A Preliminary Analysis of the Impact of UN MDGs and RIO?+?20 on Corporate Social Accountability Practices

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Abstract

Abstract 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.
Original languageEnglish
Title of host publicationSustainability After Rio
EditorsDavid Crowther , Muhammad Azizul Islam
PublisherEmerald Group Publishing Limited
Pages81-102
Number of pages22
ISBN (Electronic)978-1-78560-444-7
ISBN (Print)978-1-78560-445-4
DOIs
Publication statusPublished - 14 Dec 2015

Publication series

NameSustainability After Rio
Volume8
ISSN (Electronic)2043-0523

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