The Islamic Reporting Initiative (IRI) is part of a growing international alliance of thought leaders who believe that the interconnectedness of global business provides a real opportunity to address social and environmental challenges by focusing on shared values.
Bound together by an unshakable trust in moral and socio-economic values, the Member States of the Organisation of Islamic Cooperation (OIC) share a set of cultural principles and beliefs which are in harmony with the notion of sustainability and corporate social responsibility.
The vision of the IRI is a sustainable global economy that contributes actively to society and the environment integrating the values of peace, compassion, tolerance, justice, environmental stewardship and human dignity into corporate culture.
The mission of the IRI is to enable organizations throughout the world to examine the values that guide their activities and express with clarity and simplicity their contribution to sustainability in society and the environment.
Commended by the OIC, the UN Global Compact Foundation, former World Bank executives, and members in more than 50 countries, the IRI sees the values of peace, compassion, tolerance, justice, environmental stewardship and human dignity as a firm foundation for implementing corporate sustainability and social responsibility on a universal scale.
The IRI aims to provide a range of internationally-recognized business tools, guidelines and standards to accelerate the mainstream implementation of the shared post-2015 goals as outlined in both the OIC-2025 plan of action and the UN Sustainable Development Goals 2030.
The IRI is an independent, not-for-profit organization. It is a global initiative governed by the IRI Reporting Standard Foundation, an EU Public Benefit Organization based in the Netherlands.
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“The IRI leverages the potential of Islamic principles and values as a relevant reference point for employees, when implementing CSR. Islamic principles and values are already well-integrated into corporate culture and are highly compatible with the objectives of CSR. As such, the IRI makes the task of introducing the new concept of CSR significantly more practical.”
Heba Faqih, Board Member of the Jeddah Chamber of Commerce & Industry CSR Committee
Founded in 2015, the IRI aims to provide practical guidance for businesses to work towards shared ambitions outlined in the United Nations Sustainable Development Goals, and achieve international standards of best practice by building on their unique cultural strengths.
In its first year, the IRI has established a membership base in more than 50 countries, and was commended by leading international organizations including the UN Global Compact Foundation and the Organisation of Islamic Cooperation (OIC). The OIC – ‘the collective voice of the Muslim world’ – is the second-largest inter-governmental organization after the United Nations, with membership of 57 states over four continents.
“The OIC is dedicated to preserving and promoting Islamic values of peace, equality, human dignity, and environmental prosperity. The IRI, in its journey towards making business responsible through the application of CSR and CSR reporting, has many values aligned with our own.
The OIC commends the IRI in its efforts in promoting economic, social and environmental prosperity in a manner that is not only impact-oriented and sustainable, but culturally relevant and responsive.”
Organisation of Islamic Cooperation (OIC)
Read more: Membership overview
Partners and supporters of the IRI play an essential role in helping the IRI achieve its full potential, and as such, the IRI encourages individuals and organizations across all sectors to contribute towards its development.