Sustainability Report 2012 Building a Better Society Our Co-Operative Difference

Total Page:16

File Type:pdf, Size:1020Kb

Sustainability Report 2012 Building a Better Society Our Co-Operative Difference Sustainability Report 2012 Building a better society Our co-operative difference The Co-operative Group stands apart from other major businesses in the UK as an organisation which is owned by over 7.6 million individual members and in the region of 80 Independent Co-operative Societies. Our purpose Our vision Our aims To serve our members by carrying To build a • To be a commercially successful business on business as a co-operative better society • To meet the needs of our customers and the in accordance with co-operative by excelling in communities we serve Values and Principles. everything we do. • To respond to our members and share our profits In order to achieve this • To be an ethical leader vision, we have set • To be an exemplary employer ourselves a number of strategic aims: • To inspire others through co-operation. Our business is guided by the Values and Principles of the Co-operative Movement: Our membership Values • Our business is run for the benefit of our members Co-operatives are based on the values of • Membership is open to everyone self-help, self-responsibility, democracy, equality, • Profits are shared amongst members equity and solidarity. In the tradition of their founders, co-operative members believe in the • Members exercise democratic control of our business (page 74), ethical values of honesty, openness, social and play a direct role in shaping our future. responsibility and caring for others. Our governance Principles We are owned and democratically controlled by our members, who The co-operative Principles are guidelines by elect representatives to oversee our business. There are several which co-operatives put their values into practice. levels to our elected membership structure (page 75), from area They are: committees to our Group Board, which is entirely non-executive. • Voluntary and open membership The Group Board is responsible for our long-term success. It elects, • Democratic member control and is led by, the Group Chair. And it also appoints the Group Chief • Member economic participation Executive, who has direct responsibility for the Group on a day-to- • Autonomy and independence day basis, and is accountable to the Board for the financial and • Education, training and information operational performance of the Group. • Co-operation between co-operatives Three Subsidiary Boards are responsible for our major business • Concern for community. units – The Co-operative Food, The Co-operative Banking Group and Co-operative Specialist Businesses. Cover image: All The Co-operative Food’s bananas are Fairtrade and 55% are sourced from smallholder farmers. 16 years of open and honest sustainability reporting What matters How we Building a most compare to better society our peers The Report is split into 20 subject We believe that better sense can Our vision is to build a better society. areas, relating to our most material be made of how we’re doing if This Report sets out how we seek sustainability issues. Each details performance can be compared to that to take the lead on issues such as our performance – good and bad – of our peers. That’s why, in line with community engagement and social against targets, many of which are our commitment to transparency, we inclusion (introduced on pages 8 and derived from our Ethical Plan E.P. include 40 performance benchmarks 36 respectively). Whilst we recognise Where appropriate, we provide throughout this Report that highlight that no business can lead on every four years of comparable data1 to not just where we lead, but also aspect of sustainability, over the allow readers to understand our where we strive for improvements. years, we’ve adopted numerous performance over time. pioneering approaches, and challenged others to follow. Inside this year’s Report Social responsibility Ecological sustainability Delivering value 8 UK communities 48 Climate change 74 Membership and 12 International development 57 Waste and packaging democratic control and human rights 61 Water 79 Supporting co-operatives 20 Animal welfare 63 Biodiversity 83 Economic impact 25 Diet and health 69 Chemicals 85 Employees 30 Responsible banking and finance 90 Customers 36 Social inclusion 94 Suppliers and sourcing 40 Diversity 96 Public policy 43 Inspiring young people 2 Chair’s overview 100 The Co-operative at a glance 3 Chief Executive’s overview 101 Managing sustainability 4 Performance overview 105 Independent assurance statement 6 Expert commentary 113 About this Report The Co-operative Group Sustainability Report 2012 1 Chair’s overview Chair’s overview “With our customer-led ethical policies and member- led Ethical Plan, our customers and members are perhaps more firmly embedded in living our Values Chief and Principles than at any other