Pearl Initiative
{{Short description|Non-profit organization}}
{{Infobox organization
| image = Pearl_Initiative_Logo.png
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| caption = Logo of the Pearl Initiative
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| formation = {{Start date and years ago|2010|09}}
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| leader_title = Founders
| leader_name = Badr Jafar
Amir Dossal
| leader_title2 = Executive Director
| leader_name2 = Ranya Saadawi
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| name = Pearl Initiative
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| size = 120px
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| abbreviation = PI
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| region_served = Persian Gulf region of the Middle East
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| website = {{URL|http://www.pearlinitiative.org}}
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The Pearl Initiative is a non-profit organization founded in 2010 that focuses on corporate governance, accountability and transparency in the Persian Gulf region.{{cite web |title=Mena focus for UN campaign |date=21 September 2013 |url=https://www.thenational.ae/business/mena-focus-for-un-campaign-1.275700 |access-date=11 July 2018}}{{cite web |title=Middle East family firms focus on corporate governance |date=22 January 2016 |url=https://gulfnews.com/business/economy/middle-east-family-firms-focus-on-corporate-governance-1.1658121 |access-date=11 July 2018 |publisher=Gulf News Economy}}
The organization publishes reports,{{cite web |title=CEO Corner: Badr Jafar |url=https://www.accountability.org/ceo-corner-badr-jafar/ |access-date=20 June 2019 |website=AccountAbility |publisher=AccountAbility}} and holds regular events.{{cite web |title=Middle East family firms focus on corporate governance |url=https://gulfnews.com/business/economy/middle-east-family-firms-focus-on-corporate-governance-1.1658121 |access-date=11 July 2018 |publisher=Gulf News Economy}}{{cite web |title=Pearl Initiative Events |url=https://www.pearlinitiative.org/events/event/past |access-date=20 June 2019 |website=Pearl Initiative}} It holds annual Case Study Competitions across the Gulf Region.{{cite news |date=15 February 2015 |title=Pearl Initiative Student Case Study Competition highlights importance of responsible business practices in newly published report |work=Zawya |publisher=Zawya |url=https://www.zawya.com/story/Pearl_Initiative_Student_Case_Study_Competition_highlights_importance_of_responsible_business_practices_in_newly_published_report-ZAWYA20150215102553/ |access-date=10 Mar 2016}}{{cite news |date=5 November 2012 |title=Pearl Initiative introduces corporate good practices |work=The Saudi Gazette |url=http://www.sauress.com/en/saudigazette/141756}}{{cite web |title=TDIC Recognised in Pearl Initiative’s Series on Corporate Good Practices Report |url=http://www.uaetoday.com/news_details_ad.asp?newsid=10969 |access-date=10 March 2016 |website=UAE TOday}}{{cite web |title=Top Bahraini University Students Recognised |url=https://www.bahrainthisweek.com/top-bahraini-university-students-recognised/ |access-date=20 June 2019 |website=Bahrain Week |publisher=Bahrain Week}}{{cite news |title=The shining pearls |publisher=Saudi Gazette |url=http://saudigazette.com.sa/article/178364/The-shining-pearls |access-date=8 April 2018 |ref=gazettesaudi}} The Pearl Initiative has been involved with the Siemens Integrity Initiative, {{cite news |date=29 Oct 2015 |title=Siemens Integrity Initiative supports the Pearl Initiative to drive good business practices in the GCC |publisher=Zawya |url=http://www.zawya.com/story/Siemens_Integrity_Initiative_supports_the_Pearl_Initiative_to_drive_good_business_practices_in_the_GCC-ZAWYA20151029092220/ |access-date=10 March 2016}}{{cite web |title=Pearl Initiative, Siemens Gather Industry Experts to Discuss Anti-Corruption Practices |url=https://www.menaherald.com/en/business/events-services/pearl-initiative-siemens-gather-industry-experts-discuss-anti-corruption |access-date=30 June 2018}} and the Bill & Melinda Gates Foundation.{{cite web |title=Pearl Initiative launches new programme |url=https://gulfnews.com/news/uae/society/pear-initiative-launches-new-programme-1.2180733 |access-date=30 June 2018 |publisher=Gulf News}}
