? UMACO Australia Pty Limited - Transparency

UMACO believe that natural resources wealth is important for economic growth, as it contributes to sustainable development and poverty reduction. They also believe that transparency around financial performance drives deeper stakeholder engagement, and improves monitoring and reporting within the Company. They take the view that transparency is indispensable in their corporate responsibility journey. They also believe that greater disclosure by mining companies as well as by commodity trading firms assists with improving governance in resource-rich countries like Australia, by being open about how they manage their natural resources.

Transparency in business