BHP

BHP is a leading global diversified resources company. The company is among the world’s largest producers of commodities, including iron ore, metallurgical coal, copper and uranium. It has substantial interests in conventional and unconventional oil and gas and energy coal. BHP is headquartered in Melbourne, Australia.
Founding supporter since 2003
Supporting Company through membership of ICMM

Statement of support

Good governance of natural resource wealth for the benefit of a country’s citizens is the domain of sovereign governments, to be exercised in the interests of their national development and on behalf of their citizens. We believe that transparency around revenue flows from the extraction of natural resources is an important element in the fight against corruption. BHP has been a supporter of the Extractive Industries Transparency Initiative (EITI) since its inception.

Engagement with the EITI

BHP has been actively engaged in the governance of the EITI as a member of the EITI Board 2019 -2021. The company was a member of the multi-stakeholder group (MSG) guiding the Australian EITI Pilot and an MSG member in the United States when the country implemented the EITI Standard. 

BHP is committed to supporting and cooperating in the implementation of country-level EITI work plan as its host countries progress in the implementation of the EITI Standard.

Learn about BHP Foundation's role in supporting the EITI on BHP's Foundation page on the EITI website

Strengthening transparency

BHP has a long-standing commitment to transparency as a means to enhance understanding, build trust and drive accountability. The company has been disclosing details of its tax and royalty payments for many years and has continually updated and expanded its disclosures. 

The 2020 BHP Economic Contribution Report includes disclosure of all BHP payments of taxes and royalties to host governments on a country-by-country and project-by-project basis, together with BHP disclosure of companies in ‘low-tax’ jurisdictions. This report complies with the European Union Transparency Directive and the Australian Voluntary Tax Transparency Code.

BHP is proud to have received recognition for its corporate transparency from the Building Public Trust in Corporate Reporting Awards 2016. The company also supports measures such as the Organisation for Economic Co-operation and Development’s Base Erosion and Profit Shifting action plan (OECD BEPS), which helps curb aggressive tax planning.

Read more about BHP's annual reporting on BHP's website

Statement of support for the EITI on BHP's website 

EITI Board member
James Ensor

Г-н Джеймс ЭНСОР

Executive Director, BHP Billiton Foundation, Australia