Top 300 co-operatives are worth over 2 trillion

PRESS RELEASE

From Co-operative News article released on 05 November 2013

The world’s top 300 co-operatives have continued to grow, achieving an overall turnover of USD $2,097 billion in 2011. The results of the survey confirm an increase from 2010, when the world’s top 300 co-operatives, distributed in 24 countries, had a turnover of USD $1,975 billion.

Released at the Global Conference of the International Co-operative Alliance, the World Co-operative Monitor collected data on the world’s largest co-operatives as of 2011.

By applying the Global300 methodology to data collected by the World Co-operative Monitor, the ICA, with the support of EURICSE, identified the top 300 co-operatives and mutuals in terms of revenue. This exercise revealed that the world’s top 300 co-operative and mutual organisations, spread across 23 countries, were worth over USD $ 2 trillion.

[…] Apart from monitoring the economic impact of the sector, EURICSE also focused on the social dimension of the sector by showcasing some of the most successful co-operatives in the world. Case studies include one of Indonesia’s largest co-operatives, Koperasi Warga, Canadian insurance co-operative, The Co-operators, and Finnish retailer, SOK Corporation.

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