News

April 2019

Co-ops on a global scale

Did you know that at least 12% of all people on earth is a co-operator with at least one of the world’s 3,000,000 co-operatives? That includes one in every three Kiwis. The sheer scale of the global co-operative movement is awesome with co-ops employing one in ten workers – that’s 280,000,000 people. And, as the World Co-operative Monitor confirmed, the world’s top 300 co-ops and mutuals reported annual turnover of more than US$2,100,000,000,000.

Endurance within the NZ Co-op Family

Endurance is at the heart of cooperatives globally, this trait also being very evident here in NZ, writes Cooperative Business NZ Chief Executive, Craig Presland.

February 2019

Minister Parker’s a co-op fan

The cabinet minister responsible for economic development is a fan of the co-operative business model and is keen to see Kiwi co-ops take advantage of the tax credits on offer by investing more in research and development.

Solid co-op client base

ieRetail is a leading specialist provider of training design and delivery, capability development programmes and business optimisation services to the retail, supplier and services industries in New Zealand. Established in 2003, its New Zealand business, with a solid co-op client base, has expanded to include clients in the EU, UK, USA, Australia, and South Africa, covering a diverse range of major companies.

Advisory Board Experts

Faraday is a member of The Advisory Board Centre, an independent body that educates companies on how they establish, work and benefit from professional advisory boards. It also supports a network of 200 certified chairs, approved advisors and experts that service the companies in business specific challenges and opportunities. These include growth, raising capital, and family members wanting to exit the business.

January 2019

Co-operatives key to achieving UN’s sustainability targets

In this comprehensive report, Cooperative Business NZ Chief Executive Craig Presland outlines how co-operatives are pivotal to achieving the United Nations’ Sustainable Development Goals (SDG’s) by 2030. He concludes by sharing three recommendations to sustain the positive momentum.

December 2018

Foodstuffs looks after NZ

Foodstuffs North Island and South Island are two outstanding co-operatives within the NZ Co-op Family, writes Cooperative Business NZ Chief Executive Craig Presland. Foodstuffs New Zealand has recently issued its Looking After Our Patch Social Responsibility Snapshot that outlines a programme that is wide-reaching and aims to fulfil the co-operatives’ responsibilities to their teams, the wider New Zealand community and environment.

Fonterra’s drive for true sustainability

Economic, environmental and social sustainability is at the core of the co-operative business model while having a sustainable co-operative is one of three core platforms for Fonterra’s strategy, writes Cooperative Business NZ CEO Craig Presland. In many ways it is the most vital as well as the most challenging, he says. “Fonterra has a