Pearl Initiative on Thursday announced that it had secured KPMG as its partner.
KPMG in the MESA region, the Middle East and South Asia regional office of KPMG, is a leading advocate of Integrated Reporting and all areas of corporate governance, and so is a natural Founding Partner of the Pearl Initiative – the not-for-profit private-sector led initiative, developed in cooperation with the United Nations Office for Partnerships that is building regional network of business leaders and policy makers committed to driving forward corporate standards in transparency and accountability.
With a global presence in over 150 countries KPMG is one of the world’s leading providers of audit, tax and advisory services, and is one of the prestigious ‘Big Four’ professional services firms. KPMG has an extensive presence across 15 countries in the MESA region, with a wide diversity of clients: from oil and gas companies, to financial services companies and from the real estate sector to Sovereign Wealth Funds.
KPMG International is a proud signatory and a Lead Participant to the United Nations Global Compact,a principles-based initiative that aims to influence the creation of a more sustainable and inclusive global economy.
Jamal Fakhro, the Chairman of KPMG in the MESA region, joined Pearl Initiative as a board member.
“Being a Founding Partner of the Pearl Initiative, KPMG in the MESA region is able to promote the Pearl Initiative’s principles of transparency and accountability with our people, clients and communities. This is also in alignment with our international commitment with the UN Global Compact and is at the heart of how we evolve as a responsible business. Our extensive experience and knowledge as a professional services firm helps in supporting the Pearl Initiative in the GCC and beyond in a variety of professional ways,” Fakhro said.
“We look forward to being part of this important organisation as it grows from strength to strength, and being an inspiring champion of the principles and values it stands for.”
Pearl Initiative (www.pearlinitiative.org) is a private sector-led not-for-profit organisation set up to improve transparency, accountability and business practices in the Arab world. It is a growing regional membership network of business leaders committed to driving joint action and sharing knowledge and experience. The Pearl Initiative aims to create a culture of greater transparency and accountability within the Arabian Gulf region in order to positively impact the business environment and foster competitive economic growth and sustainable social development. Private sector collaborative action programs are ongoing in areas such as anti-corruption, integrated reporting, and governance in privately-held and public firms in the GCC.