SESR5041: Examining CSR and Sustainability Practices at Tesco PLC

Verified

Added on  2024/06/11

|15
|3524
|207
Report
AI Summary
This report provides an analysis of corporate social responsibility (CSR) and sustainability, exploring different approaches to CSR and offering examples of organizations that implement sustainable practices. It includes a critical analysis of a case study, focusing on Nokia and Tesco PLC. The report assesses Tesco PLC's CSR practices and sustainability initiatives, providing recommendations for enhancement and suggestions for further research. Key areas covered include CSR as value creation, risk management, corporate philanthropy, and community volunteering, alongside principles and practices of sustainability such as board leadership, food donation campaigns, reasonable wages, employee engagement, water stewardship, environmental responsibility, stakeholder engagement, and community projects.
Document Page
SESR5041-Sustainable Enterprise and
Social Responsibility
1
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Contents
Executive summary....................................................................................................................3
Introduction................................................................................................................................4
Explain and evaluate the concept of corporate social responsibility and the principle and
practice of sustainability............................................................................................................5
Using the case study of Nokia Samsung examine and assess sustainability and corporate
social responsibility practices in the business of your choice putting forward recommendation
for enhancement ......................................................................................................................10
Critical analysis and case study................................................................................................10
Recommendations....................................................................................................................11
Suggestions for further research...........................................................................................12
Conclusion................................................................................................................................13
Reference..................................................................................................................................14
2
Document Page
Executive summary
This report is written for the analysis of the concept of corporate social responsibility. There
can be different type of approaches for the corporate social responsibility is analysing in this
report. This report is having examples of different type of organisations that used to
implement the sustainable practices. This report is also analyses a case study in the critical
manner. There can be different findings that can be implemented to the chosen organisation
that is Tesco PLC in context of corporate social responsibility approaches and sustainable
practices. After that different recommendations are provided in this report. Further
suggestions are depicted in this report.
3
Document Page
Introduction
In this report there is the discussion of corporate social responsibility. Corporate social
responsibility is the business model that is self regulated by particular business. This helps
the particular business to be accountable socially. There can be different type of impacts of
corporate social responsibility that can be seen with the help of this report. The sustainable
principle and practices helps in accomplishing corporate social responsibility approaches.
Case study of Nokia for corporate social responsibility is analysed in this report. Further
Tesco PLC is chosen as organisation for assessing corporate social responsibility.
4
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Explain and evaluate the concept of corporate social responsibility and the principle
and practice of sustainability
Corporate social responsibility for an organisation is the internal policy that is designed by
the particular organisation to provide sustainability to the business practices and to the
surrounding that are associated with the business practices (Hack, et. al., 2014).
They can be different type of approaches that are associated with the corporate social
responsibility. Different organisation used to implement corporate social responsibility for
the different purposes. It can be understood as: -
Corporate social responsibility as a value creation
There can be different type of purposes for implementation of Corporate Social
Responsibility in the organisation. The innovation can be the purpose for the implementation
of Corporate Social Responsibility by the particular organisation. With the help of innovation
the ease can be provided to the devices are the equipment’s for which innovation is being
implemented. This will impact on the sales of the organisation. The practices that are
involved are sustainable in nature in making the innovations to the particular product or
services of the particular organisation.With the help of implementation of innovation with
sustainable approaches is resulting in fair competition in the market among the organisations
(Sarkar & Searcy, 2016). This will helpful in achieving the objectives of business that are set
by the organisation. Human capital can be developed for the organisation with the help of
corporate social responsibility.
Corporate social responsibility as a risk management
The implementation of compliance in the organisation is accomplished by the particular
organisation as a corporate social responsibility by the particular organisation. With the help
of compliance the operational changes in the organisation can be implemented in the efficient
manner (Tai & Chuang, 2014). The development in the operational practices for the
organisation can be accomplished. There can be different type of valves that used to occur at
the time of operation. With the implementation of compliance as a corporate social
responsibility the operational fault for the particular organisation becomes very less. The
5
Document Page
external relationships of the organisation becomegood. This external relationship includes
customers and the corporates that are associated with the particular organisation.
Corporate social responsibility as a corporate philanthropy
The practice of philanthropic is accomplished by the different organisations. This includes
providing a funding to the nearby schools why the particular organisation. There can be
support to the social cause by the particular organisation to the particular body that is
involved in these practices(Aguinis, &Glavas, 2012). This makes good image of the
particular Organisation in the market. Various benefits can be with the come company that is
implementing corporate social responsibility as a philanthropy. Sponsorship of the different
events that is associated with the Social Organisation that is involved in philanthropy
practices.
