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What inspiring action has a cooperative, cooperative bank, or mutual insurance company recently taken? A new initiative for the benefit of the local community? A significant member benefit?
Pellervo Coop Center’s Director of Cooperation Kari Huhtala’s dissertation on the governance of Finnish agricultural co-operatives shows that agricultural cooperatives are critical in appointing external experts to their boards. The number of women on these boards is also quite low and has not increased over the past ten years. The governance culture of cooperatives favors board selections from within the cooperative.
Despite their success, cooperatives remain an invisible giant in the education offered by higher education institutions in Finland. Finland has some professors focusing on cooperative studies and also professors of practice funded by cooperatives and mutual companies.
1. Cooperatives to be taken into account in business regulation.
2. A cooperative provides a fair foundation for social and platform economies.
3. The cooperative model facilitates the reconstruction of Ukraine.
4. Cooperatives strengthen the private sector in EU external development projects.
5. Cooperative awareness must be strengthened in the EU Parliament.
Recording of the webinar held on 25. october 2023.
The investment cooperative Arvo from Ostrobothnia has been listed on the Helsinki Stock Exchange’s First North growth market. Arvo is the first cooperative whose shares are listed on Nasdaq’s stock exchange lists in the Nordic markets.
Professional fisherman, docent Tero Mustonen has received the Goldman Environmental Prize in the USA. It is the world’s most significant environmental award, also called the Green Nobel Prize. It’s a tribute to ordinary people who have done extraordinary things to protect the planet. The Prize was awarded to Finland for the first time.
Pellervo Coop Center, OP Cooperative, Tradeka and North-Carelia Cooperative (PKO) have donated 370 000 euros to the University of Eastern Finland, which will be allocated to the economics department.
A large number of Finnish business leaders and researchers appeal to the Ministers of Education and Culture to include the cooperative businesses model more strongly into the Finnish school education. The reason for this, is the common concern that the business and economic model represented by cooperative companies is now very poorly reflected in the education system.
Understanding of what cooperation is and what cooperatives are has clearly become more widespread in recent years. It is primarily due to the improved communication of cooperative businesses themselves, not school education. Still, the vast majority (64%) of the Finnish population say they are fairly poorly or not at all familiar with cooperation.
What is a cooperative? This question is now being answered by six popular Finnish social media influencers, each with their own style. The pioneering campaign aims to awaken young people aged 16 to 25.