time.” Executive’s overview Against a backdrop of economic turmoil And today is no different. The last few Going forward and a pervasive mood of uncertainty there years at The Co-operative Group have And now we start a new chapter in are some things that our customers and arguably been amongst the most dramatic The Co-operative story, with the welcoming members know they can rely on. and exciting in our long history. of our new Chief Executive Officer, Performance overview Since our formation, our Values and Our membership today is 7.6 million strong Euan Sutherland. Euan has already made Principles have underpinned and guided of whom 5.5 million shared in our 2012 his mark as a Non-Executive Director on our decision making. profits, up from 1.7 million, five years ago. our Food Board and brings a wealth of retailing experience. And with our customer-led ethical Our vision is to build a better society. policies and member-led Ethical Plan, Since the start of the downturn we’ve As we move forward, it may never our customers and members are perhaps helped to channel over £90m into our local have been more important for me to Expert more firmly embedded in living our Values communities and we’re working to support reinforce the Group’s commitment to and Principles than at any other time. 12,000 projects a year, that’s more than robust governance, sound reputation commentary one every hour of every day. Which means management and clear ethical standards. This member-led approach is what makes that today we’re doing more to support our us different. It ensures that the millions of Our Values and Principles have ensured communities than ever before. members who trade or bank with us have that we have remained relevant for over a say: on grassroots issues via our area What’s more, our colleagues, customers 150 years and will continue to do so for committees and regional boards to issues and members are central to our vision future generations of co-operators. of national and international importance and, as set out in this Report, we continue via our national Boards. to deliver on our aims to be an exemplary employer, to respond to our members and For over 150 years we’ve prospered to meet the needs of customers. by being able to respond and adapt to changing economic, social and political I am always immensely proud of the work Len Wardle environments. Indeed our history is littered we do and this Report is invaluable reading Chair with examples of where we’ve led on such to anyone who wants an appreciation The Co-operative Group matters: be it in providing votes to women of the challenges that arise in running a before universal suffrage, to selling fairly diverse, multi-billion pound business in traded products before the Fairtrade Mark a responsible manner. Good or bad, we existed, launching ethical banking or being report our impacts on everything from one of the first businesses to recognise the environment to animal welfare, from and respond to climate change. people’s diet and health to diversity. Because that is what our members want. 2 The Co-operative Group Sustainability Report 2012 Chief Executive’s overview Chair’s overview “For over 150 years, our co-operative approach has meant that we can balance short-term and long-term decisions for the benefit of our business, Chief our members and the communities we serve.” Executive’s overview As the new Chief Executive of Performance overview Our Specialist Businesses had another The Co-operative Group I am delighted good year, our Pharmacy became the In 2012, our UK community investment to provide the overview to this, our latest first UK pharmacy to achieve carbon totalled £18.3m and funded a diverse in a long line of Sustainability Reports. neutrality and, on the back of its revised range of initiatives, many in some of the Ethical Strategy, our Funeralcare business Performance overview Of course, from my time on the most deprived communities in the UK. launched a range of fairly traded coffins. Co-operative Food Board I knew that I So that, to date, we’ve supported 1,000 would be leading a great business that co-operative enterprises, 300 co-operative Our new flagship building in Manchester has social responsibility in its DNA. schools and 1.2 million young people was opened at the start of 2013 and have benefited from our Inspiring Young has been recognised as one of the Yet, in the short time that I have been in People programme. most sustainable office buildings in the my new role, I have been taken aback world. We have continued to reduce our by the extent to which our Values and Our food business delivered a solid Expert greenhouse gas emissions across the Principles are embodied, not just in the financial performance and launched its family of businesses; indeed we have now commentary fabric of the business, but in the attitude new strategy with a commitment to the achieved a 43% reduction in emissions, and approach of our colleagues.
