The Global Compact is facing a real challenge in its handling of the complaint against PetroChina by NGOs.
If it fudges the issue, its credibility will be undermined. If it de-lists PetroChina, it will appear to be going backwards. So if PetroChina will not respond constructively, then perhaps the Global Compact should.
One root of the problem is the structure of the Global Compact. It combines setting the standard with judging those who try to apply it. This gives it the potential for conflicts of interest. Dealing with such issues is a well-trodden path. Maybe it is time the Global Compact set out on that journey.