Sainsbury's CSR Report: Management, Operations, and Societal Impact

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Added on  2023/04/03

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This report provides an overview of Corporate Social Responsibility (CSR) and examines how Sainsbury's management fulfills its duties towards the business environment. It highlights the advantages and the increasing need for CSR, including improving financial resources, lowering operating costs, and accessing capital. The report focuses on four CSR initiatives by Sainsbury's, encompassing economic, legal, ethical, and philanthropic responsibilities. It discusses the positive impact of CSR on the community, supported public value outcomes, encouraged development, and enhanced relationships with clients. The conclusion emphasizes that businesses can increase their scale, develop brand image, and achieve stakeholder satisfaction through effective CSR implementation. The document is available for study purposes, and Desklib offers a wide range of similar resources for students.
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Management and
Operations
TASK-3 (CSR)
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Cover Content
Introduction
Advantages of CSR
Need for CSR
4 CSR initiatives by Sainsbury
Impact of CSR
Conclusion
References
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INTRODUCTION
Corporate social responsibility is a wide concept which
aims at providing social care to society.The following re
port will help learner to understand how Sainsbury man
agement is fulfilling its duties towards the buisness envi
ronment.
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Advantages of CSR
Improve financial
resources
lowers operating cost
Access to capital
Goods safety and
lowers liability
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Need for Corporate Social Responsibility
Shrinking role of government
Rise in customer needs
Increased investor pressure
Supplier relationship
Labour market competition
Stakeholder demand for discloser
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Initiative Focused
Different initiatives are
taken with a view of
bringing
development in
society.
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4 CSR initiatives by Sainsburry
Economic responsibilities – Prime objective
for any company is to earn profit therefore this
becomes its first duty.
Legal duty – It is important to follow laws
placed by government.
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Continue...
Ethical obligations – These are the
responsibility full filled as they are considered
to be right to do for business.
Philanthropic responsibility – It involves
efforts for making a better society
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Impact of CSR
Positive impact on community
Supported public value outcomes
Encouraged development
Enhances relationships with clients
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Conclusion
Business can increase its scale
Develop brand image
Achievement of stakeholders satisfaction
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REFRENCES
Louah, G., et.al., 2011. Traffic operations at an entrance ramp of a
suburban freeway first results. Procedia-Social and Behavioral
Sciences, 16, pp.162-171.
Council, T.S., 2013. Waste Ma nagement Strategy 2013-202I.
Vogel, M. and Fricke, H., 2012. Investigating the Safety Impact of
Time Buffers in Current TMA Arrival Operations. Aeronautical
Sciences (ICAS 2012), Brisbane.
Radecki, M., et.al., 2014. Improving PL-Grid Operations Based on
FitSM Standard. In eScience on Distributed Computing Infrastructure
(pp. 94-105). Springer International Publishing.
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