Repost: DiGi, Top Glove Join Business Integrity Alliance
Friday, December 2, 2016
TWO major listed companies on the local stock exchange, DiGi.Com Bhd and Top Glove Corp Bhd, have joined the Business Integrity Alliance (BIA) as pioneering partners to drive business integrity in the Malaysian commercial environment.
The alliance, which aims to bring together companies committed to doing business with integrity and overcome corruption factors affecting the business environment, will be working with the Integrity and Governance Division under Minister in the Prime Minister’s Department Senator Datuk Paul Low.
BIA secretary general Dr Mark Lovatt said the alliance is expected to start small with four committed companies and hopes to add about 20 companies in the upcoming year.
“We won’t work with just any company. We are interested in quality above quantity because we want to support those who take business integrity seriously,” Lovatt told reporters after the official launch of the BIA in Kuala Lumpur yesterday.
He said although a lot of large companies may not have a 100% track record void of corruption incidences, corporations which have taken recourse to address such loopholes can fall under the category of those who stand for integrity.
“As for companies that are blatantly carrying on with malpractices, we don’t want to know anything about them. We are not interested in them. Those companies which are working hard to stand for integrity are those people we are very interested in helping and supporting. That is what the programme is for,” Lovatt said.
DiGi Telecommunications Sdn Bhd general counsel Ola Hanson said the mobile services provider is committed to upholding high standards of ethical behaviour as a base to promote transparent business practices.
“By sharing the same commitment to have a high standard of integrity, I am certain that we will not only continue to drive a successful business environment but also secure the trust and respect of our stakeholders and customers,” Hanson said in a statement.
Top Glove MD Lee Kim Meow said the BIA offers a positive recognition of good governance, which should be made known in the business community.
“We would certainly like it to be included in our next annual report. We would like to mention that we have a statement on corporate governance. Over time, we hope that our customers from all over the world will pay attention to this area and (recognise) that we are a strong supporter of business ethics in the industry,” Lee said.
The alliance is a private sector programme initiated by Lovatt, who is also CEO of Trident Integrity Solutions Sdn Bhd, and former UN Global Compact Network Malaysia president Mohd Shah Hashim.
This article was reposted from: http://themalaysianreserve.com/new/story/digi-top-glove-join-business-integrity-alliance