Recommended publications
  • Co-Operative Group Limited Annual Report 2014 Strategic Report Directors’ Report Financial Accounts
    Co-operative Group Limited Annual Report 2014 Strategic report Directors’ report Financial accounts Contents Strategic report 4 A Message from Group Chair – Allan Leighton 5 Headlines 6 Report from Former Group Chair – Ursula Lidbetter 7 Report from Group Chief Executive Officer – Richard Pennycook 9 Report from Transitional Council President – Lesley Reznicek 10 Strategy - Rescue, Rebuild, Renew 11 Key Performance Indicators 12 Finance Review 16 Business Review 16 – Food 17 – Electrical 17 – Funeralcare 18 – General Insurance 19 – Co-operative Legal Services 19 – Estates 19 – Disposals 20 – The Co-operative Bank plc 21 Our People 23 Sustainability Review Directors’ report 31 Executive Biographies 32 Board Biographies 34 Governance Review 47 Principal Risks and Uncertainties 51 Report of the Transitional Risk and Audit Committee 58 Remuneration Report 79 Report of the Transitional Search Committee 80 Other Statutory Disclosures 82 Council’s Annual Statement 84 Independent Auditor’s Report to the Members of Co-operative Group Limited Only Financial accounts 92 Consolidated Income Statement 93 Consolidated Statement of Comprehensive Income 94 Consolidated Balance Sheet 95 Consolidated Statement of Changes in Equity 97 Consolidated Statement of Cash Flows 98 General Accounting Policies 103 Notes to the Financial Statements The Co-operative Group Annual Report 2014 2 Strategic report Directors’ report Financial accounts Strategic report 4 A Message from Group Chair – Allan Leighton 5 Headlines 6 Report from Former Group Chair – Ursula Lidbetter
    [Show full text]
  • Innovation in the Governance of Large Cooperative Businesses: the Alarming Case of Uk Co-Operative Group
    Cooperatives’ Power of Innovation Texts selected from the international call for papers INNOVATION IN THE GOVERNANCE OF LARGE COOPERATIVE BUSINESSES: THE ALARMING CASE OF UK CO-OPERATIVE GROUP Johnston BIRCHALL1 Abstract The Co-operative Group is one of the world’s largest consumer cooperatives. Because of recent catastrophic losses, the Group has lost control of its subsidiary, the UK Co-operative Bank, and is now itself on the verge of bankruptcy. Its governance is being completely restructured, with the current board being replaced by an expert “plc”-type board and a member representative council. This paper explains how the Group’s current governance structure has come about. Then it provides a summary of what has happened since its current troubles began in 2009, asking what has gone wrong and why. It asks who is to blame: Is it a failure of management or of governance? Governance has to take a large part of the blame; recent innovations have led to the current peculiar and unsatisfactory governance structure. The paper explains the work of this author and his colleagues at Co-operatives UK in providing critical input to the governance redesign process. It draws on an analytical framework outlined in Birchall’s study of the world’s largest cooperatives (2014) to provide a method for evaluating alternative governance structures. Résumé Le Co-operative Group est une des plus grandes coopératives de consommateurs au monde. Dû à de récentes pertes catastrophiques, le Groupe a perdu le contrôle de sa filiale, la UK Co-operative Bank, et est désormais lui-même au seuil de la faillite.
    [Show full text]
  • The Co-Operative Bank Plc Annual Report and Accounts 2013 Overview Strategic Report Corporate Governance Risk Management Financial Statements Other Information
    The Co-operative Bank plc The Co-operative Bank plc Annual report and accounts Annual report and accounts 2013 2013 Overview Strategic report Corporate governance Risk management Financial statements Other information Contents Page Page Key Performance Indicators Risk management 3 Bank performance 70 Risk Governance structure 71 Board and sub-committees Strategic report 72 Executive and Management Committees 7 Chairman’s statement 75 Risk management 8 Our two business areas: Core and Non-core 117 Capital management 9 Our strategy 10 Business model Financial statements 11 Chief Executive’s review 124 Independent auditor’s report to the members 13 Summary financial review of The Co-operative Bank plc only 15 Detailed financial review 127 The Bank financial statements 21 Detailed financial review – Outlook 134 Notes to the Bank financial statements 22 Detailed financial review – An update on capital raising 220 The Company financial statements 23 Detailed financial review – Key Performance Indicators 226 Notes to the Company financial statements 25 Detailed Key Performance Indicators 26 Principal risks and uncertainties Other information 29 Social, community and human rights 265 Shareholder information 30 Group structure 266 Glossary 274 Forward looking statements Corporate governance 275 Appendix 1 – EDTF recommendations 32 Biographies of the Board 34 Directors’ report 36 Corporate Governance report 44 Audit Committee report 51 Risk Committee report 54 Nomination Committee report 55 Values and Ethics Committee report 57 Board effectiveness 58 Statutory disclosures information 59 Statement of Directors’ responsibilities 60 Directors’ Remuneration report The Co-operative Bank plc Annual report and accounts 2013 1 Overview Strategic report Corporate governance Risk management Financial statements Other information Key Performance Indicators The Key Performance Indicators presented below4 reflect the way in which the performance of the Bank was measured in 2013.
