Corporate Social Responsibility of Tesco: A Study

Corporate Social
Responsibility

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................3
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
The responsibility of an organisation for impacting its decision by its clear and appropriate
behaviour on the people of society, beyond the legal obligations is known as Corporate Social
Responsibility (CSR). It basically focuses about the sustainability of an organisation by
delivering economic, social and environmental benefits. It has a broad business concept which
shows the commitment of a company in executing their business in a ethical way. It is
responsibility of an organisation, institution or company for functioning in a cordial and
justifiable manner(Adnan, Hay and van Staden 2018). The object of it to minimize the facades of
environment in order to promote volunteer ism between the employees of company and to
influence the social responsibility in the form of charity. This report will cover the Corporate
social responsibility of Tesco company signifying its conduct in maintaining and handling the
responsibility in a convenient and efficient manner for the convenience of its people.
TASK
The commitment of a company in carrying out the activities of business in a reliable and
efficient way prescribes the responsibility of a company. The management of processing of
business while considering the social, economic and environmental impact.
Tesco has their own code of ethics which benefits the company and its shareholders while adding
value to its business. The company of Tesco was founded by Jack Cohen in the early 90s in
1919, which initiated its business by selling electronic products such as cell phones and other
electric items. It has spread its business in other countries all over the world. The main cause of
its development in the industry is its corporate strategy which mainly focuses on its customers by
giving qualitative products at reasonable cost. Tesco is an organisation that applies the concept
of social welfare for its people.
The principles of an organisation defines the corporate culture of the organisation considering its
ethics and code of conduct. While demonstrating the corporate culture of an organisation, it try
to understand and examine the corporate value of an organization. In order to maintain the
standard of an organisation, it also defines its terms and policies (Grmelová and Zahradníková
2019). It even defines the practices that are to followed by the customers being an important
aspect of the organisation. The conduct and performance with its ethical manner are considered