1% INCOME AND EXPENDITURE STATEMENT For the year ended 31 December 2018 (in £ thousands) 9% 19% FOREWORD FROM 12% Annual report 2018 INCOME BY SOURCE 2018 2018 2017 2017 © Courtesy OUR FOUNDERS: of Skoll Foundation Charmian Gooch, Patrick Alley Governments 2,026 19% 2,244 21% 2018 INCOME and Simon Taylor Trusts and Foundations 6,414 59% 6,254 59% As we approach 25 years since we set up Global Witness, DELIVERING Individuals 1,300 12% 1,586 15% it’s only natural to reflect on what has been achieved and Other NGOs and Multilaterals 963 9% 296 3% how things have changed since we began. When we first exposed the deadly multi-million dollar cross-border trade in Donated services and facilities 162 1% 193 2% 59% Cambodian rainforest timber between the genocidal Khmer 10,865 100% 10,573 100% Rouge and Thai logging companies, we pioneered the concept that corruption, human rights and environmental abuses GLOBAL are often inextricably linked. But we had no idea we would 9% eventually play a major part in bringing the world’s biggest corporate corruption case against senior executives at major EXPENDITURE 2018 2018 2017 2017 12% oil companies, work with partners to bring global attention to attacks on brave land and environmental defenders, or win CHANGE Campaigns 8,373 79% 7,600 79% 2018 a TED prize for our work to end anonymous companies. The Indirect costs and governance 1,289 12% 1,121 12% EXPENDITURE change Global Witness has catalysed with its investigations, Cost of raising funds 962 9% 915 9% its campaigning work and its advocacy is amazing. 40% of the world’s endangered bonobo population live in Salonga National Park, 10,624 100% 9,636 100% Yet the challenges that made us start Global Witness remain a UNESCO World Heritage Site and the as relevant today as ever. As we hurtle ever closer to the largest tropical rainforest in Africa. 79% Comico told us it would not drill in Salonga catastrophe of global climate breakdown, we need to be National Park. We are pushing for a strong working harder and smarter to protect our planet from commitment to stay out altogether. BY CAMPAIGN 2018 2018 2017 2017 rapacious and destructive companies and negligent or © Nature Picture Library / Alamy Stock Photo corrupt Governments. Last year, for example, we: Conflict and Fragile States 2,367 25% 1,946 22%  25% Used our undercover footage to support authorities to Corruption 3,514 36% 3,016 35% build cases against illegal timber traders in Peru; Forests, Land and Climate 3,781 39% 3,759 43%  Exposed the illegality of logging operations in the Solomon 39% 9,662 100% 8,721 100% 2018 Islands and Papua New Guinea through satellite imagery; and BY CAMPAIGN  Uncovered Exxon’s complicity in Liberian oil sector corruption, which has led to an investigation into the actions of Government officials The above summarised financial statements are extracted from the full statutory directors’ 25 annual report and financial statements which were approved by the directors and signed on 36% their behalf on 15 April 2019. The full financial statements, on which the auditors Crowe U.K. LLP Corruption continues to be at the heart of so many of the gave an unqualified audit report on 15 April 2019, have been submitted to Companies House. issues we face in truly tackling the scale of the harm we’re years doing to our environment. Global Witness is more determined These summarised financial statements may not contain sufficient information to gain a complete understanding of the financial affairs of Global Witness. The full statutory and more committed than ever to uncover this corruption, and directors’ report, financial statements and auditor’s report may be obtained from expose it to the world, and campaign to change the systems counting www.globalwitness.org/about-us/financial-statements/ that enable it.

Indigenous peoples and defenders like Maria do Socorro Costa da Silva THANK YOU TO ALL continued to struggle for their land OF OUR SUPPORTERS* rights in the deadliest country for MESSAGE defenders in 2017 – Brazil. Global Witness is a non-profit organisation that relies People Postcode Board of Directors Trustees of Global FROM OUR CEO: © Thom Pierce / Guardian / on the generosity of our supporters and partners to continue Lottery Witness Trust (UK) Global Witness / UN Environment Mark Stephens CBE Gillian Caldwell our tireless investigations, exposés and advocacy. Without Pro Victimis (Chair) Christopher Mitchell your support, the victories we have struck against conflict, Foundation (Chair) In 2018, some of our longest-running Patrick Alley campaigns bore fruit. Nowhere is this corruption, human rights abuses and environmental Silicon Valley Jeremy Bristow Charmian Gooch more apparent than the historic victory destruction around the world would never have been achieved. Community Caroline Digby to bring transparency to UK Overseas © Courtesy of Skoll Foundation Juana Kweitel Foundation We want to thank all of our donors for sharing our vision Tony Stevenson Territories through public registers of for a better world - where corruption in the global political Skoll Foundation Simon Taylor company ownership. This is the culmination Directors of Global and economic system is challenged and accountability Taylour Foundation Jessy Tolkan of almost a decade of campaigning for reform in these prevails, people’s rights to land and livelihood are protected, Witness Foundation notorious tax havens, which have long been destinations governments act in the public rather than the private interest, The Foundation (US) of choice for those laundering dirty money, including to Promote Open Advisory Board and the environment on which we all depend is protected. Stafford Matthews billions that may have been stolen from developing Society Bennett Freeman (President) economies off the back of natural resource deals. The Swedish (Chair) DONORS Institutions Grantham Patrick Alley and NGOs Foundation for the International Misha