All over the world, there are businesses that take advantages of workers by offering them little pay and long hours in terrible working conditions. The UN Global Compact recognizes this, and has instituted initiatives to curtail this type of unethical abuse. Recently the QI Group, was recognized for their continuing work in corporate sustainability by the Compact.
The company considered the challenge to be an example to others around the world on how to conduct business in an ethical example. They wanted other businesses around the world to understand how and why they operated in the manner that they did, and they want to share their business philosophies with others. The QI Group does business in about 30 countries, including Hong Kong, Malaysia, and Singapore. They produce high-end luxury products, health related items, home care and energy products.
The company was presented an award recognizing it as a member of the UN Global Compact. Joseph Bismark, a managing member of the QI Group accepted the award on behalf of the company. The mission of the UN Global Compact is to assist in creating sustainable business models that have a greater impact upon the global economy. It is a worldwide initiative that recognizes companies who practice principles of anticorruption, human rights, and fair labor.
It is no surprise that the QI Group should be recognized with this award, considering Bismark’s unique background. When he was nine years old, he left his home in the Philippines to live his life with monks in a remote mountain region. When he returned to civilization at the age of 17, he dedicated his life to conducting business practices with a spiritual emphasis.
Bismark took what he learned from his spiritual experience, and applied it to his business practices. Utilizing what he learned in the mountains with the monks helped him to expand his success in the corporate world. He currently serves as the Managing Director for the QI Group, and guides their corporate dealings in social responsibility. You can read all about the QI Group and Bismark’s recognition at Yahoo Finance.
The QI Group continues to make strides in not only their fields of endeavor, but as an example of ethical business practices that not only affect their spirit of influence, but the entire business world as well.