Funds are provided to the non-governmental organisation and bodies that are involved in
philanthropy. If there arefewer funds available to the particular organisation then the
particular organisation used to provide fewerfunds. With the sponsorship can be attracted to
the organisation. This will increase the sales, profits and revenues of the organisation. This
money can be invested in the next year corporate social responsibility as philanthropy by the
particular organisation.
There can be the situation in which Assets of the business are not fully utilised by the
particular organisation. In the situation there are limited friends that are available to the
company. This is the reason by which the company not able to do purple philanthropy in the
effective manner.
Community volunteering
There can be different type of volunteer activities that are organised by the particular
organisation. In the situation the employees of the organisation gets pay for Pro Bono. This
reward is provided to the employees of the organisation for doing the community
volunteering that is started by the particular organisation as a corporate social responsibility.
Principles and practices of sustainability
Profit organisations are gettinggood benefits in terms of monetary. This can be understood
well with the help of increasing revenues, profits and sales of the particular organisation. It is
6
Document Page
the responsibility of the particular organisation to serve the people from which the particular
organisation is getting monetary benefit. There are different types of issues that can be
seenbecause of operations that are implemented by particular company. It is very necessary
for the particular organisation to implement such practices by which different issues cannot
be created (Crane, 2013). There can be the issue of climate change, global warming and
pollution. All search issues are in the existence because of industrial operations.
It is the responsibility of the particular organisation to do Welfare of the society with the
implementation of different corporate social responsibility initiative. the sustainability
practices can be implemented by which these initiatives can be in action Russia the different
type of sustainability practices by the different organisations are
Board leadership
There is different type of initiative programs like environmental stewardship is accomplished
by the different organisation so that leadership skills in the executive can be accomplished.
The implementation of diversity in the organisation is also performed by the different
organisation (Dhaliwal, et. al., 2012). Hiring is accomplished by the organisation in that way
so that diversity in the organisations can bepossible. This is the practice that is implemented
by Aloca.
Food donation campaign
The food is donated by the organisations to the needy people. This is the initiative that is
taken by the organisations for Welfare of the people in the hard times. This is accomplished
by Sainsbury in those Areas where clean water is not present in good amount (Servaes&
Tamayo, 2013). In the situation agriculture is not good in that particular area. For this
Sainsbury used to provide food to the people.
Reasonable wages
The workers that are working in the organisations get good amount of wages. The reason
behind getting good amount of wages is because of the initiatives that are taken by the
organisation in this initiative the organisation used to provide devices that are necessary for
the particular person according to the post of the particular person in the organisation
(Brammer, et. al., 2012).
7
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Employee’s engagement
Different type of organisation used to create different recreational activities at the workplace.
This is the initiative that is taken by the different organisation for accomplishing the good
ambience in the organisation you can this results in good organisational culture that can be
followed in the organisation. Operations and functioning of the organisation becomes easy
because of good organisational culture. For example this is the practice that is implemented
by Ben &Jerry’s.
Water stewardship
There is different type of operations that that needs water in the particular industry. The
Production and Manufacturing of the different products is accomplished with the help of
water. There is shortage of clean water in the world. Theorganisations used to implement the
strategy by which efficiency of the process becomes good so that use of water become less in
such situation. It is very necessary for the organisation to use less water in the process and
operations for manufacturing the particular product. British Petroleum makes the operations
so efficient by which less use of water is accomplished by this organisation (Babalola, 2012).
Water is the basic present and the future necessity of the human being and the creatures that
are present on the earth. Therefore water stewardship is very necessary for the organisation to
implement sustainability practice.
Environmental responsibility
There are different types of organisations that are functioning in the United Kingdom. It is
very necessary for the organisation to implement those operations and practices that not
results inpollution. It is very necessary for the organisation to use those practices that are
sustainable in nature. With the implementation of these practices pollution of the
surroundings can the minimised. It is very necessary to provide fresh air to the future living
beings. This can be accomplished only with the implementation of Sustainable practices by
the organisation (Lozano, 2015). Almost all Organisations in the United Kingdom and in the
world are focusing on developing the practices by which less environmental pollution can be
caused. The Other type of pollution is also mitigated with the help of implementation of
sustainable practices by the different organisations.
Stakeholder engagement
8
Document Page
It is very necessary for the different organisations to involve the stakeholders in the important
decision making. With the help of stakeholders the decision making of the organisations is
accomplished. The ignorance of the stakeholders is generally not accomplished by the
organisations. This satisfies the people letter engage to with the company. If any change has
to be accomplished in the organisation with the help of stakeholder the implementation of the
particular change in the organisation can be accomplished in the efficient and effective
manner (Azevedo, et. al., 2012).