Glenny We had other victories as well: Individuals Protection of the Development Bennett Freeman  In Afghanistan, a new mining law passed with the Adessium Stephen King - Environment Cooperation provisions we had argued for, including public registers John and Laura Foundation Agency, Sida, resigned 19 April Arnold Horace W. 2018. of mine ownership, contract publication as a condition Arcadia - a represented by the *These are the donors Goldsmith that have given their of validity, and the publication of mining production and Bailey Caldwell charitable trust of Embassy of Sweden Ory Okolloh Foundation consent to have their payment data to reduce corruption. Peter Baldwin and in Kinshasa appointed 2 Yvon Chouinard gift acknowledged in our  In the European Union, we secured support for a new Lisbet Rausing Irish Aid The Waterloo October 2018 Annual Report. Matthew Erickson Foundation law to require EU investors to ensure that they aren’t Arcus Foundation IUCN NL Camille Massey financing companies and projects anywhere in the world Mary Follett and Bertha Foundation JMG Foundation Third Sector New Bandi Mbubi which contribute to climate change, deforestation, or Toby Follett England human rights violations. Brook Foundation John D. and Arlene McCarthy Susannah Goodman Catherine T. Tilia Fund OBE  Pending US legislation on Myanmar includes important Climate and Land Ken & Dana Design MacArthur language we advocated for incentivising reform to move the Use Alliance (CLUA) UK Department Christopher Mitchell Foundation Ann K. Luskey for International gemstone sector away from corrupt military control. Don Quixote Aryeh Neier Kestrelman Trust Development (DFID) Camille Massey Foundation (Honorary Chair) Our work continues in all these areas and more. In the years UPPING UK Department Ministry of Foreign Georgia Oetker Evan Cornish Anita Ramasastry to come we will continue to push politicians and companies Affairs of Denmark for International Foundation to deliver for people and the planet. Stephen Peel Development- FGMC Silas Siakor Nationale Postcode FJC, A Foundation of Ethan Preston, Loterij Wallace Global Fund Alexander Soros We couldn’t achieve what we do without the energy and THE Philanthropic Funds Preston Law Offices - resigned 20 commitment of our strategic and tenacious staff and partners Norwegian Agency William and Flora Ford Foundation November 2018 around the world, who confront powerful and sometimes for Development Hewlett Foundation Mike Servent dangerous opponents daily. Nor without our supporters, Frederick Mulder Cooperation Mabel van Oranje Susan Seymour who drive us forward in our fight for a more just and Foundation (NORAD) ANTE Edward Zwick sustainable world. Jane Thurnell-Read Good Energies Omidyar Network And the hundreds of individuals who support Global Witness. www.globalwitness.org Printed on 100% recycled FSC accredited paper that is chlorine free. GLOBAL IMPACTS DRC SOUTH SUDAN in their supply chains, NIGERIA AFGHANISTAN laundering laws. Attorney NIGER In response to our report, Our report on state-owned and commitments to avoid Our economic analysis The new mining law Marc S. Koplik is subject to We helped release detained Our work touches Comico said it would not drill oil company, Nilepet, led to deforestation and land revealed the full impact of includes publication similar censure. civil society activists in Niger countries all around the in Salonga National Park, a them and 14 other companies grabbing. the 2011 oil deal struck by of beneficial ownership (including allies on the Publish world (highlighted). Here is UNESCO World Heritage Site. being ‘listed’ by the US Shell and Eni on the Nigerian as well as production CHINA What You Pay coalition) a taster of some of our most Now we’re pushing for Securities and Exchange UK economy, highlighting that and payment data. Our investigation revealed as part of an international important impacts in 2018: a binding commitment to Commission (SEC), making it We released the first expected government revenue that tropical timber across campaigning effort. keep out altogether. harder for them to trade with comprehensive analysis was reduced by nearly $6bn. US the Solomon Islands is being PAPUA NEW GUINEA the US. of the UK’s new open John H. Jankoff, one of harvested on an unsustainable EUROPE We released a report that ZIMBABWE data beneficial ownership GLOBAL the lawyers featured in our scale, and that much of We ensured EU institutions are revealed widespread illegality Our investigation revealed GLOBAL legislation, identifying We launched Finding the Undercover In New York the activity driving this looking into the corruption and throughout PNG’s forestry Zimbabwe’s spying agency Our longstanding work in loopholes for continued Missing Millions, a ground- investigation on CBS environmental destruction is at security risks around golden industry and highlighted and Army held secret the rubber industry led non-disclosure and breaking data tool that guides 60 Minutes, was censured by high risk of being illegal. As a visa schemes, which give the risks of this trade to stakes in diamond mining Bridgestone, Goodyear, and weaknesses in the register. users to follow the money to the Appellate Division of The result, one of China’s largest potentially corrupt and China’s global reputation companies, demonstrating Continental to announce new Companies House has now identify red flags for corruption Supreme Court of New York forestry trade associations is criminal individuals free rein and trade relations. In his the ongoing link between rubber procurement policies allocated more resources in the extractives industry. for violating the New York now said to recognise PNG to move throughout the EU. first trip to PNG, the UN High diamonds and human requiring Free, Prior and towards compliance and Rules of Professional Conduct as a high-risk country and is Commissioner on Human rights abuse. Informed Consent (FPIC) validation of data. by offering advice on how aiming to look into sourcing Rights highlighted the fact to move money in ways that from less risky countries. that logging companies were would skirt existing anti-money utilising land without Free, Prior and Informed consent (FPIC) from communities. UK ITALY We achieved an historic Fifteen defendants, victory to bring transparency including Shell and Eni, and to British Overseas Territories current and past senior executives, when the UK government middlemen and former Nigerian oil passed legislation to require the minister Dan Etete, are now on trial in introduction of public registers Milan for a billion-dollar alleged bribery of company ownership. scheme we investigated. Two middlemen have already been convicted and sentenced to four-year jail terms and approximately $120m

