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Tesco Corporate Social Responsibility
Transcript of Tesco Corporate Social Responsibility
Responsibility at Tesco What is Corporate
Social Responsibility? CSR Awards "to assess and take responsibility for the company's effects on the environment and impact on social welfare" Tesco in the local community Several policies on ethical trading and sourcing responsibly... Tesco and their suppliers Creating Jobs and building Careers •'Green Retailer of the Year' at the 2012 Grocer Gold Awards.
•In 2012, named one of the top ten green companies by the Carbon Disclosure Project in the UK.
•Best Charity Partnership in the Retail and Leisure Industry at the Business Charity Awards for work with Alzheimer’s Society. "Everything we do is rooted in two key values:
-No-one tries harder for customers
-Treat people how we like to be treated" Tesco and the environment CLIMATE CHANGE
•To become a zero-carbon business by 2050
•Any new stores built between 2007 and 2020 emit half the CO2 of a 2006 new store
•Reduce the carbon emissions of the products in their supply chain by 30% by 2020
•To look for ways to help their customers reduce their carbon footprints by 50% by 2020 http://www.investopedia.com/terms/c/corp-social-responsibility.asp#ixzz2KbZICkDw Quick Question How much money did Tesco donate to charities and good causes last year? 74% 'I am treated with respect' Bangladesh Bangladesh Apparel Skills
improve working conditions and wages
Outcome: higher productivity and improve product quality Local Suppliers £1bn locally sourced products UK 2012
initiatives to source new products Positives local development projects:
+mixed-use facilities in Fort William and Lambeth(housings, hospitals, schools...)
+ in 2012, £74.5 million donation
+ £10 million of staff and customer
fund-raising Negatives -Concerns about:
+Economic TESCO’S SUPPLY CHAIN
•Fuller cages and pallets
•Fuller trucks and containers
•Tesco Knowledge Hub- over 800 users
•Green Clubcard points- give out over one billion in the UK REDUCING FOOD WASTE
•Store ordering systems help reduce food waste
•Only UK retailers not to send waste directly to landfills Bibliography http://www.tescoplc.com/index.asp?pageid=1&mediaid=296
http://www.tescoplc.com/files/pdf/reports/tesco_cr_review_2012.pdf Create 20,000 jobs in UK in next two years
offer 10,000 internships for students
Provide steady income and real security for employees and their family Regeneration partnership offers 358 jobs for the unemployed people Just under a quarter of Tesco employees are under 25 years old Horsemeat Scandal -29% horsemeat in beef burgers
-withdrawn all products from that supplier
Introduced DNA testing in all meat products Conclusions Despite issues with the Corporate Social Responsibility such as issues over suppliers,
we conclude that Tesco is committed to being socially responsible.