Ten leading international companies have pledged their support for the Bingham Centre's new Business Network which is chaired by Graham Vinter, formerly of BG Group. These organisations are supporting the Centre's global initiatives on rule of law whilst identifying and addressing specific challenges in the countries where they operate.
The founding members of the Business Network include:
- BT Group
- Rio Tinto
- Shell International
In a recent survey, conducted by the Economist Intelligence Unit for the Centre, the majority of executives had, in the past five years, experienced several failures of the rule of law in countries where they had invested.
The Business Network acts as a bridge between the Bingham Centre and the business community. An important aspect of this role is to assist the Centre in identifying rule of law issues which have particular relevance to the business community. Another is to help spread awareness of the Centre and its work among business leaders.
Lord Thomas of Cwmgiedd, The Lord Chief Justice, welcomes this initiative and has said:
"The rule of law provides the foundation for peace, political stability, human dignity and economic sustainability. The business community needs the firm and consistent application of the rule of law, thus contributing to economic development. Business can also play a key part in helping to build and sustain the rule of law in those countries where it has a presence, helping to make the world a safer and more equitable place."
Joining the Business Network
The Centre encourages other companies who may be interested in joining the Business Network to get in touch. All members make an initial pledge of £10,000 per annum over three years. It is also expected that the members will provide funding for relevant projects.
For more information please contact:
Sarah Taylor, Development Director
+44 (0) 20 7862 5433
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