(New York, 10 December 2007) - On 6 – 7 December 2007, Delhi, India, the third UN Global Compact/World Petroleum Council Forum on "Responsible Business Practices in the Oil & Gas sector: Implementing the Global Compact Principles", was hosted by the Petroleum Federation of India. The event brought together over 100 participants comprised of oil and gas company representatives along with government and civil society, to share practical experiences and exchange the challenges and opportunities they face in implementing the Global Compact principles.
During the sharing of practical case studies and presentations, participants recognized the common challenges faced by oil and gas producers in the region and stressed the relevance of responsible business practices in each of the areas covered by the ten principles. Local and international operators openly shared their experiences, particularly in the areas of climate change, human rights and labour issues, anti-corruption initiatives and community development programmes.
This forum was the third in a series of workshops organized by the UN Global Compact for the oil and gas sector around the world. A report of the meeting will follow shortly.
UN Global Compact Office