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ASDA's Sustainability Impact and Policies/Initiatives

   

Added on  2023-06-04

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Business DevelopmentEnvironmental Science
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ASDA’s Sustainability
Impacts and
Policies/Initiatives
RUNNING HAED: ASDA’S Sustainability Impact and Politics/Initiatives 0
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Table of Content
1. Introduction........................................................................................................................2
1.1. About Asda..................................................................................................................2
1.2. Corporate Social Responsibility..................................................................................2
1.3. Sustainable Development............................................................................................2
2. Asda’s Sustainable Development.......................................................................................3
2.1. Asda’s Community Programs......................................................................................3
2.2. Asda’ Food Waste Initiative........................................................................................4
2.2.1. Love Food Hate Waste Initiative.........................................................................4
2.2.2. Reduction in-store food waste..............................................................................4
2.2.3. Asda Selling mis-shaped/wonky Vegetables and Fruits......................................5
2.2.4. Food Product Donations.......................................................................................5
2.3. Energy Conservation...................................................................................................5
2.4. Packaging....................................................................................................................7
2.5. Asda’s Transportation Initiative..................................................................................8
2.6. Water Conservation.....................................................................................................9
3. Asda’s Sustainability Programs vs. Sustainability of other retailers in the United
Kingdom...................................................................................................................................10
3.1. Initiative towards recycling of Plastic Bags and Packaging Material.......................10
3.2. Sale of Wonky Vegetables........................................................................................10
3.3. Adoption of Renewable Energy................................................................................10
4. Conclusion........................................................................................................................11
References................................................................................................................................12
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1. Introduction
1.1. About Asda
Asda Store's Limited is a British retailer having its headquarters in Leeds, West Yorkshire,
U.K. The company was incorporated in 1949 and currently is a third largest chain of
supermarkets in the United Kingdom after Tesco and Sainsbury's. According to its 2018
Annual Report, Asda has supermarkets in 642 locations (Asda, 2018).
Asda Store's Limited is currently a subsidiary of Walmart post a takeover in 1999 worth £ 6.7
billion takeovers, but unlike most of the other subsidiaries of the Walmart Group, the Asda
Store's Limited has much greater autonomy and has retained its British management post the
takeover (Asda.com, 2018).
1.2. Corporate Social Responsibility
Corporate Social Responsibility or CSR can be defined as the business model operation of
self-regulation wherein a business or a corporation works towards being socially accountable
towards its business, its vast array of stakeholders, the industry it is operating in and towards
the society as a whole. Corporate Social Responsibility involves the business operating in
such manner when it consciously analyses the impact of its operations concerning the
economic impact, social impact and environmental or ecological of the various aspects of its
operations (Schwartz, 2017).
1.3. Sustainable Development
Sustainable development can be defined as a business principle of ensuring meeting business
development and growth objectives for the present while ensuring that the future
requirements of the future generations are not hampered. Sustainable development involves
ensuring developments which preserving and protecting natural resources, ecosystems, etc.
on which the society and economy are dependent upon (Carley and Christie, 2017).
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2. Asda’s Sustainable Development
Asda Stores Limited is a firm believer of sustainable development and believes in growing its
business which sustaining the environment and reducing the environmental impact its
operations can have. Asda further believes that its sustainable development programs have
enabled it to reduce its operations cost, build closer relations with its customers, vendors, and
suppliers, and other stakeholders and the company intends to continue its sustainable
development initiatives in the future (Asda.com, 2018).
Asda has various sustainable development programs while working towards the communities,
working with its suppliers, food waste management program, energy efficiency initiatives,
carrier bags programs, Asda's initiatives for working towards climate change and climate
resilience, etc. (Asda.com, 2018).
2.1. Asda’s Community Programs
Asda believes that the communities where the company operates its stores are the cornerstone
of its growth and success and due to its various community programs of Asda, the company
has been awarded by the Retailer Industry Awards as the ‘Community Retailer of the year in
2013, 2014 and 2015' (Asda.com, 2018).
In 2011, Asda set up the Asda Community which aims towards contributing to the
communities it works with by offering better working life and employment prospects to the
young people they work with, contributing to the local communities, ensuring a healthier
living with improved health initiatives and its green initiatives for ensuring a cleaner and
safer environment. (Asda.com, 2018)
Asda also supports six charities through its stores. These charities include
Tickle Pink, which is a breast cancer initiative which supports breast cancer charities
like Breast Cancer Now and Breast Cancer Care. The Tickle Pink completed its 2-
decades since inception in 2016, and it has raised about £50 million with its
partnership with Asda (Parry, 2018).
Tommy’s, which is a research fund researching issues about pregnancy and birth.
Children in Need.
Everyman.
Fields in Trust – A charity which aims to protect open spaces for outdoor recreation
().
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