The highly competitive Co-operative Awards has recognised The Midcounties Co-operative as the Co-operative of the Year 2012.
One of the largest co-operative businesses in the UK, The Midcounties Co-operative, which includes successful subsidiary Co-operative Energy, scooped the top accolade after impressing other co-operatives, who were responsible for voting for the winner, with its strong financial performance and socially responsible activities.
Since launching in 2011, Co-operative Energy has gained over 50,000 customers and is Britain’s fastest growing energy supplier, thanks to its simple tariff and competitive pricing. Alone amongst energy suppliers, Co-operative Energy is freezing its prices this winter.
Ben Reid OBE, chief executive of Midcounties, said: “The annual awards celebrate excellence, innovation and ethics in co-operation. To be named co-operative of the year is a huge achievement for our business.
“The award is testament to the hard work and passion each individual employee has contributed day in day out since our launch in 2011.”
Ed Mayo, secretary general of Co-operatives UK, said: “The Midcounties Co-operative has shown outstanding performance in all areas – they combine solid commercial performance, innovations like Co-operative Energy and an active programme to involve members in the business. We’re delighted that The Midcounties Co-operative has won the 2012 Co-operative of the Year Award.”
The award winners were announced at the Co-operative United Festival in Manchester, where co-operatives from across the globe gathered to mark the end of the United Nations International Year of Co-operatives.