The Co-operative Group Ltd is an extremely rare beast. It’s a massive national company that actually has ethics.
Founded in Rochdale in 1863 it has grown to become the worlds biggest publicly owned consumer’s co-operative. It's owned entirely by it’s 5.5 million members, which I am proud to say I am one.
The group has its fingers in a number of different pies – from funerals to properties, farming to legal services. But it’s perhaps most known for it’s grocery shops and it’s banking services.
We bank with the co-op, and have our mortgage there too. We chose them mainly because of their ethical standpoint. They do not use our money to invest in any company that violates human rights, is environmentally unsound, or exploits developing countries. You’d think that all that should be a given for a major bank, but trust me – it isn’t.
That’s not to say we pay any extra for this ethical stance though. The co-operative bank is as competitive as any other out there. What’s more, because we bank with them we are automatically members and every year get a dividend of a proportion of the companies profits. Marvellous.
Yes, this is a sponsored post. But it’s one I’m happy to write as I honestly truly believe in the ethos of this company. The fact that a principled organisation like this can thrive in the modern marketplace gives me hope for the future.
Currently the Co-operative is running a campaign highlighting the things they are doing for the community. For example they are funding a project to help protect dwindling honeybee populations in urban areas by educating city-dwellers in beekeeping. They have helped establish 20 new hives on rooftops and in community gardens and allotments across London, and they will have given training and start-up equipment to approximately 300 people by the end of 2011.
Other projects they are involved in include a community owned windfarm in Cumbria, a toy library in Wales, and a education program to support farmers to set up their own co-operatives in Kenya.
And these aren’t token gestures. They are symptoms of a real commitment to make the organisation a force for good in the world.
So how can you get involved? Well, one way is just to buy stuff from them like you probably are already doing. Even better, become a member and share in their success.
But if you want to learn more about their projects you can join their facebook page or visit their Join the Revolution webpage


















