Most experts in our field will agree that if we really want to transform the world into a sustainable one, we must be ambitious, build on strengths, embed ESG into the DNA of the organization, and think systemically – placing ‘effectiveness’ before ‘efficiency’. We believe that the Islamic Reporting Initiative is an excellent example of an initiative which captures and capitalizes on all the above.
The Islamic Reporting Initiative (IRI) was founded by EMG in 2015, with support from partners from all over the world. To find out more about how it started, click here.
Images: IRI Advisory Council Members Nazira Abdula (left), Mozambique Minister of Health; Hakima el Haité (right), Morocco Minister of Environment and High Level Climate Champion of the UNICC COP22; and IRI Chairman Mohamed Amersi (center, right) with President Marie-Louise Coleiro Preca of Malta and Marcelo Sánchez Sorondo, Chancellor of the Pontifical Academy of Sciences and the Pontifical Academy of Social Sciences during an interfaith conference in which the Islamic Reporting Initiative took part.
About the Islamic Reporting Initiative
The IRI is an independent nonprofit organization leading the creation of the IRI Standard: a reporting standard for ESG based on Islamic values and principles. Its objective is to enable organizations (across all sectors) to inclusively assess, report, verify and certify their ESG and philanthropic programs in support of the United Nations Sustainable Development Goals and OIC’s Plan of Action.
By making ESG culturally relevant, the IRI aspires to effectively accelerate the uptake of ESG, and systemically advance the implementation of the Global Goals through nearly a quarter of the world’s population with custodianship for vast reserves of natural resources, e.g. minerals in North Africa, oil reserves in the Middle East, and tropical rainforests in Southeast Asia. Whilst creating an important platform for equal dialogue, we also believe the added transparency will help expedite foreign direct investment into many developing nations.
A registered charity in the Netherlands, the Islamic Reporting Initiative is a participant of the UN Global Compact and an Observer to the UNEP governing body. It held its first roundtable discussion at the COP22 in Marrakesh, and now has members in more than 50 countries. The IRI has won awards ‘for its contribution to sustainable development in the Islamic world’.
Introduction to the Islamic Reporting Initiative by EMG Founder Daan Elffers
For more information, or to become a partner, please visit islamicreporting.org.