Annual Transparency Reporting on Government Payments
On an annual basis, we prepare and submit a report prepared in accordance with the Extractive Sector Transparency Measures Act (ESTMA), a Canadian legislation. This ESTMA report sets out payments we make to our host governments.
Centerra is a signatory of the Extractive Industries Transparency Initiative (EITI). The EITI contributes to improved governance in resource-rich countries through the verification and publication of all company payments to governments as well as government-reported revenues from oil, gas and mining. The EITI standard is implemented by signatory governments with an international multi-stakeholder structure at the core of the initiative.
Operating in jurisdictions that support accountability and transparency is key.