Another Big Name in QI's Closet

Admin   |   14 September, 2015   |   463   |   3980

PETALING JAYA, Malaysia - QI Group of Companies, the parent company of QNET, was recognized as a member of the United Nations Global Compact (UNGC) Network and as one of the latest signatory organizations of the UNGC – the world's largest corporate sustainability initiative.

QI pledged to adopt sustainable and responsible business practices under a United Nations initiative at the 2015 International CSR Summit held in Singapore recently.

The UNGC is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption. QI partook in this initiative to show their commitment to good practice for sustainable business and social success and development.

Mr. Joseph Bismark, Group Managing Director of the QI Group of Companies, accepted the certificate from Ms. Ursula Wynhoven, General Counsel, Chief, Governance and Social Sustainability.

"Being a registered member of the UNGC is an honor and a privilege. It very much is in alignment with the QI Group’s commitments to improve its function in areas including human rights, labour rights, the environment and anti-corruption,” said Mr. Bismark.

One of the other benefits of this engagement is the opportunity to adopt a globally recognized policy framework for the development, implementation, and disclosure of environmental, social, and governance policies and practices.

“These practices will in turn, increase transparency and accountability which are valuable for good corporate governance. This tie-up also provides an excellent platform which binds us with other stakeholders at an international level, especially those with similar objectives," Joseph Bismark added.

The association to UNGC is a lucrative platform to share best and emerging practices and in advancing sustainability solutions in partnership with a range of stakeholders, including UN agencies, governments, civil society, labour, and other non-business interests. It also provides a link to business units and subsidiaries across the value chain with the Global Compact's Local Networks around the world.

“Accessing the United Nations' extensive knowledge of and experience with sustainability and development issues is an opportunity that we are going to maximize,” Bismark further reiterated.

About QI Group

The QI Group of Companies is a multinational conglomerate comprising a dynamic group of businesses with regional offices in Hong Kong, Singapore and Malaysia and a wide range of subsidiary companies in nearly 30 countries. Please visit www.qigroup.com for further details.

About Joseph Bismark

A founding Director of the QI Group, Joseph Bismark assumed the role of Group Managing Director in December 2008. A talented, dynamic and versatile leader, Joseph Bismark lives by the adage "everyone has the potential to do extraordinary things." Joseph Bismark has actively pursued an innate thirst for knowledge, and excelled in his various interests as a vedic philosopher, yoga instructor, bonsai master and martial arts enthusiast. Follow him on Twitter @TheDailyGem.

Contacts

for QI Group of Companies

Kim Smith, +60 3-7956 9888

Media@qnet.net