Corporate Social Responsibility - A Report on Tesco's CSR Initiatives

This report provides an overview of Corporate Social Responsibility (CSR) and its impact on businesses, with a focus on Tesco's CSR initiatives. It covers the different categories of CSR activities undertaken by Tesco, including their philanthropic, ethical, and legal responsibilities, and the benefits of CSR, such as increased employee engagement and support for communities. The report concludes that embracing CSR can lead to better effectiveness and efficiency in organizations, and that it is essential for companies to stay connected with the new generation.

CORPORATE SOCIAL
RESPONSIBILITY

INTRODUCTION
• Corporate social responsibility is a management concept which identify the company social and
environmental responsibilities.
• CSR deals with a business activity and operations and connection with the stakeholder of organization.
• This report includes the information about Tesco Corporate social responsibility.
• In this report mainly introduced to minimize environmental externalities, promoting employee of the
organization and charities by the organization for the well-being of the people and nature.

Corporate social responsibilities
• Corporate social responsibility describes the company effort to
operate their activity for society and environment in respect to
enhance their business.
• CSR also indicates towards the profitability of company and help
the society.
• It creates a morale in a workplace.
• CSR programme in organization help the non-profit activity and
performance which help the community and society.

Impact of CSR
• CSR major impact on company employees and their
practices.
• Pyramid model establish by Carroll's of CSR determine
the definition and meaning of CSR.
• This model provides value, assumption, and decision of
organization

CONT.<…
• philanthropic responsibility of Tesco:
• Philanthropic responsibility of Tesco determines the contri9bution of the organization
towards the communities and enhance in their quality of life by donating or giving charity.
• Tesco provide at least 1% of its pre-tax profit in charity.
• Tesco also provide employment and train their employee to focused on the betterment of
themselves and the company as well.
• Company also enhances their store infrastructure by planting trees and shrubs and that thing
attract the consumer most and helpful for the environment also.
• company also promote education and promote healthy food among their customers at the
affordable price that any type of people can afford.

CONT.<…
ethical responsibility of Tesco:
• ethical responsibility of the Tesco indicates the
behaviour of the organization which they expect
from the society and community.
• majorly the ethical responsibility of the
organization indicating environmental friendly.

CONT.<…
legal responsibility of Tesco:
• legal responsibility of Tesco determine the law and rules of the organization related to business
or society.
• every type of business even though Tesco has a limit or boundary to work within its boundaries.
• setting rules and regulation within an organization help them to create a balance in the society
and work culture of the organization.
• Tesco is fully committed towards the anti- money laundering laws across the globe.

Benefits of CSR
• CSR increases employee engagement:
• CSR has a strong sense in employee contribution to
enhance the productivity and employee engagement in the
organization.
• employee engagement is just not only determining the KPI
of an organization and this measure CSR effectiveness.
• engagement of employee is increased by the help of CSR
in Tesco.

CONT.<…
• CSR support communities:
• CSR support communities which help them in order to overlook on the first place.
• CSR also provide a platform for a society like, Tesco by which they are able to get benefits.
• In Tesco people are working towards a broader vision and among the talent minded people who
bring organization and the people or community together to broader their vision.
• Tesco help community by tackle their mental health and support the un curable disease and
provide funds in the researches.
• Tesco help people through their local food bank which the privileged people also helped the
poor one by donating food in Tesco food bank.

CONT.<…
• CSR contribute towards the sustainable development goals:
• Tesco focused towards the facilitate the food surplus donation and approx. 65% of electricity from
renewable sources by the 2030.
• ensure international human rights and help halve global food waste as well.
• Tesco also reduce carbon emission from their operation activity,
• company also produce and supporting sustainable fisheries and protection of marine environment.
• Tesco work with the Marine stewardship council to enhance their certified sustainable counter.

TESCO INITIATION TOWARDS CSR
• Tesco take many measures and initiation in CSR
Categories of activity by Tesco Performance of Tesco
1 Support community where company establish Tesco donate and support the local community where the
company is situated because company has worldwide
approach, and they have to manage the activity according to
the local community. Company donated approx. GBP 55
million.
2 Empower personnel Majority of the employee in Tesco recommend others to work
in Tesco because it is good place to work and empower
themselves. Majority of the leader, director and other person
in company made their career progress.

3. Human rights Tesco also work on a human rights as they
know how to respect their customers. They
aim towards creating jobs and help people
directly indirectly. Tesco encourage the
bilateral negotiations to resolve any
conflict among within the organization.
4. Safety measures of personnel Company make many precautions of their
consumer and employee for the betterment
of the organization and their consumers as
well. For example, recent pandemic
company take safety measure like they
changed their opening hours of store and
move towards the online shopping for the
safety of their employee and consumer as
well.

CONCLUSION
• report conclude the information about Corporate social responsibility in organization.
• CSR contribute towards the continuing commitment towards the ethical and contribute towards
the economic development of the organization.
• CSR is not only for business purpose this indicates the wellbeing of the community and society.
• If organization want to stay connected with the new generation they should have to implement a better
way and embracing the CSR in their company.
• better effectiveness and efficiency in the organization with the help of CSR will give benefit to the
organization.

REFERENCES
Books and Journals
• Crane, A. and Matten, D., 2020. COVID‐19 and the future of CSR research. Journal of Management Studies.
• Bian, J., Liao, Y., Wang, Y.Y. and Tao, F., 2021. Analysis of firm CSR strategies. European journal of operational
research. 290(3). pp.914-926.
• Barnett, M.L., Henriques, I. and Husted, B.W., 2020. Beyond good intentions: Designing CSR initiatives for greater
social impact. Journal of Management. 46(6). pp.937-964.
• Lee, C.K., Kim, J.S. and Kim, J.S., 2018. Impact of a gaming company's CSR on residents' perceived benefits,
quality of life, and support. Tourism Management 64. pp.281-290.
• Isaksson, L. and Mitra, N., 2019. To legislate or not: That is the question—Comparing CSR intent and effects in
economies with voluntary CSR and legislated CSR. In International Dimensions of Sustainable Management (pp.
35-51). Springer. Cham.