WHAT IS B4ROL ABOUT?
The respect and protection of the principle of the Rule of law provides stability and equality to governments and societies. And, what is most important, it brings economic growth.
Academic research has shown that the stronger that a country commits to the respect of law, the more it increases its growth and socio-economic wellbeing. Therefore, the level of expansion and respect of the principle of the Rule of law is a key indicator of the socio-economic development of a country.
The project B4ROL consists on raising awareness in multinationals firms of the need to support, by their commercial relationships with local partners or by their business activities, the development and respect of the Rule of law in the countries in which they operate.
Such commitment translates into a series of concrete performances- both within the business as in their international activities- that, as part of their activities of corporate social responsibility, promote the Rule of law.
THE PROJECT B4ROL AS AN INITIATIVE OF LEXISNEXIS
According to these objectives, LexisNexis prepared a draft of “The Global Rule of law Business principles” to support and align professionals on higher standards regarding the Rule of law.
These principles have been developed from the work of legal professionals, C-level executives of cross-sector businesses, policy makers, academics, NGOs, and other stakeholders.
Nowadays, the UN Global Compact is creating a working framework for the development of the project B4ROL, which pursues the following objectives:
- To provide businesses with a practical and useful guide for actions they can take toward advancing the rule of law.
- To raise awareness of the impact that businesses can have in helping to promote the rule of law.
- To support and encourage governments to prioritize the rule of law for economic growth and social good.
The project is targeted to legal professionals, C-level executives of cross-sector businesses, policy makers, academics, NGOs, and other stakeholders.
The activities in which we are working at the moment are the following:
- Providing products and services that enable customers to excel in the practice and business of law and help justice systems, governments and businesses to function more effectively, efficiently and transparently.
- Documenting local, national and international laws and making them accessible in print and online to individuals and professionals in the public and private sectors.
- Partnering with governments and non-profit organizations to help make justice systems more efficient and transparent.
- Supporting corporate citizenship initiatives that strengthen civil society and the rule of law across the globe.
THE PARTICIPATION OF THE FERNANDO POMBO FOUNDATION
LexisNexis, together with the Atlantic Council, presented the first edition of the Global Rule of Law Business Principles to the United Nations Secretary-General on September 19, 2013 in New York City. The United Nations Global Compact undertook to join the project using the work of LexisNexis and the Atlantic Council as an important foundation for this process to develop a truly global approach for how the business community can support the Rule of law.
HOW DOES THE FERNANDO POMBO FOUNDATION CONTRIBUTE TO B4ROL?
The Fernando Pombo Foundation is also committed with the B4ROL Project and assumes their recommendations and principles within its Social Responsibility of the Legal Profession activities and their commitment to fight against poverty.
This project is linked to the work of the foundation about the lawyer’s role in the implementation of the Guiding Principles on business and human rights, as in both cases the Foundation addresses the involvement of corporate lawyers’ world in the new instruments for the governance of globalization.
The Fernando Pombo Foundation is currently the Spanish partner of LexisNexis in the B4ROL project.
The Fernando Pombo Foundation work consists on disseminating the project in Spain and Latin America among businesses that are already part of the UN Global Compact and among those that wish to enhance their CSR capacity by taking on these recommendations. The Fernando Pombo Foundation also collaborates with the study and elaboration of the recommendations, the guides to good practices and the training material needed to advertise and introduce the principles in businesses, as well as to promote institutional relationships of businesses with the Spanish authorities (Ministry of Justice, Spanish Bar Association, Madrid Bar Association, Instituto de Consejeros, etc.).
Work meeting with companies of the Spanish Network for the United Nations Global Compact – READ THE CONSULTATION WORKSHOP REPORT.