    [Show full text]
  • Innovation in the Governance of Large Cooperative Businesses: the Alarming Case of Uk Co-Operative Group
    CORE Metadata, citation and similar papers at core.ac.uk Provided by Stirling Online Research Repository Cooperatives’ Power of Innovation Texts selected from the international call for papers INNOVATION IN THE GOVERNANCE OF LARGE COOPERATIVE BUSINESSES: THE ALARMING CASE OF UK CO-OPERATIVE GROUP Johnston BIRCHALL1 Abstract The Co-operative Group is one of the world’s largest consumer cooperatives. Because of recent catastrophic losses, the Group has lost control of its subsidiary, the UK Co-operative Bank, and is now itself on the verge of bankruptcy. Its governance is being completely restructured, with the current board being replaced by an expert “plc”-type board and a member representative council. This paper explains how the Group’s current governance structure has come about. Then it provides a summary of what has happened since its current troubles began in 2009, asking what has gone wrong and why. It asks who is to blame: Is it a failure of management or of governance? Governance has to take a large part of the blame; recent innovations have led to the current peculiar and unsatisfactory governance structure. The paper explains the work of this author and his colleagues at Co-operatives UK in providing critical input to the governance redesign process. It draws on an analytical framework outlined in Birchall’s study of the world’s largest cooperatives (2014) to provide a method for evaluating alternative governance structures. Résumé Le Co-operative Group est une des plus grandes coopératives de consommateurs au monde. Dû à de récentes pertes catastrophiques, le Groupe a perdu le contrôle de sa filiale, la UK Co-operative Bank, et est désormais lui-même au seuil de la faillite.
    [Show full text]
  • Project Verde
    House of Commons Treasury Committee Project Verde Sixth Report of Session 2014–15 Volume II Oral evidence Ordered by the House of Commons to be printed 21 October 2014 HC 728–II [Incorporating HC 300, Session 2013-14] Published on 23 October 2014 by authority of the House of Commons London: The Stationery Office Limited £21.50 Treasury Committee The Treasury Committee is appointed by the House of Commons to examine the expenditure, administration, and policy of H M Treasury, HM Revenue and Customs and associated public bodies. All publications of the Committee (including press notices) and further details can be found on the Committee’s web pages at www.parliament.uk/treascom. Current membership Mr Andrew Tyrie MP (Conservative, Chichester) (Chairman) Steve Baker MP (Conservative, Wycombe) Mark Garnier MP (Conservative, Wyre Forest) Stewart Hosie MP (Scottish National Party, Dundee East) Mr Andy Love MP (Labour, Edmonton) John Mann MP (Labour, Bassetlaw) Mr Pat McFadden MP (Labour, Wolverhampton South West) Mr George Mudie MP (Labour, Leeds East) Jesse Norman MP (Conservative, Hereford and South Herefordshire) Teresa Pearce MP (Labour, Erith and T hamesmead) David Ruffley MP (Conservative, Bury St Edmunds) Alok Sharma MP (Conservative, Reading West) John Thurso MP (Liberal Democrat, Caithness, Sutherland, and Easter Ross) Powers The Committee is one of the departmental select committees, the powers of which are set out in House of Commons Standing Orders, principally in SO No 152. These are available on the Internet via www.parliament.uk. Publication The Reports and evidence of the Committee are published by The Stationery Office by Order of the House.
    [Show full text]
  • The Co-Operative Group Annual Review 2012 the Co-Operative Group Annual Review 2012
    The Co-operative Group Annual Review 2012 The Co-operative Group Annual Review 2012 Our 2012 Headlines Group financial performance Gross sales: Underlying operating profit: Over £100m paid out to and on behalf of members £13.5bn £54m £528m capital investment Food Underlying operating profit: New food stores: £22m £288m 83 invested in Avonmouth (down £30m) distribution centre Banking Group Underlying operating profit/loss: Agreed Heads of Terms Core business: with Lloyds Banking 8.2% £120m profit (down £53m) Group for purchase of increase in primary Non-core business: Verde business, including account openings £377m loss (down £380m) 632 branches Specialist Businesses Underlying operating profit: UK’s first major consumer brand to be 5 £107m awarded an ABS licence hospital outpatient (up £8m) dispensaries opened The Co-operative Group Annual Review 2012 1 Here for you for life A co-operative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. They are based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others. – International Co-operative Alliance Inside this year’s review: Overview Performance Governance and Financials 2 About the Co-operative Group 12 Food 22 Financial statistics 4 Range of interests 14 Banking Group 24 Board of Directors 6 Chair’s overview 16 Specialist Businesses 26 Management Executive 8 Chief Executive’s overview 18 Estates 27 Payments to and on behalf 10 Group vision and performance 19 Our people of members 20 Social goals 28 Independent auditor’s report The Co-operative Group 2 Annual Review 2012 About the Co-operative Group Member owned model Membership lies at the heart of our business.
