A preliminary analysis of the impact of UN MDGs and RIO+20 on corporate social accountability practices

Jain, Ameeta & Islam, Muhammad Azizul (2015) A preliminary analysis of the impact of UN MDGs and RIO+20 on corporate social accountability practices. In Crowther, David & Islam, Muhammad Azizul (Eds.) Sustainability after Rio. Emerald Group Publishing Inc, London, pp. 81-102.

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This chapter explores the impact of UN Millennium Development Goals (MDGs) and Rio + 20 in improving Corporate Social Responsibility (CSR) practices. While MDGs and Rio + 20 have suggested additive guidelines for improving CSR practices, they do not provide a strong legislative mandate. We find both MDGs and Rio + 20 have had limited cumulative effect on CSR practices and discourses within the corporate reports. UN bodies should bring a new policy and regulatory framework that addresses limitations in the principles espoused in the MDGs and Rio + 20. An independent monitoring system (a social compliance audit mechanism) can be mandated in an attempt to make incremental substantive change.

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ID Code: 94483
Item Type: Book Chapter
Additional URLs:
Keywords: UN, MDG, Accountability, Corporations, Accountability, CSR, RIO +20, Disclosure, Regulation
DOI: 10.1108/S2043-052320150000008004
ISBN: 9781785604454
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Accountancy
Deposited On: 06 Apr 2016 01:59
Last Modified: 07 Apr 2016 03:05

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