PEOPLE MEETING COMMON ECONOMIC, SOCIAL AND CULTURAL NEEDS TOGETHER
Co-operatives and Mutuals around the world
Co-operation is not a marginal phenomenon. More than 1.2 billion people, one in every six people on the planet, are members of any of the 3 million co-operatives in the world! They are strong and healthy: the Top 300 co-operatives and mutuals report a total turnover of 2.1 trillion USD, according to the World Co-operative Monitor (2018).
- International Co-operative Alliance
The International Co-operative Alliance is the apex organisation for co-operatives worldwide. Established in 1895 to advance the co-operative model, it represents 304 co-operative federations and organisations across 105 countries. The International Co-operative Alliance represents 1.2 billion people through its membership from the 2.6 million co-operatives worldwide. One in every six people on the planet are co-operators.
- Cooperatives Europe
Cooperatives Europe is the voice of cooperative enterprises in Europe, representing the International Co-operative Alliance.
- Co-operatives of the Americas
The regional office of the International Co-operative Alliance for the Americas.
- The Alliance Africa
The regional office of the International Co-operative Alliance for Africa.
- International Co-operative Alliance Asia-Pacific
The regional office of the International Co-operative Alliance for the Asia-Pacific.
- Customer Owned Banking Association (COBA) (National Peak)
COBA is the industry advocate for Australia’s customer-owned banking sector.
- Instil (National Peak)
Instil is the peak professional body for mutual directors, managers and employees in Australia.
- Co-ops NSW (State Peak)
Co-ops NSW is the peak body for co-operatives in NSW.
- Co-operatives WA (State Peak)
Co-operatives WA is the peak body for co-operatives in WA.
- Employee Ownership Australia (Supporting organisation)
Employee Ownership Australia is an active voice for broad-based employee ownership and dynamic workplace participation in Australian and New Zealand companies. It works with government and individual companies to implement employee ownership or employee share plans.
Co-operatives in Australia
Co-operative and mutual enterprises are a significant contributor to the Australian economy. 8 in 10 Australians are members of at least one co-operative or mutual, with many being members of multiple entities (there are 31.3 million memberships in Australia). Total value added of the co-operative and mutual sector is $140 billion – 8.3% of GDP, and, excluding mutual super funds, total revenue of the top 100 co-operatives and mutuals is $31.9 billion. The sector provides core business support for over 160,000 businesses.
The contribution of the CME sector to the Australian Economy
The information below is from T Mazzarol, Australia’s Leading Co-operative and Mutual Enterprises in 2019, which is part of the CEMI Discussion Paper series.
CMEs play a vital and quantifiable role locally and internationally. The data shows:
- International Co-operative Alliance, webpage on co-operatives facts and gures, viewed on 6 November 2019
- International Co-operative Alliance and Euricse, World Co-operative Monitor 2018: Exploring the cooperative economy, 2018, viewed on 6 November 2019
Source: 2019 NME Report