MAY 2018
The May 2018 edition of Co-op News: connecting, challenging and championing the global co-operative movement. This issue shines a spotlight on governance – and how co-operatives do it differently. We also look at co-ops on the agenda in Westminster, sustainability supporting and preview some of the motions being put to the vote at the Co-op Group AGM.
The May 2018 edition of Co-op News: connecting, challenging and championing the global co-operative movement. This issue shines a spotlight on governance – and how co-operatives do it differently. We also look at co-ops on the agenda in Westminster, sustainability supporting and preview some of the motions being put to the vote at the Co-op Group AGM.
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GLOBAL<br />
Keynote speakers<br />
announced for ICA<br />
research conference<br />
This year’s ICA global research conference<br />
will look at the role of co-operatives in a<br />
rapidly changing world.<br />
The conference, held from 4-6 July at<br />
Wageningen University in the Netherlands,<br />
will look at internal governance, the rise<br />
of producer organisations, resilience,<br />
sustainability, education and big data.<br />
Keynote speakers include Wiebe Draijer,<br />
chair of Rabobank, who will look at the<br />
history of European financial co-ops, to<br />
mark the 200th anniversary of the birth of<br />
Friedrich Wilhelm Raiffeisen, the founder<br />
of co-op banking.<br />
Simel Esim, head of the Cooperatives<br />
Unit at the International Labour<br />
Organization, will focus the future<br />
of work. She will reflect on changing<br />
technology and the impact of climate<br />
change on demographics, and the co-op<br />
and solidarity economy response.<br />
And Prof Murray Fulton, from the<br />
University of Saskatchewan, will look at<br />
new trends in co-op research, followed by<br />
a panel discussion.<br />
AUSTRALIA<br />
Murray Goulburn<br />
shareholders approve<br />
sale to Saputo<br />
Shareholders at Australian dairy co-op<br />
Murray Goulburn have approved<br />
the sale of its operating assets<br />
and liabilities to Canadian dairy<br />
giant Saputo for A$1.31bn.<br />
The resolution was approved by nearly<br />
98% of the vote at an extraordinary<br />
general meeting in Melbourne, which<br />
also approved an initial distribution of 80<br />
cents a share or unit within 10 business<br />
days of completion.<br />
The sale, expected to be finalised on<br />
1 May, has also been given the green light<br />
by Australia’s competition regulator, but<br />
has still to be approved by the Foreign<br />
Investment and Review Board.<br />
Murray Goulburn will keep about $235m<br />
from the sale, with $195m set aside for any<br />
legal action it still faces.<br />
Coop Switzerland launches locally sourced ‘Hay Milk’<br />
Swiss retailer Coop has launched<br />
‘Heumilch’ (‘Hay Milk’), a new line of<br />
milk, cream, cheese and butter products<br />
that uses milk sourced from cows<br />
fed exclusively on Swiss hay. “Cows<br />
producing hay milk must spend at least 26<br />
days a month on pasture in summer and<br />
have access to outdoor areas all year,”<br />
says the co-op.<br />
Co-ops in Mauritius urged to adopt better governance<br />
Co-operatives must embrace new<br />
principles of good governance to avoid<br />
financial scandals and malpractices,<br />
the Mauritian minister of business,<br />
enterprise and co-operatives has said. Mr<br />
D. Kona Yerukunondu, chair of MCAL, the<br />
apex body for co-ops in Mauritius, said<br />
the organisation should be considered<br />
the mouthpiece of the national<br />
co-op movement.<br />
Solar co-op transforms the economy of a farming community<br />
A village in India has seen its fortunes<br />
change after setting up a solar co-op<br />
to power their irrigations systems. The<br />
Dhundi Saur Urja Utpadak Sahakari<br />
Mandali co-op (DSUUSM) was set up two<br />
years ago and sees nine farmers irrigate<br />
their fields using solar pumps; they also<br />
sell surplus power to the Madhya Gujarat<br />
Vij electricity company.<br />
World Council offers courses via eLeadership AcademyTM<br />
The World Council of Credit Unions<br />
(WOCCU) is launching a series of online<br />
learning programmes for members as well<br />
as the global credit union community.<br />
The organisation, which represents<br />
credit unions from across the world,<br />
is collaborating on the project with<br />
eLeadership AcademyTM,<br />
New co-op to help Canada’s indigenous fish harvesters<br />
A co-operative is being formed in<br />
Manitoba, Canada, by a group of<br />
100 fish harvesters to market their<br />
product. The group has set up a steering<br />
committee to form the co-op, which will<br />
support an industry mostly made up of<br />
indigenous and Métis people, and has<br />
sought legal advice on the model.<br />
<strong>MAY</strong> <strong>2018</strong> | 21