Our ideals also shape
the outside world
Acting with humanistic values
to have a positive impact on the world.
MONDRAGON DNA
Mission
MONDRAGON is a socio-economic business reality, deeply rooted in the Basque Country, created by people for people. It is committed to a sustainable society, competitive improvement and customer satisfaction to generate wealth and transform society through business development and job creation. It is backed by solidarity commitments and uses democratic methods for its organisation and management. It encourages people’s participation and integration in their companies’ management, profits and ownership.
A different way of doing business
Democratic
The people decide. A one member, one vote system is used to elect the cooperatives’ governing and management bodies and to adopt the company’s strategic decisions.
Participative
In three key areas: management, ownership and results, generating a greater degree of commitment and identity.
Transformational
Its companies create shared value and are committed to changing society.
Inter-cooperation ecosystem
MONDRAGON’s collaborative logic, with cooperatives, divisions and other entities, helps to create new opportunities and increase the resilience of the business projects. These are some of the inter-cooperation mechanisms.
Profit conversion
A solidarity mechanism whereby each cooperative earmarks a percentage of its profit (a minimum of 13%) to a divisional fund to achieve a more equitable sharing of the wealth generated or for partial offsetting of the cooperatives that have suffered losses.
Worker relocation
To provide a solution within the cooperative group to maintain employment.
Financial instruments for inter-cooperation
Which play a very important role in projects for internationalisation, innovation and consolidation and also those for financial reinforcement and support in difficult situations.
Theme-based, sector-specific,corporate, and executive forums are also held to share knowledge. Inter-cooperation is also practised through superstructure entities such as Ategi, Osarten, the Promotion Centre, Otalora, MONDRAGON Foundation and LagunAro, among others.
Rooted company
Committed to developing the local environment, with the decision-making centres based in their place of origin. MONDRAGON is aware of the value of its legacy and wants to leave the future generations sounder cooperatives and a development model that is better for people and the planet.
Territorial structuring
The cooperative model is strongly anchored in the local environment, cooperatives which naturally become the backbone and benchmarks in the development of the region and are essential when it comes to designing local socio-economic revitalisation strategies.
Local decisions with a global perspective
The cooperatives compete globally and the decision-making centres are located at their parent companies, mainly based in the Basque Autonomous Community and Navarre.
Promoting the Basque language
MONDRAGON works to achieve the use and standardisation of the Basque language at its work centres.
Cultural commitment
MONDRAGON also contributes to fostering major cultural projects strategic for the country, such as the Guggenheim, the Kursaal, the Baluarte, Artium, Arantzazu, Euskadiko Orkestra, etc.
