Business Ethics Practices Of Tesco Essay

Business Ethics Practices Of Tesco Essay

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Over the years Tesco has grown to become the UK’s largest supermarket chain with over 2000 stores operating around the world but at the same time it also became one of the most controversial and highly criticised company. Tesco is highly perceived as a company behaving unethically in public eyes. Business ethics wise Tesco’s is a gold mine and I have specifically chosen Tesco because it would be interesting to do research on a company that is so controversial and constantly under spotlight.



Some of the allegations towards Tesco are;

Corporate policy
Corporate policy caused Tesco a big headache specially the cases towards labour relations, trading relations and pricing and advertising. Repeated unethical behaviour towards suppliers and employee’s definitely damaged Tesco’s public image
Eco-towns and the environment
Tesco was one of the bidders Hanley Grange in Cambridgeshire. This was a housing project for an area with high amount of housing shortage. Tesco eventually dropped firms bid after not coming to agreement with one of the land owners.
Local opposition to new stores and corporate expatiation
Ever since Tesco started to expand more and more local opposition has become one of the major issues for Tesco. Although Tesco is claiming they are not doing anything wrong they are making it very difficult individual shop owners and local convenience stores to survive. Some of the new store openings even became very violent due to extreme opposition in the past.
Financial affairs
Tax Avoidance:
The guardian is claiming that Tesco has been avoid approximately 1 billion tax on profits from property sales by using taxation structure including off shore bank accounts in Cayman Islands. Guardian has been sued by Tesco twice over malici...


... middle of paper ...


...op of it Tesco backed from their word to keep local market running on Tuesdays if they were allowed to build a car park. In result market moved to another location and only has few stalls running. This sort of behaviour is unacceptable

Tighter codes of practice to make sure suppliers are treated fairly:


A supermarket watchdog to ensure that grocery market is operating in the interests of consumers, farmers and small retailers.
A moratorium on Tesco taking over any more shops including convenience store chains:
Corporate accountability legislation which makes companies accountable for their effects on communities and the environment:




None of these possible solutions might be in Tesco’s favour financially but if they were to applied Tesco could be more ethically credible supermarket in the eye of public and this could possibly result in increased customer base

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