Being open about taxes and royalties we pay to governments helps build trust with our shareholders, employees, customers, the communities where we operate and other stakeholders.
We have disclosed details of our tax and royalty payments for more than 20 years and we have continually updated and expanded our disclosures.
We recognise taxes are important sources of government revenue and are central to the fiscal policy and macroeconomic stability of countries. Paying the right amount of taxes and royalties enables governments to finance and deliver on national development plans for the benefit of the broader community to promote sustainable economic growth, full and productive employment, and reduce poverty and inequality within and among countries.
In our view transparency allows an informed debate on the integrity of tax regimes and the contribution we do and should make in the countries where we operate.
Economic Contribution Report 2023
Our 2023 Economic Contribution Report discloses our total economic contribution for FY2023, globally and in the key jurisdictions we operate, and includes additional information:
- Our payments to governments by country and project
- Our approach to transparency and contribution to the development of tax policy
- Our approach tax governance and risk management
- Our approach to compliance
- Our approach to stakeholder engagement.