FREQUENTLY ASKED QUESTIONS (FAQs)
Ensuring understanding and transparency
ONE CREATION, Cooperative for Environmental Research and the Application of Technologies related to Natural Order is the corporate name registered with the
Hereinafter, the appellations the “Cooperative” or “ONE CREATION” are used.
CONINCO Explorers in finance SA is a company which has operated for nearly 25 years in financial consulting, management audit, follow-up and supervision
services, including the classification and allocation of assets and managers. It is accredited by the FINMA, Swiss supervisory authority for financial
markets, in the capacity of collective investment manager.
The company is an asset value of the founder’s family, Mr. Olivier Ferrari that owns the majority share.
CONINCO Explorers in finance SA is the statutory Manager of ONE CREATION.
Is ONE CREATION a financial instrument?
ONE CREATION is a Swiss law company in the form of a holding cooperative.
What is a cooperative?
The cooperative is an economic entity based on the principle of the cooperation which best serves its associates. It differs from a trading company, or a foundation, due to associates’ rights and share capital characteristics. It is part of a solidarity economy, or environmental and social
Why choose ONE CREATION rather than a financial instrument?
In a cooperative such as ONE CREATION, subscribing to share capital is open to all as a principle. Investors own the company, in the same way as in a public company, as they hold at least one share in the share capital. But they have equal rights in General Meetings when giving their opinion and vote on business operating, whatever the size of their financial commitment.
As each vote has the same weight and each share has the same maximum value, business is managed in everyone’s interests, for the company’s long-term viability in compliance with its corporate purpose.
How does ONE CREATION differ from an existing financial instrument?
ONE CREATION is a cooperative. This is a very old legal structure which defends its associates’ joint interests.
ONE CREATION is emerging in the field of environmental technologies, in accordance with its purpose.
A financial instrument is not a company, nor an institution endowed with legal status. It is made up of contributions from investors who want to make collective investments. It is a contract; more specifically a collective investment contract.
Why a cooperative rather than an investment foundation (Swiss law)?
An investment foundation is a legal structure which can be assimilated, as regards such structure, with an investment fund; this is a specific Swiss legal structure and is therefore restricted as regards the cooperative’s objectives. A foundation is also restrictive for the development of ONE CREATION since it is aimed solely at institutions under wiss law. ONE CREATION’s corporate purpose is not connected to collective management, or the private management of joint assets. It is a company which takes out long-term holdings.
Which law governs a cooperative?
Title 29 of the Swiss Obligations Code (CO) is the legal base for these matters. Failing which, Swiss joint-stock company law is applicable by analogy (Title 26 of the Obligations Code).
What is the driving force of ONE CREATION?
The structure, object and fields of interaction of ONE CREATION tend towards the pooling of resources in order to promote economic progress that is respectful of the environment and humanity’s evolving needs.
Through a structure which is open to all and egalitarian in its decision-making rights, the Cooperative provides a civic and democratic opportunity to participate in the development of companies in which it is active, and consequently development of the economy as a whole.
It is a response to demand for sustainable economic investment.
Why the environment?
In view of the social and economic changes in the world, two main sectors already appear as growth vectors: needs related to the coming retirement of baby boomers from the 40s and more specifically the 60s, and the environment. The first already have a sound financial infra- structure. But the environment is a long-term growth sector which has real potential at both local and global levels.
What are environmental technologies?
Technical and industrial applications of progress in scientific research which are expected to provide greater welfare in connection with the natural and human environment. The economic exploitation of such technologies endeavours to conciliate the economic and environmental aspects of sustainable development.
What is sustainable development?
The widely accepted definition is the one provided by the United Nations 1987 Bruntland Report: “sustainable development meets current generations’ needs, without compromising the possibility for future generations of meeting their own needs.” Three sectors of action are generally acknowledged: social, economic and environmental.
Which technologies will ONE CREATION commit to?
As there is virtually no limit to the field of environmental technologies, ONE CREATION only commits to sustainable activities at technical, environmental and economic levels in the following fields:
- Renewable energies
- Environmental biology
- Ecological materials
- Ecological transports
- Waste management
- Environmental chemistry
- Environmental consulting
- Energetic efficiency
- Water management
Does ONE CREATION apply exclusive criteria when selecting companies?
For companies considered as "Pure" or "Mixed players", their activities must comply with the definition of environmental technologies used by ONE CREATION and the sectors specified in question 12. For “Support” companies, part of their activities must also correspond to the said definition and sectors. In addition, if the core activity is ontrary to the aim of the environmental technology exploited by the company, it will be excluded. For this purpose, some activities are considered as excluding the company (oil exploitation, weapons, GMOs, etc.). In addition, when environmental benefits resulting from the technology are not certain in the long-term, or if such technology is currently controversial, the company will be classified as “Controversial.” The Board of Directors would therefore decide whether to take a holding in full knowledge of considerations involved.