There are many ways in which Flock is unique in its industry - this includes our social ownership structure
OUR ORGANISATIONAL STRUCTURE IS BUILT ON OUR VALUES
We are a co-operative. Co-operatives are autonomous associations of people united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.
Co-operatives are based on the values of self-help, self-responsibility, democracy, equality, equity, and solidarity. In the tradition of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others.
FOR COMMUNITY BENEFIT, NOT PRIVATE INTEREST
Our legal structure is a Community Interest Company (CIC), a legal form designed for social enterprises that restricts our profits and assets for our social objectives. As a CIC we are required to report annually to The Office of the Regulator of Community Interest Companies on how our work has been towards our stated social benefits.
Our constitutional documents are available to view here
OUR CO-OPERATIVE PRINCIPLES
Voluntary and Open Membership
The members of Flock are our workers and all workers are entitled to membership providing they are willing to accept the responsibilities of membership
Democratic Member Control
Flock is controlled by its members, who actively participate in setting our policies, strategies and making financial decisions. All members have equal voting rights (one member, one vote)
Member Economic Participation
Flock's members contribute equitably to, and democratically control, the capital of their co-operative. Members allocate surpluses for any or all of the following purposes: developing their co-operative, setting up indivisible reserves, benefiting members in proportion to their transactions with the co-operative and supporting other activities which promote our social objects and are approved by the membership
Autonomy and Independence
Co-operatives are autonomous, self-help organisations controlled by their members. Where Flock enters into agreements with other organisations, including governments, or raise capital from external sources, we do so on terms that ensure democratic control by our membership and maintains Flock's co-operative autonomy
Education, Training, and Information
Flock provides education and training for our workers so they can contribute effectively to the development of their co-operative and their own careers. Flock commit to the promoting the nature and benefits of co-operation and the co-operative option for business to all, particularly young people and political and industrial thought leaders
Co-operation among Co-operatives
Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional and international structures. Where possible Flock aims to trade within the co-operative economy and we actively support the development of new co-operatives
Concern for Community
Co-operatives work for the sustainable development of their communities through policies approved by their members. Flock has committed to working to achieve community benefits defined within our constitutional documents and reports annually to The Office of the Regulator of Community Interest Companies on how our work has been towards our stated social benefits