Five NGOs have filed a complaint to the Organisation for Economic Co-operation and Development (OECD) against a subsidiary of Glencore, the world's largest commodity trader, over allegations that a mine it owns in Zambia may not be paying enough tax on its profits.
The organisations – the Centre for Trade Policy and Development (CTPD), in Zambia; Sherpa, a Paris-based non-profit organisation; Berne Declaration, a Swiss-based NGO; Mining Watch Canada; and L'Entraide Missionaire, also based in Canada – believe the operations of Mopani Copper Mines, in which Glencore has a 73% stake, may be at odds with OECD guidelines for multinational companies.
The organisations – the Centre for Trade Policy and Development (CTPD), in Zambia; Sherpa, a Paris-based non-profit organisation; Berne Declaration, a Swiss-based NGO; Mining Watch Canada; and L'Entraide Missionaire, also based in Canada – believe the operations of Mopani Copper Mines, in which Glencore has a 73% stake, may be at odds with OECD guidelines for multinational companies.
