Glencore response to SOMO report
"[DOC] Glencore response" - 06 August 2013
We have reviewed the allegations made by the report of tax evasion and pollution of air and drinking water by our subsidiary Mopani Copper Mines plc in Zambia. The report makes a number of inaccurate and outdated statements and there are a number of points on which we would like to provide further clarity and details:...Our Code of Conduct states ‘We are committed to full compliance with all our statutory obligations, full disclosure to tax authorities and reporting transparently to the governments of the countries in which we operate’. We report publicly on our activities around the world in our annual financial and SD reports...Glencore Xstrata is an active supporter of the Extractive Industries Transparency Initiative (EITI), and the report on our implementation of the EITI in the countries where we operate can be found on the EITI website www.eiti.org.