The Public Integrity Centre (CIP) presents the third edition of the Extractive Sector Transparency Index (ITSE), for 2021 and 2022, whose fundamental objective is to promote the transparency of companies in the extractive sector in Mozambique.
The index is based on a ranking of companies in the extractive sector (mining and oil), relating to the provision of fiscal, social, corporate governance and environmental information. It is hoped that the ITSE will be a tool for analyzing the level of transparency of this sector in the country, in general, and in companies, in particular, and that it may contribute towards improving the governance of the extractive sector in Mozambique.
The results of the 3rd edition of the ITSE show that, globally, the sector still presents low levels of transparency. It reached 21 points out of a total of 100 possible points, representing a reduction in transparency of 4 points, when compared with the 2nd edition. The fiscal and environmental components are those which have contributed most to the deterioration of the index.