Asked about the contradiction of an oil company taking part in a campaign to reduce the carbon footprint, Kell said these companies could launch measures to reduce flaring of gases and other emissions.
Global Compact could not verify the disclosures by companies but by public exposure the companies would have to put their houses in order. "We hope that they will turn into business-statesmen on climate, and that their voices will be heard proactively."
Global Compact, which has organised the Singapore summit with the UN Environment Programme, began with just 50 companies in 2000, but now has 5,000 participants from 120 countries.
Image: The CEO of Brazil's state-owned oil company Petrobras, Jose Sergio Gabrielli de Azevedo, listens to a question during a press conference at the UN Global Compact summit, in UN's Geneva office on July 05, 2007 | Photograph: Fabrice Coffrini/AFP/Getty Images
Also read: India's top 10 companies
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