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WPC and Global Compact

The World Petroleum Council and the UN Global Compact are convening a series of peer-to-peer industry forum for national and international oil companies to share practical experiences and exchange the challenges and opportunities they face in acting responsibly and in implementing standards such as the Global Compact Principles in their business operations. The Principles are:

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.

Labour Standards

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labour;
Principle 5: the effective abolition of child labour; and
Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies

Anti-Corruption

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

The WPC UNGC Programme:

Malaysian Workshop (March 2007)
Joint WPC and UN Global Compact Forum in Malaysia — 28 & 29 March 2007

Indian Workshop (December 2007)
Joint WPC and UN Global Compact Forum in India — 6 -7 December 2007

The next Meeting will be in India - 6 - 7th December 2007

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