European Union Effects on Tesco Essay

1009 Words Jan 28th, 2013 5 Pages
P5 – describe the impact of international factors on a selected business.
M3 – assess the impact of changes in the global and European business environment on a selected business.
Kyoto Protocol

The Kyoto Protocol is an international agreement on Climate Change. The major feature of the Kyoto Protocol is that it sets binding targets for 37 industrialized countries and the European community for reducing greenhouse gas emissions. This amounts to an average of five per cent over the five-year period 2008-2012.

The Protocol was initially adopted on 11 December 1997 in Kyoto, Japan, and entered into force on 16 February 2005. As of September 2011, 191 states had signed and joined the protocol. The only remaining signatory not to have
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As a result of being environmentally friendly Tesco hope this could lead to a positive impact on sales in the business. Due to the fact Tesco’s are now opening new zero carbon stores, this should change opinion and view that the members of the public have upon them as a company. Customers who themselves are also passionate about the state of the environmental issues may be aware of the fact that Tesco’s are choosing to open new stores in a battle against the carbon footprint and sway towards shopping at Tesco as appose to another supermarket.

The European Union
A second international factor that has had an effect on Tesco has been the EU legislation on employment. The EU was developed after the destruction of the Second World War; it is an economic and political union of 27 member states which are located primarily in Europe.

There are three main institutions that run the EU:

* The European Council * The European Parliament * The European Commission

The European Council

The European Council is an institution of the European Union. It comprises of all the EU leaders meeting at least twice every six months and is charged under the Treaty of Lisbon with defining "the general political

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