Tesoro report
Name: Tahera Abbas
ID No: 8275
Course Name: BUS303 – BUSINESS ETHICS
Level: JR Class: C12
Date of Submission: 23/3/2014 Shift: Morning
ASSIGNMENT – CORPORATE SOCIAL RESPONSIBILTY REPORT ON TESORO
Introduction - Tesoro Corporation (NYSE: TSO), a Fortune 150 company headquartered in
San Antonio, Texas, is an independent refiner and marketer of petroleum products. In 2012, their refinery operations included seven refineries in the western United States with a combined capacity of approximately 675,000 barrels per day, which refine crude oil and other feedstock into transportation fuels, such as gasoline, diesel, jet fuel and other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke and asphalt.
1. Describe the corporate social activities of a company.
a. Kind of activities?
A- The corporate social activities of Tesoro are mainly focused to the following groups:
People – Employment
Their success is directly tied to their ability to attract, hire, develop, promote and retain a talented and diverse workforce. They achieve these objectives by:
Hiring the best people with diverse experiences and perspectives that enhance our ability to grow,
Treating employees fairly and equitably by providing equal access to opportunities
Rewarding employees in ways that recognize their individual accomplishments and their contributions to business result.
Providing employees with meaningful opportunities to grow and develop their skills,
Supporting employees with programs to enhance their health and well-being, and
Encouraging employees to actively serve in the community and contribute to the community’s health and vitality.
Compensation and Rewards
Tesoro is committed to providing competitive compensation and rewards to attract, retain, reward and motivate employees. They are a pay for
ID No: 8275
Course Name: BUS303 – BUSINESS ETHICS
Level: JR Class: C12
Date of Submission: 23/3/2014 Shift: Morning
ASSIGNMENT – CORPORATE SOCIAL RESPONSIBILTY REPORT ON TESORO
Introduction - Tesoro Corporation (NYSE: TSO), a Fortune 150 company headquartered in
San Antonio, Texas, is an independent refiner and marketer of petroleum products. In 2012, their refinery operations included seven refineries in the western United States with a combined capacity of approximately 675,000 barrels per day, which refine crude oil and other feedstock into transportation fuels, such as gasoline, diesel, jet fuel and other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke and asphalt.
1. Describe the corporate social activities of a company.
a. Kind of activities?
A- The corporate social activities of Tesoro are mainly focused to the following groups:
People – Employment
Their success is directly tied to their ability to attract, hire, develop, promote and retain a talented and diverse workforce. They achieve these objectives by:
Hiring the best people with diverse experiences and perspectives that enhance our ability to grow,
Treating employees fairly and equitably by providing equal access to opportunities
Rewarding employees in ways that recognize their individual accomplishments and their contributions to business result.
Providing employees with meaningful opportunities to grow and develop their skills,
Supporting employees with programs to enhance their health and well-being, and
Encouraging employees to actively serve in the community and contribute to the community’s health and vitality.
Compensation and Rewards
Tesoro is committed to providing competitive compensation and rewards to attract, retain, reward and motivate employees. They are a pay for
References: http://tsocorp.com/wp-content/uploads/2013/11/Social-Responsibility-Report-2012.pdf http://www.nasdaq.com/article/tesoro-corporation-tso-new-analyst-report-from-zacks-equity-research-zacks-equity-research-report-cm322624 http://en.wikipedia.org/wiki/Tesoro http://tsocorp.com/refining/anacortes-wash/ http://www.linkedin.com/jobs2/view/9321700 http://www.sciencedirect.com/science/article/pii/S0969593114000274 http://www.emeraldinsight.com/books.htm?chapterid=17078387 http://www.nottingham.ac.uk/business/ICCSR/assets/muihqmluwosf.pdf http://phx.corporate-ir.net/phoenix.zhtml?c=79122&p=irol-newsArticle&ID=1897820&highlight=