Dame Pauline Green on co-operatives

In celebration of the United Nations International Year of Co-operatives 2012, bankmecuTV profiles Dame Pauline Green, Chair of the UN Advisory Group for the International Year.

Co-operatives are certainly not ‘business as usual’ says Dame Pauline. “They are a huge global movement of ‘people centred businesses’ with a social agenda. There are one billion member owners of co-operatives across the world and hundreds and thousands of co-operatives globally … together they employ 100 million people.

“The largest 300 co-operatives, alone, are worth 1.6 trillion US dollars, equivalent to the GDP of Spain the world’s 9th largest economy. The co-operative’s time is now”, she argues. “They can be a powerful catalyst for change and will play a critical role in ushering in a new era of socially responsible business”.