A cooperative and modern business, CMB is the fruit of its history, past and recent, and the values deriving from experience that have enabled it to combine economic and employment growth, security and social progress.


Articles of association

The articles of association are a fundamental legal instrument that regulates the organization and operations of the cooperative. They establish the registered office, the duration of the cooperative, its mutualistic purpose and relations with the cooperative’s members. It also sets out the ethical principles underlying the business (art. 5), the management bodies, technical and administration operations, the conduct of members and participation in the cooperative.

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Cooperative Regulations

The regulations are internal instruments to establish clear and well-defined rules to follow. The six regulations refer to the conduct of any additional employment relationship of the members, the cooperative’s corporate governance and organization, cooperative and mutualistic relations of the members, loans to members, the regulation of investor members and the fund for technological development, business restructuring and development, and capital shares in the cooperative.

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Ethical code

The Ethical Code is the tool chosen by CMB to promote the concrete application of the values on which the social contract and the principles established by the Cooperative Articles of Association are based. It lays down the requirements and constraints which must underpin business activities. The document condemns any breach of human rights and any form of relationship with criminal or illegal activities which are contrary to the cooperation’s principles.

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Quality, safety and environmental policies

To guarantee the best possible result with regards to its activities relating to health, safety and environmental protection, CMB has decided to promote the development and continuous improvement of an organic and complete management tool. The Integrated Management System (IMS) implements the cooperative’s policies for quality, safety, employment and the environment. All staff are called upon to apply the management system as appropriate to their position in the cooperative.

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Social Responsibility Program

Corporate social responsibility is an integral part of CMB’s founding values, and is an increasingly important aspect for viewing business development. Staff participation in the management of the business, mutuality, and commitment to economic results in order to generate corporate value through projects undertaken by the company. See below the texts relating to the Corporate Social Responsibility of CMB and subsequent updates.

> Social Responsibility Program 2009-2011

> One hundred years of Cooperative Membership 1908-2008

> Corporate Social Responsibility Plan 2006-2008


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