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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

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