Qatar Chamber hosts ‘4th Private Sector Social Responsibility Conference’
The fourth edition of the ‘Private Sector Social Responsibility and Its Role in Sustainable Development’ conference kicked off in Doha Wednesday.The two-day event, hosted by Qatar Chamber at its Lusail headquarters, in collaboration with the Union of Arab Chambers, the League of Arab States, the Regional Network Consultancy, and the UN Industrial Development Organisation (UNIDO), gathered officials, experts, and representatives of regional and international organisations.The conference aims to highlight the growing role of the private sector, particularly family businesses, in promoting social responsibility and integrating sustainability principles into corporate strategies, in line with sustainable development goals.It also provides a platform for dialogue, exchange of expertise, and the presentation of best practices that contribute to enhancing the social, economic, and environmental impact of private sector institutions in the Arab region.In his remarks, Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani emphasised that private sector social responsibility has become a strategic pillar of good governance, enhancing competitiveness and building trust with society, stressing the pivotal role of the private sector as a key partner in achieving sustainable development.He also noted that the selection of this year’s conference theme, ‘Mechanisms for Integrating Sustainability and Social Responsibility Principles in Arab Family Businesses’, underscores the pivotal role of family businesses in Arab economies and their vital contribution to achieving a balance between economic growth, social responsibility, and long-term sustainability.Sheikh Khalifa highlighted the vital role of Arab family businesses in balancing economic growth with social responsibility and long-term sustainability, affirming the importance of adopting sound governance practices, strategic planning, transparency, innovation, and investing in young leadership to ensure business continuity across generations.His Excellency the Minister of State Dr Hamad bin Abdulaziz al-Kawari, who is also chairman of the Qatar National Library and International Ambassador for Social Responsibility, emphasised that integrating sustainability and social responsibility into Arab family businesses is essential for achieving comprehensive social development and building more cohesive and sustainable economies.He commended Qatar Chamber’s strategic role in stimulating the national economy and driving growth in Qatar, thanks to its efforts in linking business sectors and promoting the Qatari private sector’s presence on the international stage.He noted that social responsibility has evolved from seasonal initiatives into a core component of corporate governance, underscoring that the long-term sustainability of family businesses relies on sound governance, transparency, alignment with sustainable development goals, investment in human capital, and support for innovation.Dr Khaled Hanafy, the secretary general of the Union of Arab Chambers, said the conference serves as a model of commitment to social responsibility through its keenness to embrace initiatives that support this vital area. He said family businesses constitute a large proportion of the private sector, which represents nearly 75% of the Arab economy.Tarek el-Nabulsi, Minister Plenipotentiary and director of the Development and Social Policies Department at the Technical Secretariat of the Council of Arab Ministers of Social Affairs, stressed the vital role of the private sector in adopting social responsibility as a key partner in the development process, emphasising the League of Arab States’ support for the conference’s recommendations, which will be submitted to the Council of Arab Ministers of Social Affairs.Dr Hashim Sulaiman Hussein, head of Bahrain’s Investment and Technology Promotion Office at UNIDO, said family businesses are a key pillar in the economies of Arab countries, providing job opportunities and contributing to increasing the GDP.Professor Yousef Abdul Ghaffar, chairman of the Regional Network for CSR, said the Arab private sector, especially family businesses, constitutes a fundamental pillar in supporting Arab economies, enhancing social stability, and achieving sustainable development.Qatar Chamber acting general manager Ali Bu Sharbak al-Mansouri stressed that hosting the event stems from the chamber’s firm belief in the importance of social responsibility and the pivotal role played by Arab family businesses in supporting national economies and community institutions, as well as in achieving sustainable development.