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History

History. MEC Charter. Quality Integrity Co-operation Creativity Leadership Sustainability Stewardship Humanity Adventure. Economic Goals. Do not aim to maximize profit Economically viable and resilient business model in the short and long-term Economic priorities include:

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History

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  1. History

  2. MEC Charter Quality Integrity Co-operation Creativity Leadership Sustainability Stewardship Humanity Adventure

  3. Economic Goals • Do not aim to maximize profit • Economically viable and resilient business model in the short and long-term • Economic priorities include: • Building strong cash flow • Effective movement of inventory • Store development • Product development and management of costs of goods • Training and engagement

  4. Economic Goals MEC bases their yearly economic assessment on 2 key performance indicators • 2.5% increase in sales each year • Inventory turnover rate of 2.3% Annual Inventory Turnover Rate (%) Annual Sales (in Millions)

  5. MEC Loonie $92 million on operating costs in 2012

  6. 1% For the Planet • Joined in 2007an alliance of businesses who believe in providing financial support to environmental initiatives • 1% of the pre-tax revenues goes to Canadian environmental causes • $2, 485, 000 donated in 2012 • Partnerships and recipients of donations include organizations such as: • Canadian Parks and Wilderness Society • Leave No Trace Canada • Canadian Avalanche Center • Many Others

  7. Environmental Performance • 92% waste diversion, 94% by 2017 • C2000 Green Building Standard -50% reduction (energy) • Bullfrog Power – 13% in 2007 • 53% products certified bluesign (2012) • Sustainable textile production – less water, harmful chemicals • Member Sustainable Apparel Coalition Store programs • Roll packing – plastic savings • Gear swap • Battery return program • Cotton 100% organic • No single-use plastic bags in stores 

  8. Social Abroad • Factory audits + supplier code of conduct Local • Employee satisfaction • Community Outreach

  9. Competitors

  10. Strengths Economic • Do not aim to maximize profit to ensure adherence to the Charter • Members invest capital via membership fee • No direct competitor Environmental • Facilities are LEED Certified • Waste diversion at 92% • 1% for the environment Social • Since 2005 the number of violation have decreased • Employee satisfaction • Retail experience

  11. Challenges Economic • growth and expansion Environmental • GHG emissions (transport) does not include factory performance, equipment materials Social • factory violations, employee turnover rate 45% in 2012, member participation/engaging members

  12. Discussion Does the co-op model encourage sustainability?

  13. Discussion

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