How Companies Can Play a Role in Transparency and Accountability

Issue: Civil Society, Contracts, Publish What You Pay

NRGI president Daniel Kaufmann recently spoke with SUSTAIN, the International Financial Corporation’s new online platform for business.

An excerpt is below. You can read the entire article, including comments from leaders of other organizations, here.

“Transparency at the contracting stage promotes deals that are more balanced. Contract transparency helps manage local expectations regarding the flow of benefits. Without transparency, expectations can become inflated, undermining commitments made by government officials and companies. Being proactive in communicating benefits, especially with today’s lower commodity prices, is in a company’s interest.”