Pearl Initiative
Logo of the Pearl Initiative
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| Abbreviation | PI |
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| Motto | Creating a Corporate Culture of Accountability and Transparency in the Gulf Region of the Middle East |
| Formation | September 24, 2010 |
| Purpose | Non-profit Private Sector led initiative |
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Region served
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Persian Gulf |
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Founders
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Badr Jafar Amir Dossal |
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Executive Director
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Carla Koffel |
| Website | www |
The Pearl Initiative is a Gulf business–led organisation promoting a corporate culture of accountability and transparency as a driver of competitiveness and sustainable economic growth across the Persian Gulf region of the Middle East. The organisation was developed in cooperation with the United Nations Office for Partnerships and was launched in September 2010 at the United Nations Headquarters in New York. In 2013, the Pearl Initiative signed a strategic partnership with the United Nations Global Compact to collaborate on a number of programmes in countries across the Middle East and North Africa.
The Pearl Initiative aims to influence the regional business and student community positively towards implementing higher standards in corporate accountability, transparency, and governance within the Middle East. As a result, the organisation develops programmes and publishes regional research reports and case studies that helps encourage greater insight and appreciation of business cases, issues and associated trends. The Pearl Initiative also aims to bring together business, government and civil-society decision makers to discuss best business practices and maximize the economic opportunities available to companies within the region. To encourage Gulf-based university students to identify and embrace ethics as in their future careers, the Pearl Initiative has closely engaged with universities across the Persian Gulf region of the Middle East.
As a non-profit, private sector led initiative, the Pearl Initiative is supported by annual contributions from its partner companies that are based across the Persian Gulf region.
The official Pearl Initiative agenda includes:
Annually, dialogue forums and interactive roundtables are sponsored by the Pearl Initiative, to enable contact among global and regional corporate business leaders, local government bodies and wider initiatives. Meetings are held in major cities across the Persian Gulf region. In 2015, the Pearl Initiative and United Nations Global Compact held their inaugural Regional Forum in Dubai under the theme Corporate Accountability Matters.
The Pearl Initiative holds Case Study Competitions for university students to research, write and submit case studies of Corporate Good Practices in accountability and transparency that are implemented and working within the Region. The published reports contain information that can benefit the business community and can be used as teaching material by regional universities.
The first report in the Corporate Good Practices Series Accountability and Transparency was published in 2012. The report includes eight case studies written by MBA students from Judge Business School of the University of Cambridge in the UK and the American University of Sharjah. In 2013, Pearl Initiative – in collaboration with the King Khalid Foundation – launched a competition for Saudi university students and published a Report including the top case studies on best practices applied in Saudi companies.
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