in asset confiscations. The biggest corporate corruption trial in Milan. Shell and Eni and their executives are being held to account for alleged dodgy dealing in HONDURAS EUROPE Nigeria © Global Witness Following consistent We have achieved reporting and advocacy by agreement in the European Global Witness and local partners, Union requiring investors to killings of land and environmental report on their due diligence to GLOBAL defenders decreased in ensure they don’t fund projects We successfully Honduras, and several of those which contribute to climate campaigned to get the responsible for the murder change, deforestation, bank Standard Chartered of Berta Caceres have been or human rights to introduce a new policy brought to justice. violations. to stop financing coal-fired power stations anywhere in the world.

PERU LIBERIA We published a report Our investigation on the illegal timber trade exposing Exxon’s complicity in Peru. Peruvian authorities BRAZIL in Liberia’s corrupt oil sector was are now using the video We published an featured on the front page of footage we secured to investigation with Public Eye The Wall Street Journal. Liberian build a case against detailing how the world’s three President George Weah immediately major exporters. largest commodity traders all used ordered an investigation that found middlemen strongly implicated in officials had broken the law and Brazil’s Car Wash corruption scandal. demanded repayments One month later, Brazilian federal totalling $500,000. authorities announced that oil deals involving Glencore, Vitol and Trafigura were under investigation.

LOOKING AHEAD the brink of disaster. Yet we have not seen any curbing of the the fake as authentic. These are the next frontiers in the behaviour of the rapacious fossil fuels industry, which carries fight against corruption. It is now 25 years since Global Witness was first established. on exploring potential new areas for extraction, even as they We take pride in the barriers we have created for the continue to empty existing wells. As we look towards another 25 years of Global Witness, we corrupt and criminal across the world, including extractive are as determined as ever to confront these global challenges. industry transparency standards, supply chain due diligence They are aided, of course, by a global political system which is That means stepping up our focus on the fossil fuel sector – obligations, and laws to tackle the scourge of anonymous pitted in favour of powerful and wealthy companies. This has and those who regulate, provide them with financing and companies. Whether it’s our work to hold senior Shell officials been turbo-charged in recent years with the continued rise do deals with them – to help prevent irreversible climate to account for alleged dodgy dealings in Nigeria, or our of political forces which hide their own propensity towards breakdown and hold them to account for the impact they campaign to bring to justice those involved in the killing of corruption behind a veil of “anti-corruption” campaigning. have on the planet. It means working harder than ever with land and environmental defenders, our highly tuned approach The political shocks of 2016 – 2018, with Trump winning in our partners across the world to expose the companies, of finding the facts through forensic investigations, exposing the US and Brexit passing in the UK referendum, the success governments and individuals that threaten the rights of the story through high-profile communications, and pushing of illiberal populists across Europe and, more recently, citizens, activists and campaigners who are fighting for to change the system through our longer-term campaigning Bolsonaro winning in Brazil, paint a dark cloud over the sustainability, transparency and equality. and advocacy work, has stood the test of time. global anti-corruption movement. We can be proud of our legacy of securing systemic change that As we look towards the future, however, we see the challenges We are also witnessing a troubling decline in civic space, affects how countries and companies operate, and improves Papua New Guinean activist we face becoming more complex and our opponents human rights and democratic freedoms, creating an lives for millions. It is the skills, expertise, networks and global Augustine Mondu, a long-term potentially becoming more powerful. Devastating climate environment where transparency, free speech and justice are partnerships developed over a quarter of a century that make partner of Global Witness, trains breakdown is hurtling towards us and, with the IPCC report under threat. New technologies can facilitate this, providing us feel positive for the future – we are ready for the challenge, local communities to know their setting a deadline of 11 years for substantive action to be the ability to coordinate the manipulation of political knowing that real and lasting change is possible. legal rights and protect their land and forests. © Global Witness taken, every moment of delay is pushing us ever closer to processes from outside a country, and to present