Sustainability Management: A Case Study of Tesco

MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
1. Literature review over sustainability.......................................................................................1
2. Introduction of the organization..............................................................................................2
3. (a) Sustainable initiative must adopt by Tesco........................................................................2
(b) Benefits to the firm................................................................................................................3
4. Future development.................................................................................................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
Sustainability management initially operates under the expectations that resources are
limited in nature. since, resources will not last forever, and attempts in order to meet present day
requirements in a manner to not compromise for future generation (Bonamano and et.al., 2017).
This report will illustrate the concept by choosing Tesco as a company through which initiatives
for adopting good practices, adapting strategy and potential benefits will be discussed. Apart
from this, the company sustainability initiative along with future look out will also been
discussed.
MAIN BODY
1. Literature review over sustainability
As per the views of Cruz-Sotelo and et.al., (2017) it has been identified that sustainability
initiatives by the corporate sector emphasizes over the growth and profitability aspects through
intentional business practices in the major areas of society. Their major goal is to provide long
term value to their stakeholders without even compromising with the people who are working
for them, the planet as well as the whole economy. it has been explained within their study that
there are few sustainable initiatives that has been adopted by the firms such as installation of low
flow faucets, reduction in landscaper water usage, installation of automatic light shut and so on.
According to the Gorovtsov and et.al., (2017), sustainability has been defined as meeting
of the present without compromising the abilities for future generation to meet future
requirements. the concept is based upon three major pillars such as environmental, economic
and social aspects. All these pillars are referred to as people, planet as well as profits.
In context of utilising sustainable strategies, the Chams and García-Blandón, (2019)
illustrates that having sustainable strategies allows the firm to make their long term beneficial
investments. when it comes towards the sustainability, do-nothing approach of the company
management provides and generate huge amount of losses for the future aspect of the business.
Now a days, many corporate leaders are greatly aware about the same concept and utilise their
actions towards the reuse and recycling of products in order to moving towards the circular
economy. According to this, the major and primary goal of a sustainable business strategy is to
prepare a positive and optimistic impacts over the firm at least in one of the significant area. It
creates losses when the firms fail to assume their responsibility then varied issues has been
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