TO WHAT EXTENT HAS TESCO DELIVERED IN ITS CORPORATE SOCIAL Essay

TO WHAT EXTENT HAS TESCO DELIVERED IN ITS CORPORATE SOCIAL RESPONSIBILTY FOCUSING ON THE ENVIRONMENTAL DIMENSION - Essay Example The government of developed economies like United Kingdom is working on produces legislations and different policies to safeguard the nature and environment from harmful practices of the different industries. To this end, the paper divulges to research the significance of protecting the natural environment in the light of Tesco’s corporate social responsibility dimension. 2.1 Background into CSR The social responsibility of a corporate firm is increasingly being tied up with factors to safeguard the natural environment. In this regard, Hay, Stavins, & Vietor (2005) observe that the corporate norms of responsibility towards the society must be extended to encompass the natural environment. However, several debates take place for some experts do not feel the importance to extend the social responsibility concept of business to embrace environmental factors. Hay, Stavins, & Vietor (2005) state that the natural environment must be incorporated as another stakeholder for the busine ss like suppliers and government. The responsibility of the business in protecting the natural environment of the geographic region has a strong ethical standing. Business firms are expected to