Transparency, Payments to Governments & Anti-Corruption
We are leading experts on Transparency, Payments to Governments and Anti-Corruption. Our team works with commodities trading and extractive companies as well as policy makers and multi-stakeholder initiatives along the natural resources value chain. The work area is a foundation from which companies can retain and promote their social and political licenses to operate. Policy makers can promote a level playing field and ensure transparent and accountability-driven natural resource sectors and public financial management.
Our team of senior experts has been called to work on this work area in over 13+ countries in the past 10 years.
Business appropriate advisory
Our team of senior experts develops industry appropriate policies, strategies and management systems.
RCS Global is an Extractive Industries Transparency Initiative (EITI) accredited validator and provides strategic advisory services on key transparency frameworks, such as the EITI and on extraterritorial legislation, DF1504 and the EU Accounting and Transparency Directives, as well as customized advisory to respond to stakeholder demands.
Not all of our assignments with corporate clients come with specified terms of reference. We therefore work with our clients to define requirements and sought after outcomes. Once we have done so, we will propose a broad direction and process to follow to reach major milestones, along with a competent team to implement it. We take no shortcuts and will take the thorough route to arrive at solutions that are sustainable.
For companies, we offer:
For policy makers, we offer:
Clients & Team
RCS Global provides strategic direction to Trafigura, the second largest commodities trading company in the world, on its corporate policy and strategy development concerning transparency of payments to governments. This resulted in Trafigura becoming an EITI-supporting company, voluntarily committing to publish payments to governments and engaging in active industry leadership and stakeholder dialogue on the issue.
For the World Bank and the Government of Colombia, RCS Global undertook an EITI scoping study in Colombia. The study analysed the mechanisms and regulation to grant public access to information about revenue streams from the extractive industry to Colombian Government, assessing if they provide for effective transparency. The project involved consultations with stakeholders from State institutions, industry and civil society to collect their feedback on the political, economic and structural challenges preventing transparency in the extractive sector and the costs and benefits of possible measures to overcome them.
For the German Government, RCS Global developed certification management systems and anti-corruption policies for extractive sector companies in Rwanda as part of the German Federal Institute for Geosciences and Natural Resource’s (BGR) Certified Trading Chains Pilot Project. RCS Global also provided organisational training for companies in standard implementation.