This report discusses the global business environment related to corporate social responsibility and professionalism. It is divided into two parts. The first part discusses contemporary ethical issues in the business environment and analyzes the impact of applying codes of conduct from governing bodies. The second part considers a continuous development plan to recognize learning from part one. The report focuses on the issue of environmental degradation and how companies like Tesco are mitigating it through the adoption of effective environmental codes of conduct. It also discusses the support and guidance available from relevant professional bodies and the impact both the support and codes of conduct could have on the issue.