Milestones

In January, the cooperative Up (also the parent company of Up Group) and its Italian subsidiary Up Day incorporated their impact company model into their status - becoming a "mission company" for the cooperative and a "Sociétà Benefit" for UpDay.

These two impact company models further underline the Up Group's ambition to position itself as a responsible and committed player, aware of its impact on society.

Upcoop has thus adopted a purpose : "Sustainable cooperation for socially useful and local purchasing power" and 5 mission objectives.

Developments in recent years have made it possible to simplify user experience and improve use orientation toward responsible consumption: multi-benefit cards, the Up+ program which provides offers relating to sustainable food and city center revitalization, the "Achieving responsible consumption together" program, partnerships with labels or responsible networks, developing "responsible consumption" solutions and applications (locating outlets that offer responsible consumption, a blog, anti-waste solution, carbon calculator, etc.)

On 17 June 2023, the 648 member employees elected a new mixed Board of Directors. In addition to these elected representatives, there are 3 external directors, representing the Trade Union Confederations, and 3 representatives of the Economic and Social Committee. This new Board renewed Youssef Achour as Chairman.

In 2023, the first social impact report of the Up Foundation looks back on 5 years of activity in support of social cohesion. From the establishment of the Foundation in 2017 to the end of 2022, 47 projects will have been supported in 4 areas: food, health, housing, education and culture - in 14 countries, thanks to funding in the amount of 1.5 million euros.

In 2024, the UpCoop cooperative, which founded Up group, is celebrating its 60th anniversary. Above all, this anniversary celebrates 60 years of cooperation and social innovation.