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Tesco
| Headquarters location: Delamare Rd. Cheshunt, Hertfordshire EN8 9SL |  | Tel. 44-1992-632-222 Job offers, investor relations: www.tesco.com Stock:  |
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« ETHICAL » RATING OF TESCO
, group
and subsidiaries
[ ?] |
| Labor: 2 violation(s) of fundamental labor rights |
| Delinquency: 1 act(s) of financial or trade delinquency |
| Sales: more than 61 billion(s) dollars/euros in annual sales |
| Net profit: more than 6 billion(s) dollars/euros in cumulated net profit since 1998 |
| Advertising & marketing: 4 dubious practice(s) |
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Relevance: business & market share |
World locations & Manufacturing |
year name | photo position; compensation source |
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year | employees <> | social impact : country source |
| 2006 | | ILO violation 87 : ince workers organised a union at Tesco Lotus in Wang Noi district, Ayuthuya province, in 2004, management at the hypermarket refused to bargain a collective agreement. It used blatant discriminatory practices – such as different, higher pay-rates for "diligence bonuses" for non-union members – to encourage workers to stay away from the union.
During 2006, the union effort expanded beyond Ayuthuya as workers organised at a Tesco in Samut Prakan. But in both cases, Tesco workers’ efforts to engage in collective bargaining continued to be obstructed by management’s intransigence. MOL local and national levels sought to conciliate the two sides with little success. Often the representatives of the employer either didn’t appear, or maintained that there was nothing to talk about since the collective bargaining demands had been put forward in an erroneous manner and therefore were invalid. Meanwhile, Tesco management continued its efforts to discourage union membership, and ultimately undermine the union because it recognised that workers in many other Tesco stores were closely following the dispute and would likely unionise if the workers won a contract in either Ayuthuya or Samut Prakan.: Thailand | ITUC-CSI  |
| 2006 | | ILO violation 1,26, 87, 98 : Some clothing sold by Tesco is manufactured in Bangladesh by 5000 workers working 80 hours per week for 12 to 24 euros per month, that is to say 0,08 euro per hour.: Bangladesh | AFP  |
| 2003 | -1000 | Relocation: AFP  | |
| 2003 | 270800 | |  |
| 2002 | 171794 | |  |
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year | financial misdemeanor | sales | income | | | source |
| 2007 |
Ten supermarket and dairy firms agreed to fix the price of milk, butter and some cheeses in the United Kingdom during 2002 and 2003. The cartel earned £270m extra from shoppers as they charged 3 pence extra for a pint of milk, 15p extra per quarter-pound of butter and 15p per half-pound of cheese. They'll pay a £116m fine to the Office of Fair Trading (OFT). Sainsbury's and Asda have admitted price-fixing of milk and cheese, as has Safeway - before it was bought by Morrisons. Cases against Tesco and Morrisons will continue after no deal was struck. Safeway has also admitted colluding on the price of butter. Dairy processors Dairy Crest, the Cheese Company and Wiseman also reached agreement. Another dairy firm, Arla, has been given immunity from fines if it continues to co-operate with the investigation. But Tesco, Morrisons and the dairy firm Lactalis McLelland are challenging the OFT findings. |
| | | |   | | BBC News  |
| 2003 |
| 41.61 | 1.49 | |   | billion US$ |  |
| 2002 |
| 33.58 | 1.18 | |   | billion US$ |  |
| 2001 |
| 30.28 | 1.11 | |   | billion US$ |  |
| 2000 |
| 29.67 | 1.06 | |   | billion US$ |  |
| 1998 |
| 27.45 | 0.97 | |   | billion US$ |  |
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