Sound corporate governance at every level of Crescent Enterprises operations is crucial to our long-term success. It is with this understanding that we strive to uphold the highest standards of professionalism, transparency and integrity at every level of our operations. On a wider level, and part of our commitment to the economic well-being of the communities we serve, we have been strong advocates for greater transparency, accountability and best business practices in the Gulf Region.

Pearl Initiative

Crescent Enterprises is a founding and lead partner of the Pearl Initiative, the foremost, independent, by business for business organisation in the Gulf region striving for accountability, transparency, and best business practices and developed in partnership with the United Nations Office of Partnerships. The company works alongside the Pearl Initiative’s management team and engages with other of the Pearl Initiative’s partner companies through the initiative’s Integration Board and with the wider community through research programmes and activities. We therefore play a vital role in engaging with and encouraging the private sector and stakeholders to adopt and spread the principles of the Pearl Initiative throughout the region.

United Nations Global Compact

Crescent Enterprises is a member of the United Nations Global Compact, a strategic policy initiative for businesses committed to aligning their operations and strategies with 10 universally accepted principles in the areas of human rights, labour, environment, and anti-corruption. We are dedicated to working towards the United Nations Global Compact’s vision of a sustainable and inclusive global economy in an aim to positively impact society by improving our company’s performance.

UN Women's Empowerment Principles

Crescent Enterprises is a signatory to the United Nations’ Women’s Empowerment Principles: Equality Means Business. We join a membership of over 1,000 global corporate participants in working towards implementing seven women’s empowerment principles to further women in the workplace, the marketplace, and the community. We also advocate for women’s empowerment through various of our own internal and external programmes.

World Economic Forum

Global Future Councils

Crescent Enterprises is a member in two of the World Economic Forum’s Global Future Councils that bring together some 700 thought leaders in business, government, academia, and civil society to develop ideas and strategies to prepare the world for the Fourth Industrial Revolution. Crescent Enterprises’ CEO, Badr Jafar, is a member of the think tank The Future of the Humanitarian System Council, whereas Crescent Enterprises’ Vice President – Corporate Development and Investments Tushar Singhvi is a member of The Future of Economic Growth and Social Inclusion Council.

Partnering Against Corruption Initiative

Crescent Enterprises is a member of the World Economic Forum’s Partnering Against Corruption Initiative. This is one of the strongest cross-industry collaborative efforts addressing corruption, transparency, and emerging market risks. The initiative aims for a global anti-corruption agenda.

MENA Regional Business Council

Crescent Enterprises is involved as a member of the World Economic Forum’s MENA Regional Business Council in the Actionable Policy Reforms Initiative aimed at increasing competitiveness and improving the business climate in the MENA region. Under this initiative, Crescent Enterprises worked with the Pearl Initiative in leading efforts to develop a key pillar for a white paper issued by the MENA Regional Business Council. The result of that work was the report Corporate Governance for Competitiveness in the Middle East and North Africa. An updated report was presented in January 2017.

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