Tag: co-op

Businesses face ‘far-reaching’ challenges to help achieve clean power target, new Co-op and Green Alliance report shows

Stuart Mitchell

A new report published uncovers the critical role small businesses must play in delivering the Government’s clean energy targets, as millions continue to face significant challenges shifting to renewable electricity. The research from Green Alliance, commissioned by Co-op, uncovered that electricity usage by small and medium-sized enterprises (SME) was equivalent to 85% of all renewable electricity generated in 2024. This demonstrates the size of potential demand for renewable electricity from these organisations and the critical role that these businesses will play in the Government’s clean energy mission. Speaking to a…

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Co-op announces £820K sustainability fund for British farmers

Stuart Mitchell

Co-op announces further backing for British farmers with a new £820K fund to support sustainable farming efforts, building on the retailer’s long-term investment in UK agriculture. This significant investment by the convenience retailer will see farmers directly rewarded for their efforts in reducing carbon emissions and promoting nature on their farms across beef, lamb and dairy sectors as part of two new sustainability projects. Co-op is a long term, supporter of British farming, and was the first national UK grocer to have 100% of all its fresh and frozen chicken,…

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From Rochdale Pioneers to Global Impact: Celebrating 180 Years of Co-operation with New Development Fund

Stuart Mitchell

Rochdale’s historic Toad Lane – the birthplace of the co-operative movement – marked 180 years of co-operation on Saturday, 21 December, with the launch of the Fund for International Co-operative Development (FICD). The new fund will provide financial support and expertise to co-operatives globally, helping communities rebuild after crises, foster peace, and create sustainable economies. 180 years ago, the Rochdale Pioneers united to create a solution to the unfair prices and poor-quality food they faced. Today, as communities grapple with similar challenges in food security and supply chains, co-operatives continue…

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Co-op announces five year extension to £400m sustainability-linked revolving credit facility

Stuart Mitchell

Co-op has announced the extension of its main bank revolving credit facility for the next five years. The £400 million sustainability-linked revolving credit facility underlines Co-op’s continued commitment to a more sustainable future and aligns with ambitious sustainability and social goals targets initiated within the original facility agreement and the wider Co-op member-centric Vision and Strategy. Co-op’s Revolving Credit Facility provides a backstop liquidity source with access to additional funds should they be needed to support the Group’s vision and growth strategy. Six banks support Co-op in the extended facility,…

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Co-op extends Space to Thrive welfare standard in convenience first

Stuart Mitchell

Co-op has announced it has become the first UK convenience retailer to extend its improved chicken welfare standard across its British Breaded and Ready-To-Eat range enabling Co-op members and customers to access chicken reared in 20% more space to perch and roam, at the same great value. The 21 lines, which include Co-op’s British Breaded Chicken Goujons, British Garlic Kiev, British Roast Chicken Drumstick and British Sliced Chicken Breast, have now all been rebranded under the retailer’s Space to Thrive range, which sees chicken reared under welfare conditions that exceed…

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