QNET's parent company QI Group of Companies was recognized as a member of the United Nations Global Compact (UNGC) Network

PETALING JAYA, 1 st September 2015: 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.

Some 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.

Press Release

“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 .