Csr Report on Tesco Plc

3390 Words14 Pages
Table of Contents
Corporate Social Responsibility (CSR) 2
Definition of CSR 2
Development of CSR 2
Approaches to CSR 2
Business Benefits of CSR 3
Critical Analysis of CSR 3
Factors influencing CSR 4
The Business Case for CSR 6
Tesco and Corporate Social Responsibility 8
Environment 8
Community 9
Suppliers 9
People / Employees 10
Government / Regulators 10
How Tesco manages their Corporate Responsibility (CR) 10
Conclusion 10
Bibliography 13

Corporate Social Responsibility (CSR)
Definition of CSR
Corporate Social Responsibility (CSR, also called corporate responsibility, corporate citizenship and responsible business) is a concept whereby organizations consider the interests of society by taking
…show more content…
Critical Analysis of CSR CSR is entwined in the strategic planning process of many multinational organizations. The reasons behind social, human and environmental responsibility whether driven by ulterior motives, enlightened self-interest, or interests beyond the enterprise, is subjected to much debate.
Some critics argue that corporations are fundamental entities responsible for generating a product and service to gain profits to satisfy shareholders. Milton Friedman and others argue that there is no place for social responsibility as a business function. These critics point to the rule of corporate law that prohibits a corporation’s directors from any activity that would reduce profits.
Disputed business motives – Some critics believe that CSR programmes are often undertaken in an effort to distract the public from the ethical questions posed by their core operations. An example of such a company that had been accused of this motivation is British American Tobacco (BAT).
Self-interest – CSR critics argue that the only reason corporations put in place social projects is for the commercial benefit they see in raising their reputation with the public or with government. They suggest a number of reasons why self-interested corporations, solely seeking to maximize profits, are unable to advance the interests of society as a whole.
Other views from this perspective include: * Corporations really care little for
Get Access