According to EITI, 3.5 billion people live in countries rich in oil, gas and minerals, which, if developed with good governance, can generate revenues to foster growth and reduce poverty.
ExxonMobil helped advise the UK's Department for International Development regarding EITI implementation and was elected to the EITI board in 2006 by the 15 international oil companies providing financial support to EITI.
ExxonMobil supports the Group of Eight (G-8) Transparency Initiative and the United Nations Convention Against Corruption and has played a leadership role in enhancing revenue transparency in countries in which the company has significant investments, including Chad, Azerbaijan, Kazakhstan, Nigeria and Equatorial Guinea.
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