History
The Pearl Initiative was founded in 2010 in cooperation with the United Nations Office for Partnerships{{Cite web |title=Next 10 years is key for MENA's long-term sustainability, says Badr Jafar |url=https://www.wamda.com/2014/08/next-10-years-key-mena-long-term-sustainability-badr-jafar |access-date=2022-04-12 |website=Wamda |language=en}} to promote higher standards in corporate governance, accountability, and transparency in the Gulf region.{{Cite web |date=2013-09-21 |title=Mena focus for UN campaign |url=https://www.thenationalnews.com/business/mena-focus-for-un-campaign-1.275700 |access-date=2022-04-12 |website=The National |language=en}} The organization was granted Special Consultative Status with the United Nations Economic and Social Council in 2019.{{Cite web |title=Pearl Initiative promotes strategic philanthropy in the Gulf region |url=https://www.gulftoday.ae/business/2022/04/05/pearl-initiative-promotes-strategic-philanthropy-in-the-gulf-region |access-date=2022-04-12 |website=www.gulftoday.ae}} In 2020, the Pearl Initiative launched its updated strategy "PI Vision 2025".{{cn|date=July 2023}}
Structure and key people
The Pearl Initiative's board of governors and CEO council is made up of members representing Saudi Aramco, Tadawul, Shell, Ernst & Young, PwC, Aramex, Chalhoub Group, KPMG, Bank of Sharjah, Saudi Telecommunications Company, Freshfields Bruckhaus Deringer, Dana Gas, Crescent Petroleum, Gulftainer, Al Rajhi Partners, Crescent Enterprises, and ASDA'A.{{Cite web |date=2021-11-21 |title=Ministers, business leaders gather at Expo2020 Dubai to reinforce business case for governance and sustainability |url=http://wam.ae/en/details/1395302995046 |access-date=2022-05-07 |website=wam}}{{Cite web |title=Patronage and Governance |url=https://www.pearlinitiative.org/patronage/ |access-date=2022-04-15 |website=Pearl Initiative |language=en-US}}{{Cite web |author=Staff Writer |last2=WAM |title=Pearl Initiative launches 'Vision 2025' to transform corporate governance practices across Gulf region |url=https://www.zawya.com/en/business/pearl-initiative-launches-vision-2025-to-transform-corporate-governance-practices-across-gulf-region-to41p6s2 |access-date=2022-04-15 |website=www.zawya.com |language=en}}
In 2018, the Pearl Initiative's board of governors established a student advisory board made up of students from the American University of Sharjah, Effat University, Ahlia University, Abu Dhabi University and Prince Sultan University.{{Cite web |title=Prince Sultan University {{!}} News |url=https://www.psu.edu.sa/en/news/39?page=12 |access-date=2022-05-07 |website=www.psu.edu.sa}}{{Cite web |last=CL |date=2021-06-21 |title=Pearl Initiative names six GCC youth to its Student Advisory Board |url=https://menews247.com/pearl-initiative-names-six-gcc-youth-to-its-student-advisory-board/ |access-date=2022-05-07 |website=Middle East News 247 |language=en-US}}{{Cite web |title=Student Advisory Board – Summary |url=https://www.pearlinitiative.org/gva_event/student-advisory-board-summary/ |access-date=2022-04-17 |website=Pearl Initiative |language=en-US}}
In 2021, the Pearl Initiative announced the appointment of Ranya Saadawi as its executive director.{{Cite web |title=Pearl Initiative promotes strategic philanthropy in the Gulf region |url=https://www.gulftoday.ae/business/2022/04/05/pearl-initiative-promotes-strategic-philanthropy-in-the-gulf-region |access-date=2022-04-15 |website=www.gulftoday.ae}}
References
{{Reflist|2}}
External links
- {{Official website|http://www.pearlinitiative.org}}
- [http://www.pearlinitiative.org/pi_admin/publications/viewenpdf?filename=article-20171101123740.pdf Gulf Corporate Integrity Indicator]