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Article

31 Oct 2014

Christian Aid welcomes UK Govt.’s report on need for transparency in mining sector, regrets tax avoidance being overlooked

"MPs are right to demand more transparency from mining, oil & gas firms", 28 Oct 2014

Responding to a new report about mining, oil and gas companies by the House of Commons’ Business, Innovation and Skills Committee, Toby Quantrill of Christian Aid said: “We welcome the demand for greater public information about the ways in which UK mining, oil and gas companies affect people’s lives and the environment around the world, for better and for worse…[T]his will encourage companies to act more responsibly towards the millions of people affected by their operations…Christian Aid believes that the Committee has missed a trick in not pushing for more information on companies’ tax payments, which would help to reveal whether companies are paying their fair share of tax in any particular country. Without this information, it will remain too easy for unscrupulous mining, oil and gas companies to continue to cheat the citizens of some of the world’s poorest countries, while profiting from their natural resources.”…

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