About Corporate Accountability
Corporate accountability is the obligation of corporations to be accountable not only to their shareholders, but employees and the communities affected by their activities. The Corporate Accountability Fund (CAF) is the vehicle through which the CivFund contributes to strengthening civil society response and effectiveness in the pursuit of corporate accountability in Uganda. As a feminist fund, CivFund seeks to ensure that communities most affected by the negative impacts of corporate entities businesses and practices have a say in the issues that matter to them. The CAF aims at;
Stricter enforcement and reform of the existing corporate accountability policy frameworks,
Adoption and implementation of sound corporate accountability practices by business entities
And increased access to redress by sufferers of violations related to activities of business entities.
The ascent of corporate accountability in Uganda’s development discourse has been occasioned by several factors including, the discovery of oil and gas, fluid land acquisition processes, industrialization drive that has seen a rise in number of industries, large public infrastructure projects and private sector expansion marked by increase in corporate entities registered per year. Corporate entities especially big foreign corporations wield great individual and collective social economic power. Holding them accountable for violation of human, socioeconomic and cultural rights alongside a weak regulatory framework requires a strong civil society.
Our goal is to harness the power of civic actors working on corporate accountability in Uganda through organising, and enhancing leadership, capacities & knowledge.
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