QIC’s procurement objective is to maximise the benefits and value for money that can be delivered through procurement of goods and services whilst advancing economic, environmental and social objectives for the long term wellbeing of QIC and its clients. QIC is committed to undertaking its procurement with integrity, probity and accountability.
Our purpose is to deliver optimum investment outcomes with and for our clients, and we recognise the key role that our suppliers play in helping us to achieve this.
You can find out more about QIC here.
QIC Limited (QIC) is a long-term specialist manager in alternatives providing infrastructure, real estate, private capital and liquid market solutions for sovereign wealth funds, superannuation and pension funds, insurance and other institutional investors. We focus on our clients and their clients by providing real value through our investment solutions and client service. QIC’s vision is to be recognised as a leading trusted specialised investment manager and actively deliver investment performance to exceed QIC client and stakeholder expectations. QIC’s supply chain plays a key role in achieving this vision as we work together, bound by common principles, behaviours and standards of excellence.
It’s important to us that our suppliers meet or exceed our minimum standards and performance expectations, share our values and understand our commitments to do business with ethically, environmentally and socially responsible suppliers.
Prior to doing business with QIC, suppliers are required to demonstrate that they comply with all relevant legislation and standards, including those specific to the goods or services they are supplying to QIC. Suppliers are also encouraged to go beyond just compliance by taking responsibility for the continued improvement of social and environmental conditions and ethical behaviour within their business and that of their supply chain.
This includes meeting or exceeding our minimum requirements for workplace health and safety, human rights (including acting against modern slavery in their own organisations and supply chain), data security and privacy, ethical practices (including anti-bribery, corruption and conflicts of interest), social expectations such as workplace diversity and inclusion, and the environment.
QIC also requires that suppliers do not speak to the media on behalf of QIC, nor reference or implicate QIC, its name, logo or services in any advertising, marketing or promotional activities without QIC’s prior written consent. This includes social media and media releases.
Please submit a valid tax invoice to ensure that payments are processed in accordance with the terms of your engagement. Unless otherwise agreed with you, payment terms are 30 days after receipt of a valid tax invoice.
QIC is committed to a culture of open communication and doing what’s right. QIC’s Whistleblowing Policy is a critical component of QIC’s Risk Management Framework. QIC suppliers are encouraged and able to make disclosures of any reportable conduct under the Whistleblowing Policy.
Suppliers can raise concerns through an independent external whistle-blower provider via the means set out in the Whistleblowing Policy available at https://www.qic.com/about-qic/corporate-information/publication-scheme/our-policies.
QIC is committed to its suppliers acting against human rights abuses in the supply chain by ensuring that they are aware of, continue to investigate and are not complicit with, human rights abuses or any conduct which constitutes modern slavery under any law (including without limitation slavery, human trafficking, forced marriage, servitude, forced or bonded labour, involuntary labour or child labour) in their own organisation or supply chain. This is reinforced in the QIC Supplier Code of Conduct.
QIC will shortly be issuing its Modern Slavery Statement.
QIC is committed to doing everything reasonably practicable to provide a healthy and safe workplace for workers and any person that may be affected by QIC’s business. To ensure your safety while working with us, you must complete an induction before arriving on any QIC site or office. Please coordinate your induction requirements with your QIC site representative.