Corporate Governance
Since its founding, Minn-Dak Farmers Cooperative (MDFC) has been committed to ethical business practices, honesty, fair dealing, and full compliance with all laws affecting the Cooperative’s business. Our Code of Business Conduct makes it abundantly clear that each employee and Board Member is responsible for conducting themselves in such a way as to preserve our standards and values.
Mission Statement
To maximize Patron returns by sustainably producing quality sugar and co-products for our customers, in partnership with Patrons, employees and the community.
Vision Statement
Committed to maximizing Patron returns by providing quality products globally, focusing on innovation, sustainability, community and employee excellence.
Core Values
• Diversity - We treat each other with dignity, respect and empathy, in consideration of our teammate’s diverse abilities, perspectives, and individual talents.
• Integrity - We will conduct ourselves in an honest, ethical and trustworthy manner at all times.
• Accountability - We expect personal responsibility and ownership in the safe performance of duties, professional growth and development, and a commitment towards the accomplishment of the Cooperative’s goals.
• Teamwork - We encourage our employees to be creative and innovative, working cooperatively and collaboratively as a team to achieve the Cooperative’s goals in the workplace and communities that we serve.
• Flexibility - We must be an organization willing to learn and adapt to evolving circumstances, creating positive change, and future success for our shareholders, employee, and customers.
The following Corporate Governance Items (Guidelines) have been adopted by the Board of Directors (the Board) of the Cooperative to assist the Board in the exercise of its responsibilities to the Cooperative and its shareholders. These Guidelines should be interpreted in the context of all applicable laws and the Cooperative’s Certificate of Incorporation, Bylaws, and other corporate governance documents, and they are intended to serve as a flexible framework within which the Board may conduct its business, and not as a set of legally binding obligations.
Charters and Standards