Statement of Support
Engagement with the EITI
Centerra has supported the EITI Standard in Kyrgyz Republic and Mongolia. The company's mine in the Kyrgyz Republic was among the first to sign on, report and help improve the EITI process in the country.
In their annual report on Extractive Sector Transparency Measure Act (ESTMA), Centerra publicly discloses payments to governments. The ESTMA came into force on 1 June 2015 and introduced new reporting and transparency obligations for the Canadian extractive sector. Centerra's ESTMA reports are available here.
Centerra's board has adopted its International Business Conduct Policy, which is Centerra's anti-corruption policy. The International Business Conduct policy sets rules, principles and procedures to comply with the requirements of various national laws that prohibit corruption and bribery. This includes the Canadian Corruption of Foreign Public Officials Act and the U.S. Foreign Corrupt Practices Act, as well as other guidelines and standards that comprise best business practices. In its Code of Ethics, Centerra sets out expectations for its directors and employees on ethical issues.
Centerra's commitment to transparency, anti-corruption and ethics can be found in its different sustainability reports which can be seen here.
Link to the statement of support on Centerra's website