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Tesco

Tesco is a retail company based in the United Kingdom (UK). It handles 80 million weekly transactions and operates over 6,800 stores across the world. The UK and Republic of Ireland geography is the largest business segment in the group, with over 3,700 stores accounting for 79% of group revenue. Other business segments include retail divisions in Central Europe (Hungary, Slovakia and Czech Republic) and Tesco Bank. Tesco sources its products from 73 countries and works with 20,000 farmers in the UK alone to source fresh produce.

Ranking position
#7/350
Total score
53.6/100
Measurement area Score Rank (0-350)

Governance and strategy

#1 5.0 /10 #88

Environment

#1 16.9 /30 #11

Nutrition

#1 12.5 /30 #17

Social inclusion

#1 19.2 /30 #3
#1
Indicates the score for the top performing company.
Segment Rank
Food and beverage manufacturers/processors #6
Food retailers #1

Segment ranking summary

Tesco ranks 1st amongst food retailers and 6th in the food and beverage processor segments, highlighting that it is a leader in both areas. Tesco performs strongly in all measurement areas. In environment, it ranks 1st amongst food retailers and 9th amongst processors, with leading practices across multiple topics, notably on protein diversification and GHG emissions. Similarly, Tesco performs strongly in nutrition, where it ranks joint 2nd amongst retailers and joint 12th amongst food and beverage processors, due to its disclosure on most indicators and provides quantitative data and time-bound targets to support its activities. Nonetheless, there is an opportunity for the company to improve further, notably in governance and strategy. While the company provides strong disclosure on its overall sustainable development strategy, Tesco could report more on how it engages stakeholder when formulating this strategy, an area where it currently lags against its peers.

Leading practices

Risks and opportunities

Core social indicators

The core social indicators are part of the social inclusion measurement area. These indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.

More about the company

Headquarters
Welwyn Garden City, United Kingdom
Food and agriculture revenue USD
72,926,923,100
Group revenue USD
81,937,179,500
Onwnership structure
Publicly listed
Number of employees
450,000
Website
https://www.tescoplc.com

This company is part of the SDG2000, the 2.000 most influential companies

See company profile