Csr Report on Tesco Plc
Table of Contents
Corporate Social Responsibility (CSR) 2
Definition of CSR 2
Development of CSR 2
Approaches to CSR 2
Business Benefits of CSR 3
Critical Analysis of CSR 3
Factors influencing CSR 4
The Business Case for CSR 6
TESCO PLC 8
Tesco and Corporate Social Responsibility 8
Environment 8
Community 9
Suppliers 9
People / Employees 10
Government / Regulators 10
How Tesco manages their Corporate Responsibility (CR) 10
Conclusion 10
Bibliography 13
Corporate Social Responsibility (CSR)
Definition of CSR
Corporate Social Responsibility (CSR, also called corporate responsibility, corporate citizenship and responsible business) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment. Furthermore, another definition is that CSR is a voluntary approach that business enterprise takes to meet or exceed stakeholder expectations by integrating social, ethical, and environmental concerns together with the usual measures of revenue, profit, and legal obligation.
In the candidate’s opinion CSR is seen as an obligation to comply with legislation and sees organizations voluntarily taking further steps to improve the quality of life for employees as well as for the local community and society at large.
Development of CSR
In the increasingly aware marketplaces of the 21st century, the demand for more ethical business process and actions is expanding. On the contrast, however, pressure is applied on industries to improve business ethics through new public initiatives and laws (e.g. higher UK road tax for higher-emission vehicles).
In recent decades, interest in business ethics rose dramatically during the 1980s and 1990s, both within major corporations and within academia. For example, today most corporate websites lay emphasis on commitment to promoting non-economic
Corporate Social Responsibility (CSR) 2
Definition of CSR 2
Development of CSR 2
Approaches to CSR 2
Business Benefits of CSR 3
Critical Analysis of CSR 3
Factors influencing CSR 4
The Business Case for CSR 6
TESCO PLC 8
Tesco and Corporate Social Responsibility 8
Environment 8
Community 9
Suppliers 9
People / Employees 10
Government / Regulators 10
How Tesco manages their Corporate Responsibility (CR) 10
Conclusion 10
Bibliography 13
Corporate Social Responsibility (CSR)
Definition of CSR
Corporate Social Responsibility (CSR, also called corporate responsibility, corporate citizenship and responsible business) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment. Furthermore, another definition is that CSR is a voluntary approach that business enterprise takes to meet or exceed stakeholder expectations by integrating social, ethical, and environmental concerns together with the usual measures of revenue, profit, and legal obligation.
In the candidate’s opinion CSR is seen as an obligation to comply with legislation and sees organizations voluntarily taking further steps to improve the quality of life for employees as well as for the local community and society at large.
Development of CSR
In the increasingly aware marketplaces of the 21st century, the demand for more ethical business process and actions is expanding. On the contrast, however, pressure is applied on industries to improve business ethics through new public initiatives and laws (e.g. higher UK road tax for higher-emission vehicles).
In recent decades, interest in business ethics rose dramatically during the 1980s and 1990s, both within major corporations and within academia. For example, today most corporate websites lay emphasis on commitment to promoting non-economic
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