Published 04-10-19
Issued by Co-operative Group
The Co-op is one of the world’s largest consumer co-operatives, with over 4.6 million active members. Its purpose is ‘Championing a better way of doing business for you and your communities’.
The Co-op is one of the world’s largest consumer co-operatives, with over 4.6 million active members. Its purpose is ‘Championing a better way of doing business for you and your communities’.
Today the Co-op announces the launch of its 13th annual sustainability report.
“The challenges we face in our communities, as a nation, and globally, mean the values of co-operation are looking more relevant and more urgent than at any time in our history. More and more people expect to see big business operate in ways that are both just and responsible.
"Our co-operative way of thinking means that traditional measures such as growth, sales and profit are important to us – but not sufficient. Our ambition is far greater. We set out to create ‘value’ for our members in its broadest sense and respond to the issues that most concern them.
"The Co-op Way report brings together our commitments and our progress as we work to be a business that fully understands the role we must play in our world.”
Steve Murrells, Co-op CEO
The 2018 Report demonstrates the Co-op’s commitment to transparency, helping members and other stakeholders understand performance and progress on the issues that matter to them.
2018 highlights include:
Looking ahead, the Report sets out targets and identifies emerging themes for the coming years. These will support the Co-op’s ambition to build a ‘Stronger Co-op and Stronger Communities’, and include: making progress to better understand the shared value the business generates, setting out a new Community Plan and working towards new targets to reduce direct and indirect greenhouse gas emissions in line with the scientific basis to keep global warming below 2°C.
The Report is independently assured by DNV GL.
Read the Report: coop.co.uk/sustainabilityreport
Media Contact:
Jenna Moss, Press and Media Manager
Mobile: 07770441828
E-mail: jenna.moss@coop.co.uk
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