BHP Foundation News

13 results

  • Greater transparency on who ultimately controls and profits from companies is increasing in priority on national agendas

    Wed, January 17, 2024

    Natural Resource Governance

    An independent evaluation of the Opening Extractives (OE) programme conducted by Oxford Insights found that OE has proved key in supporting countries to implement changes for improving the transparency of company ownership structures.

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  • Collective action critical to address the governance challenges of the energy transition

    Thu, November 16, 2023

    Natural Resource Governance

    Improved governance of natural resources will be a keystone of a successful energy transition over the next decade. That’s why BHP Foundation is supporting Governance Action Hub, a new project designed to empower locally-led coalitions to reduce corruption and improve development outcomes in resource-rich countries.

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  • One solution won't end corruption, but many could

    Thu, September 7, 2023

    Natural Resource Governance

    With US$1.5 trillion estimated to be paid in bribes by businesses and individuals each year, transparency and oversight in beneficial ownership and public procurement play a critical role in the fight against corruption in the extractives sector.

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  • Exponential increase in demand for transition minerals: risk and opportunity

    Fri, June 30, 2023

    Natural Resource Governance

    Never has extractive industry transparency been more critical than in shaping the energy transition, as resource rich countries will face an exponential increase in demand which will lead to wealth generation. This presents both huge risk and opportunity.

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  • Increasing women's participation in Colombia’s public procurement

    Mon, May 8, 2023

    Natural Resource Governance

    The city of Palmira, in Colombia, has taken crucial steps to use public procurement to empower those who have been historically excluded from the economy, including women businesses and small and microbusinesses.

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  • Fight against corruption builds momentum at Summit for Democracy

    Wed, April 12, 2023

    Natural Resource Governance

    Addressing and fighting corruption was high on the agenda at the second Summit for Democracy held on March 29-30, 2023, co-hosted by United States President Biden with the governments of Costa Rica, the Netherlands, Republic of Korea, and Republic of Zambia.

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  • Integrity, transparency and accountability are key to Ukraine’s recovery

    Tue, April 4, 2023

    Natural Resource Governance

    Latest estimates suggest over US 400 billion dollars* will be needed to reconstruct Ukraine. To make the most of every dollar, a coalition known as RISE (Reconstruction Integrity, Sustainability and Efficiency) Ukraine is working to help Ukraine build back better, making the reconstruction a model of open government and open contracting.

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  • Challenging corruption with global, clever and nimble responses

    Tue, December 6, 2022

    Natural Resource Governance

    Citizens of resource-rich countries have a right to benefit from the wealth generated by extraction of their natural resources. But as the world looks to decarbonize, quickly, how do we ensure short cuts to access cobalt, nickel, and rare earth elements, which more than half of the world’s reserves exist in countries with high levels of corruption, don’t short-change the countries and communities providing these resources?

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  • An inspiring coalition that will guide Ukraine's reconstruction

    Thu, July 7, 2022

    Natural Resource Governance

    RISE Ukraine, a new coalition of Ukrainian organizations and international partners, was launched this week at the Ukraine Recovery Conference in Lugano, Switzerland, with inaugural funding from the BHP Foundation.

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  • A data-driven approach delivering tangible outcomes to communities

    Tue, February 22, 2022

    Natural Resource Governance

    Governments and natural resources companies are recognizing the importance of public data disclosure on social, economic and environmental impacts and contributions towards quality-of-life improvements. Such efforts increase accountability and build trust.

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