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Our work with EITI

We are a founder and board member of the Extractive Industries Transparency Initiative (EITI). The EITI is the global standard to promote the open and accountable management of extractive resources.

The EITI provides a platform for governments, non-governmental organisations and companies to disclose information that supports greater transparency and responsibility in the extractive sector, including the oil and gas industry.

We aim to support governments’ ambitions to achieve contract transparency. We encourage governments to share contracts and licences in line with the EITI’s revised standard on contract transparency. From January 1, 2021, this requires countries implementing the EITI standard to disclose contracts and licences that are granted, entered into or amended.

According to the EITI, more than 30 countries are disclosing some or all of their contracts. Shell is party to some of these contracts. In Suriname, Shell continues to support the government’s intention to disclose its purchase and sale contracts. In the Netherlands, Shell supports the government’s efforts in contract transparency, including publishing licences for carrying out oil and gas activities.

EITI stands for the Extractive Industries Transparency Initiative. This is a global standard for the good governance of resources like oil and gas. EITI requires disclosure of information such as publication of data showing how much money governments receive from resource extraction.
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