If ExxonMobil and Chevron truly support transparency and wish to retain the reputational benefits of leadership in initiatives like the Extractive Industries Transparency Initative, they should support full implementation of Dodd-Frank 1504 in the U.S. (in line with laws in Europe and Canada) and disclose their tax payments in the U.S. and all other countries where they operate.
In Switzerland's NZZ am Sonntag newspaper, NRGI president and CEO Daniel Kaufmann argues for the legislation of commodity trading transparency in the country, which is the world's largest trading hub.
This joint course by the Natural Resource Governance Institute, the Columbia Center on Sustainable Investment and the World Bank gives students an understanding of the key challenges and opportunities that come with managing extractive industry investments for sustainable development. It's free, online and open to all. The course has begun, but you can still register for the course and catch up.