The prominent Jordanian businessman and social impact investor Dr Yacoub Nasereddin has been appointed Advisory Council Member of the Islamic Reporting Initiative (IRI).
Dr Nasereddin is Chairman of the Board of Directors of the YAN Group conglomerate. He is also Board of Trustees Chairman of the Middle East University, and CEO of the Arab Council of Universities Governance, established by the Association of Arab Universities (AAU).
“I look forward to making a valuable contribution to the Islamic Reporting Initiative. I realize the absolute need for linking global standards for Corporate Social Responsibility (CSR) with local culture, and the IRI has the potential to achieve this on a major scale. In addition, the IRI will advance much-needed international dialogue and communication between cultures.”
Commended by the Organisation of Islamic Cooperation (OIC), the not-for-profit Islamic Reporting Initiative is leading the creation of a reporting framework for CSR based on Islamic principles and values. The Middle East University in Amman was one of the first universities to endorse the initiative.
OIC: “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.”
Drs Daan Elffers, Founder of the IRI, said: “We are honoured to have Dr Yacoub Nasereddin join the IRI Advisory Council. As a highly successful businessman, governance expert, and dedicated investor in education, Dr Nasereddin brings us a wealth of theoretical knowledge and practical understanding that will significantly accelerate the development of the IRI.”
Dr Nasereddin joins H.E. Dr Taher Shakhshir, Jordan’s Minister for the Environment, who was appointed to the Advisory Council in 2015.
The IRI encourages governments, businesses and philanthropists from all over the world to support the IRI in its mission to advance social, economic and environmental prosperity through responsible business.