    [Show full text]
  • The Co-Operative Group Annual Report 2013 Strategic Report Directors’ Report Financial Accounts
    The Co-operative Group Annual Report 2013 Strategic report Directors’ report Financial accounts Contents Strategic report 03 A message from Ursula Lidbetter 04 Key Events 05 Key Performance Indicators 06 Report from Group Chair – Ursula Lidbetter 07 Interim Group Chief Executive report 09 Strategic and business model 10 Finance review 15 Business review 15 – Food 15 – General Insurance 16 – Funerals 16 – Pharmacy 16 – Co-operative Legal Services 17 – Electrical 17 – Estates 17 Discontinued operations 17 – The Co-operative Bank Plc 18 – Life and Savings 18 Our People 19 Social Goals Directors’ report 23 Principal risks and uncertainties 29 Board biographies 30 Board composition 31 Executive biographies 32 Governance review 38 Group Audit and Risk Committee report 42 Remuneration report 59 Other Statutory disclosures 61 Independent auditor’s report Financial accounts 63 Consolidated income statement 64 Consolidated statement of comprehensive income 65 Consolidated balance sheet 67 Consolidated statement of changes in equity 69 Consolidated statement of cash flows 70 General Accounting Policies 75 Notes to the financial statements 181 Analysis of profits from regional business activities The Co-operative Group Annual Report 2013 01 Strategic report Directors’ report Financial accounts Strategic report 03 A message from Ursula Lidbetter 04 Key Events 05 Key Performance Indicators 06 Report from Group Chair – Ursula Lidbetter 07 Interim Group Chief Executive report 09 Strategic and business model 10 Finance review 15 Business review 15 – Food 15 – General Insurance 16 – Funerals 16 – Pharmacy 16 – Co-operative Legal Services 17 – Electrical 17 – Estates 17 Discontinued operations 17 – The Co-operative Bank Plc 18 – Life and Savings 18 Our People 19 Social Goals The Co-operative Group Annual Report 2013 02 Strategic report Directors’ report Financial accounts A message from Ursula Lidbetter This report will make painful reading for our Members, customers, colleagues and other stakeholders.
    [Show full text]
  • The Co-Operative Group Building for the Future Annual Report & Accounts 2011
    The Co-operative Group Building for the future Annual Report & Accounts 2011 good for everyone Introduction Building the 1 Headlines 2 Who we are right momentum 3 What we do 2011 has been a time of severe challenge for the UK 4 Chair’s overview economy. Customers and businesses alike have been Business review assailed by rising costs, credit squeeze and uncertainty 6 Group Chief Executive’s overview about the future to an extent unparalleled in recent times. 8 Key Performance Indicators Against this background we have performed solidly, delivering profitability in line with expectations while maintaining our core capital and liquidity. 10 Performance review More importantly, we have been building for the future and investing in the 16 Financial review services, systems and structure we need to deliver real value to our customers 19 Our people and members, while setting out to realise the true potential of our brand. 20 Social goals It is especially in hard times like these, that our customers and members look to us to hold firm in our commitment to bring both value and values to 22 Principal risks and uncertainties the market. Our investment in our vision and plans for long term growth mean Governance that when better times come – and they will – we will have the foundations in place to build lasting success. 26 The Co-operative Group Board of Directors 28 Management Executive 29 Report of the Group Board of Directors (including Corporate governance statement) 37 Remuneration report Financials 47 Independent auditor’s report 48 Consolidated
    [Show full text]
  • The Co-Operative Group Annual Report 2012
    The Co-operative Group Annual Report 2012 The Co-operative Group Annual Report 2012 Here for you for life The Co-operative Group Annual Report & Accounts 2012 Our 2012 Headlines Group financial performance Gross sales: Underlying operating profit: Over £100m paid out to and on behalf of members £13.5bn £54m £528m capital investment Food Underlying operating profit: New food stores: £22m £288m 83 invested in Avonmouth (down £30m) distribution centre Banking Group Underlying operating profit/loss: Agreed Heads of Terms Core business: with Lloyds Banking 8.2% £120m profit (down £53m) Group for purchase of increase in primary Non-core business: Verde business, including account openings £377m loss (down £380m) 632 branches Specialist Businesses Underlying operating profit: UK’s first major consumer brand to be 5 £107m awarded an ABS licence hospital outpatient (up £8m) dispensaries opened For a definition of the Trading Group and Banking Group, refer to page 61. For a definition of the core and non-core split in Banking Group, refer to page 64. A reconciliation of underlying operating profit to (loss)/profit before tax can be found on page 65. Overview The Co-operative Group Annual Report & Accounts 2012 1 Here for you for life Performance A co-operative is an autonomous association of persons united voluntarily to meet their common economic, social, Governance and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. They are based on the values of self-help, Financials self-responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others.
