eople-centred business
What exactly is a co-operative, and why does it deserve a whole year of recognition? A co-operative (or “co-op”) is a business owned and run by its members. These members might be customers, employees, local residents or a combination of groups. Everyone has an equal say in how the organisation is run and how profits are used. Unlike traditional businesses that put shareholder profit first, co-operatives exist to meet the needs of their members and reinvest in their communities. This people-first model is based on values such as: Democracy, Equality, Sustainability, and Community support.
Why 2025? Co-operatives are everywhere—from food stores and farms to housing, health care, and energy services. Globally, there are over 3 million co-ops supporting more than one billion people. The United Nations and global co-operative networks are using 2025 to highlight their vital role in addressing social and environmental challenges—from climate change to cost-of-living pressures. The theme for this year is about showing how co-ops are “Building a better future for all” by putting people, not profit, at the heart of business.
If you're interested in discovering more about co-operatives and how they work, here are some helpful resources:
Co-operatives UK – What is a co-operative? International Co-operative Alliance (ICA)
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Jigsaw - Summer 2025
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