The International Cooperative Alliance (ICA) and the European Research Institute on Cooperative and Social Enterprises (Euricse) recently released the 2019 issue of the World Cooperative Monitor (WCM), now in its eighth year. The report explores the economic and social impact of the largest cooperatives and mutuals enterprises (CMEs) worldwide; ranks the Top 300 and provides an analysis of CMEs contributions to meeting the UN Sustainable Development Goals (SDGs). The top 300 CMEs report a total turnover of over two trillion USD (2,034.98 billion USD) based on 2017 financial data. This year’s results show an increased presence of the insurance sector in the Top 300; insurance accounts for 39%, agriculture 31.7%, wholesale and retail trade 17.7%, banking and financial services 7%, industry and utilities 1%, and health, education and social care 1%. There is also new data on employment and cooperative types. In the Top 300, based on the ratio of turnover over gross domestic product (GDP) per capita ranking, two Indian producer cooperatives are in the  second and third positions, the Gujarat Cooperative Milk Marketing Federation Limited, and the Indian Farmers Fertilizer Cooperative Limited.  The report contains a special analysis of the top 300 and SDG8   (inclusive and sustainable economic growth, full and productive employment and decent work for all - SDG 8) and includes three case studies from Up Groupe (France), KRIBHCO (India), and SOK (Finland).

The entire report can be read by clicking here.