(New York / Singapore, 20 April 2007)
- The Global
Compact Local Network in Singapore made a major move forward when more than 40
Singapore based companies signed up for the initiative during a public signing ceremony. New
participants include major Singapore companies such as the MediaCorp, largest
media company in Singapore and the region, SingTel, largest multi-market mobile
operator and market capitalization in Asia as well as many other large companies
and several SMEs.
With this event, the Local Network in Singapore has become a vibrant hub for the Global Compact in the region. With a unique tripartite structure and a commitment to high level performance standards, the network is uniquely positioned to advance the initiative.
The signing ceremony took place in the context of the joint UN Environment Programme and Global Compact B4E Global Business Summit for the Environment held on 19-20 April at the Shangri-la Hotel in Singapore.