Community projects
There are different types of community projects that can be done by the organisation. These
projects are performed by the organisation for the Welfare of the community and the society.
For example O2 implemented the community project initiative by involving the employees of
this organisation. This can be helpful for the people for which they are serving.
9
Document Page
Using the case study of Nokia Samsung examine and assess sustainability and corporate
social responsibility practices in the business of your choice putting forward
recommendation for enhancement .
For accomplishing this task Tesco PLC is taken as an organisation. While considering the
case study of Nokia the different corporate social responsibility practices can be understood
well. It is very necessary for the organisation to use corporate social responsibility. Assessof
Sustainable practice and corporate social responsibility initiative and approaches by Tesco
PLCare: -
Critical analysis and case study
Nokia is involved in various type of corporate social responsibility for the people that are
served by Nokia. Varioustypes of Sustainable practices are implemented by Nokia so that
sustainability can be accomplished for the business and the surroundings. Nokia used to make
this type of products that can be helpful in the social, environmental and economicalprogress.
The devices that are made by the Nokia are helpful in connecting the planet (Nokia, 2018).
The technology is provided to the people in the responsible way by Nokia. It is very
necessary to implement the practices that can result in safe technology that can be provided to
the consumers (Cheng, et. al., 2014). This practice is accomplished by Nokia in providing
devices to the people.
The devices that are made by this organisation are making improvements in the life of people
with the help of technology. The processes that are involved in operating the devices of
Nokia are easy that can be understood by the person that is not having good skills. The
technology is provided in the exact manner which is presented to the consumer. This is also a
good step that is accomplished by Nokia. Nokia is involved in the protection of environment
(Lozano, 2015). The operations that are involved by this company are environmental
friendly. The pollution is minimum created by this organisation in the implementation
production practices.
According to Babalola, (2012) Conducting the business buy Nokia is accomplished with
integrity. The involvement of the stakeholder is accomplished by this organisation in the
effective manner. The involvement of stakeholder in the important decision making is also
accomplished by Nokia. This is the good practice that is accomplished by Nokia that is
10
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
creating sustainability for the organisation as well as for the people that are associated with
this organisation.
There can be different type of ideas that are presented by the employees of this organisation.
The leaders of this organisation used to welcome the different type of ideas and the
approaches in the improvement of Technology for Nokia. The respect is provided to the
people and their approaches for improving the technology.
There can be different type of customer’s feedback for the products that are provided by
Nokia to its customers. This organisation used to make the changes in that way by which
change can be accomplished in the organisation with together contribution of the customers
and the organisation. In this way feedbacks are considered as constructive approaches for the
development of product by Nokia.
This organisation is focusing on making the operations in that way by which less pollution
can be created. This organisation is having the Rival Samsung. This organisation used to
develop the corporate social responsibility approaches by which this organisation can get
competitive advantage.
Recommendations
Tesco PLC can implement the different initiatives of sustainability practices and corporate
social responsibility approaches by Nokia. It is very necessary for this organisation to learn
from Nokia so that effective corporate social responsibility approaches can be implemented
(Tesco, 2018).
There can be implementation of the organisational change with the involving of the
stakeholder and the employees of the organisation. The involvement of the customer should
be accomplished by this organisation by the means of internet. This is the approach that can
be implementing by this organisation that will helpful in going bringing the good
organisational behaviour. This will lead to effective functioning and working of this
organisation.
Welcoming the different type of ideas that are provided by employees of the Tesco
PLC. This can be helpful in the implementation of the sustainable practices in the
11
Document Page
organisation. This will lead to bring the innovations in the practices by which good services
can be provided to the customers of this organisation.
This organisation should more focus on the practices by which this organisation can
make very less or negligible environmental cause. It is very necessary for the organisation to
implement the initiative that focus on eco friendly practices that can be implemented by this
organisation.
Implementation of that Technology is accomplished by this organisation which is
energy efficient. This organisation consumes large amount of energy in the supermarket.
Therefore disorganization should focus in saving the energy. This can be implemented by
installing energy efficient freezers in the supermarkets.
This organisation can implement the community project. This can be accomplished by
involving the employees in the organisation for developing the local lives. This is the
philanthropy step that can be accomplished by this organisation for development of society.
Suggestions for further research
This organisation can provide healthy food to the people that are unable to purchase
food in those areas in which people are poor. This organisation can accomplish this task with
the help of engaging employees in such practices.
This organisation can focus on the practices by which improvement in the technology
can be accomplished. This technology should be improved in that way by which customers
can be facilitated in providing services.
12
chevron_up_icon
1 out of 15
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]