The Centre of Excellence in Accounting and Reporting for Co-operatives (CEARC) at the Sobey School of business is undertaking some important research on the social and environmental impact of co-operatives. This is more from their site:

The Centre of Excellence in Accounting and Reporting is embarking on an exciting project in 2016 and we are inviting practictioners, institutions, organizations, federations from the co-operative community to take part.
Our overall goal is to measure the social and evnironmental impact of co-operatives. Secondary goals include:
  • identify social and environmental indicators that the co-op sector will report on for their co-operatives
  • develop an online, user-friendly social and environmental impact tool
  • see wide take up of this tool
  • put in place a sustainability plan to ensure that social and environmental impact assessment can continue beyond the life of the funding.

Details are available here.