    [Show full text]
  • Co-Operation Halted?
    Matthews.qxp 04/08/2014 13:54 Page 74 74 The forward 2012 was a great year for the Co-operative Movement. The United Nations had march of designated it as the International Year of the Co-operation Co-operatives. Dame Pauline Green, President of the International Co-operative halted? Alliance, addressed the United Nations and UN Secretary-General Ban Ki-moon told the world that, Nick Matthews ‘Co-operatives are a reminder to the international community that it is possible to pursue both economic viability and social responsibility.’ Co-ops UK and the Co-op Group rose to the occasion with a major conference and exhibition in Manchester called ‘Co-ops United’ (apologies to City fans!) Even David Cameron was swept along by ‘Big Society’ rhetoric and agreed to support one of the objectives of the Year, governments’ consolidation of Co-op legislation, through a new Co-operatives and Community Benefits Societies Act. Corporate capitalism was on the ropes; the co- Nick Matthews is a lifetime operative and mutual sector had weathered socialist and co-operator the banking crisis and was growing. who chairs Co-operatives Entering 2013, Co-ops had never had a UK, which brings together more favourable press; in the public’s eyes, organisations as diverse as we were a ‘good thing’. the Co-op Group, Suma Then the sky fell in; 9 May 2013 was the Wholefoods and the day of reckoning, when the ratings agency Woodcraft Folk. He Moody’s downgraded the Co-operative examines the problems that Bank’s debt rating to ‘junk’ status.
    [Show full text]
  • Co–Operative Management
    Journal Cover+spine Aug 2014_Layout 1 10/11/2014 10:24 Page 1 ISSN 1741 –4814 The INTerNATIoNAl JoUrNAl of T H E I N T Co –operative E R N A T I O N ManageMent A L J O U VOLUME 7 NUMBER 1 AUGUST 2014 R N A L O F C O - O P E R A T I V E M A N A G E M E N T Future Issues: Service Sector Co-operatives Worker Co-operatives V O L THIS ISSUE: Sustainability: Co-operative initiation U M E GOVERNANCE, ACCOUNTING AND ACCOUNTABILITY The UK Co-operative decline: Can it be reversed? 7 AND FUTURE PERSPECTIVES Trade Union Co-operative relation: Short term or strategic? EFEREED APERS: EW PPROACHES O GOVERNANCE N ORKER O- PERATIVES. R P N A T I W C O Developing themes: N Character, attitudes and values: Developing the Co-operative Manager U THE UK CO- OPERATIVE GROUP CRISIS AND- GOVERNANCE FAILURES. M Strategies for globalisation B CO- OPERATIVE BOARD PERFORMANCE. ECONOMETRIC MODELLING FOR E R PERFORMANCE AND GOVERNANCE IN AGRICULTURAL CO- OPERATIVES. Resource depletion and climate change: The Co-operative response 1 MULTI STAKEHOLDER MANAGEMENT IN CO- OPERATIVES. EXECUTIVE OPINION: INTEGRATED ACCOUNTING AND REPORTING AT VANCITY. A U G GOVERNANCE AND SUSTAINABILITY IN TIMES OF RAPID CHANGE IN THE U S CO- OPERATIVE AGRICULTURAL SECTOR. CO- OPERATIVES UK CODES OF CONDUCT. T 2 GOVERNANCE CHALLENGES FOR CO- OPERATIVE BANKING FROM AFRENCH 0 1 4 PERSPECTIVE Co-Operative Management_Journal_aug.2014 (alis dyanna's conflicted copy 2014-09-02)_Layout 1 29/10/2014 19:05 Page 3 International Journal of Co-operative Management Editor Dr.
    [Show full text]