New disclosure requirements over the past couple of years will see oil, gas and mining companies having to disclose the payments that they make to governments in any of the countries where they operate (e.g. taxes, royalties, bonuses, fees, etc.). With these new standards, companies will need to input payment data into a template, which can then be made public. The challenge is to create a template that companies can use to disclose this information.
Outcomes: template that is secure, allows for easy access and use of the data by the public, is inter-operable across multiple jurisdictions (EU, US, Canada).
Main datasets: Securities and Exchange Commission datasets, Liberia – minerals sector, European extractives data.
Lead: Kady Seguin, Publish What You Pay Canada