Tag: co-op

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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Co-op and Warm Welcome Campaign announce partnership to support ‘warm spaces’ this Winter

Stuart Mitchell

As the cost of energy rises for households across the UK, Co-op and the Warm Welcome Campaign have joined together to help grow the number of Warm Welcome Spaces and help people stay warm this winter. The Warm Welcome Campaign’s vision is to enable a more deeply connected society where everyone has free access to welcoming community spaces and can access support, particularly if they are affected by the cost-of-living crisis and loneliness. In the two years since it launched, the Warm Welcome Campaign has helped an average 120,000 people…

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Co-op’s solar power project set to turbo charge its own green energy supply

Stuart Mitchell

Co-op has announced its ambitions to install solar panels on a target of up to 700 sites across its food, funeralcare and logistic portfolio across the UK over the next three years. As part of its journey to increase the amount of renewable power that it directly procures, Co-op is aiming to deliver 30,000 MWh generation of solar energy – which is enough to power the equivalent of around 12,500 homes – through the installation of up to 76,000 solar panels. Additionally, adding the solar panels across the consumer co-operative’s…

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Co-op Launches National Inclusion Campaign to Highlight the Power of Co-operation

Stuart Mitchell

To mark National Inclusion Week in September, Co-op have launched a new national outdoor and social media campaign which champions communities and the diversity that makes them special, alongside a new Social Mobility, Inclusion and Belonging strategy. The campaign, featuring manifesto-style poster mega banners in Manchester and Liverpool has a bold, brand point of view, stating that while ‘Hate Divides Communities. Co-operation builds them’. Reinforcing Co-op’s cooperative values and investment in supporting community causes that are important to its member-owners. The outdoor campaign focuses on high traffic, city centre areas…

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