Lewis Brindle 07/02/2017
Introduction:
I am employed at Business Ethics, the on line magazine. The editor has given me a project to
produce an article on a selected business, he has divided the article requirements into 4
sections. The editor will also require to see all the research I have carried out so the article
must be accompanied a detailed bibliography.
Tesco:
Tesco is one of British largest retail grocery currently the first in terms of the top 10 retail
grocery in the United Kingdom. It was the first UK business to make £2 billion in profits
when it announced their annual revenue in 2005, and the third largest global retailer based
on revenue. Over the years, retail grocery sector represents the largest industry in UK
providing employment for millions of people in UK either in manufacturing or in retailing. In
2003 retail accounted for 9% of domestic product.
P1: Explain the ethical issues a business needs to consider in its operational activities.
Ethical Issue Explanation/Definition How the business is
attempting to show its
stakeholders that it is aware
of the ethical concern.
Environment The sum total of all surroundings, including According to Tesco’s society
natural forces and other living things, which report, the company said that
provide conditions for development and they would try and use ‘scarce
growth as well as of danger and damage. resources’ responsibly. In
addition, they stated that they
are hoping to cut emissions
and have made an aim to be a
zero carbon business by 2050.
A way Tesco can actually do
this is to reduce the emissions
from the distribution area of
Tesco. In addition, Tesco want
to do this by utilizing fuller
trucks and containers, Its good
as it will reduce the amount of
carbon emissions produced
from their trucks for when
they are out for delivery.
Sustainability Business sustainability, is the management Tesco will have a corporate
and coordination of environmental, social governance to make sure
and financial demands and concerns to everything is maintained and
guarantee responsible, ethical and ongoing that the business is running
success. In a broader context, social, smoothly.
Unit 37: Assignment 1 Page 1 of 8
, Lewis Brindle 07/02/2017
environmental and economic demands are
considered the three pillars of sustainability.
Human Human rights are basically the basic rights Tesco will demonstrate to
Rights and freedoms that belong to everyone. their employees about the
ethical concern by handing
them breaks during their shift,
this is so that employees don’t
work continuously for the
whole shift. Furthermore,
Tesco offer payment above the
minimum wage of each of the
employees’ contracts, this
means that employees will
come to work motivated and
appreciated and it sticks to
their human rights. For the
suppliers, Tesco offer support
to improve the working
conditions.
Corruption Corruption is the abuse of entrusted power Wherever Tesco operate they
for private financial or non-financial gain. It abide by the law. Bribery and
redirects resources from their proper use, corruption is illegal in all the
distorts competition and creates gross countries in which they
inefficiencies in both the public and private operate and any person
sectors. breaking these laws can be
prosecuted. The act of fraud,
bribery or corruption is treated
seriously by Tesco. And they
expect their business partners
to take the same approach.
They do this by following the
UK Bribery Act 2010 and the
UN Global Compact Principle
10 which will prevent this from
happening.
Working Working conditions are at the centre of paid Tesco will have checks every
Conditions work and business connections. As a rule, day to make sure that the
working conditions cover an expansive scope working conditions are safe for
of subjects and issues, from working time their employees to work. To
(hours of work, rest periods, and work add, they will have a one on
routines) to compensation and so on. one conversation with current
employees to see their views
on the working environment
and what the company can do
to improve etc.
Unit 37: Assignment 1 Page 2 of 8
Introduction:
I am employed at Business Ethics, the on line magazine. The editor has given me a project to
produce an article on a selected business, he has divided the article requirements into 4
sections. The editor will also require to see all the research I have carried out so the article
must be accompanied a detailed bibliography.
Tesco:
Tesco is one of British largest retail grocery currently the first in terms of the top 10 retail
grocery in the United Kingdom. It was the first UK business to make £2 billion in profits
when it announced their annual revenue in 2005, and the third largest global retailer based
on revenue. Over the years, retail grocery sector represents the largest industry in UK
providing employment for millions of people in UK either in manufacturing or in retailing. In
2003 retail accounted for 9% of domestic product.
P1: Explain the ethical issues a business needs to consider in its operational activities.
Ethical Issue Explanation/Definition How the business is
attempting to show its
stakeholders that it is aware
of the ethical concern.
Environment The sum total of all surroundings, including According to Tesco’s society
natural forces and other living things, which report, the company said that
provide conditions for development and they would try and use ‘scarce
growth as well as of danger and damage. resources’ responsibly. In
addition, they stated that they
are hoping to cut emissions
and have made an aim to be a
zero carbon business by 2050.
A way Tesco can actually do
this is to reduce the emissions
from the distribution area of
Tesco. In addition, Tesco want
to do this by utilizing fuller
trucks and containers, Its good
as it will reduce the amount of
carbon emissions produced
from their trucks for when
they are out for delivery.
Sustainability Business sustainability, is the management Tesco will have a corporate
and coordination of environmental, social governance to make sure
and financial demands and concerns to everything is maintained and
guarantee responsible, ethical and ongoing that the business is running
success. In a broader context, social, smoothly.
Unit 37: Assignment 1 Page 1 of 8
, Lewis Brindle 07/02/2017
environmental and economic demands are
considered the three pillars of sustainability.
Human Human rights are basically the basic rights Tesco will demonstrate to
Rights and freedoms that belong to everyone. their employees about the
ethical concern by handing
them breaks during their shift,
this is so that employees don’t
work continuously for the
whole shift. Furthermore,
Tesco offer payment above the
minimum wage of each of the
employees’ contracts, this
means that employees will
come to work motivated and
appreciated and it sticks to
their human rights. For the
suppliers, Tesco offer support
to improve the working
conditions.
Corruption Corruption is the abuse of entrusted power Wherever Tesco operate they
for private financial or non-financial gain. It abide by the law. Bribery and
redirects resources from their proper use, corruption is illegal in all the
distorts competition and creates gross countries in which they
inefficiencies in both the public and private operate and any person
sectors. breaking these laws can be
prosecuted. The act of fraud,
bribery or corruption is treated
seriously by Tesco. And they
expect their business partners
to take the same approach.
They do this by following the
UK Bribery Act 2010 and the
UN Global Compact Principle
10 which will prevent this from
happening.
Working Working conditions are at the centre of paid Tesco will have checks every
Conditions work and business connections. As a rule, day to make sure that the
working conditions cover an expansive scope working conditions are safe for
of subjects and issues, from working time their employees to work. To
(hours of work, rest periods, and work add, they will have a one on
routines) to compensation and so on. one conversation with current
employees to see their views
on the working environment
and what the company can do
to improve etc.
Unit 37: Assignment 1 Page 2 of 8
