The Espriu Foundation is taking part in the Assembly of European Co-operatives, which discusses the role of this business model in achieving SDGs

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21.05.2018

The Espriu Foundation is taking part in the Assembly of European Co-operatives, which discusses the role of this business model in achieving SDGs

Espriu Foundation managing director, Carlos Zarco, and deputy director, José Pérez, took part in the Assembly of European Co-operatives, the International Co-operative Alliance (ICA) European regional organisation representing 176,000 cooperatives, including the foundation itself.

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During the event, held in Denmark, the role of this business model in achieving Sustainable Development Goals (SDGs) came to the fore. It thus emphasises the impact of cooperatives on development cooperation, specifically rural development, renewable energy and local services.

Carlos Zarco stressed that co-operatives are sustainable and successful non-profit businesses, in which all profits are reinvested into their own structures, allowing them to generate wealth and top-quality care with top-of-the-range equipment and better salaries for doctors.

Similarly, it was discussed how co-operatives, in light of their principles and values, contribute to reducing gender inequality in business.

Zarco stressed that people and social values prevail in their DNA over economic profits. What's more, profits are reinvested to allow the company to grow and create more jobs.

On this point, and taking into account a recent International Labour Organization (ILO) study, he highlighted that health cooperatives offer opportunities for decent work in healthcare, and improving salaries and working conditions in the sector, while reducing the number of temporary conditions and job rotations.

The event was also attended by the former President of the General Assembly of the United Nations, Mogens Lykketoft; the Danish former Environment minister, Kirsten Brosbøl; the European Commission Social Policy Adviser, Patrick Develtere, and the President of the International Co-operative Alliance (ICA), Ariel Guarco. 

 

 

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