In the process of applying for charitable status with the UK Charity Commission PWYP took the opportunity to review and refine its charitable objects. We took the time to look at what our role was as a secretariat and if that had evolved since becoming an independent entity. It was agreed to make the objects more succinct so that our overarching object is the promotion of sustainable development for the benefit of the public. We do this through three key focus areas:
1.1. the promotion of ethical standards of conduct and compliance with the law by governmental, industrial, voluntary sector and professional organisations in international and domestic initiatives relating to the extractive industry, in particular (but not limited to) the Extractive Industries Transparency Initiative;
1.2. the prevention or relief of poverty and the improvement of the conditions of life in socially and economically disadvantaged communities affected by the extraction and supply of natural resources;
1.3. the advancement of education and research into the extraction supply and value chain of natural resources and to publish and promote the useful results of such investigations and research to the public.
And where sustainable development means “development that meets the needs of the present without compromising the ability of future generations to meet their own needs”.
The Board of trustees approved the changes to the objects by Special Resolution on 14 November 2016.
Our Strategic Report sets out in detail our activities, which we have carried out in line with our charitable objectives. The trustees are therefore confident that PWYP has complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.
The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the organisation’s aims and objectives and in planning future activities.
The organisation carries out these objects by:
Engaging with governments and companies through the multi-stakeholder Extractive Industries Transparency Initiative (EITI) to develop an effective standard and to support the participation of civil society organisations in the initiative
Promoting the use and analysis of data coming out of EITI and mandatory disclosure initiatives to promote good governance in the extractive sector
Commissioning research and study into the extraction supply and value chain of natural resources and promoting the useful results of such investigations and research to the public at large
Supporting civil society organisations, in particular those concerned with the promotion of human rights