The Statement on the Co-operative Identity, promulgated by the International Co-operative Alliance (ICA), defines and guides co-operatives worldwide. It contains the definition of a co-operative as a special form of organization, the values of co-operatives, and the currently accepted cooperative principles that direct their behavior and operation. The Statement with the latest revision of the cooperative principles was adopted by ICA in 1995.
According to the Statement, a co-operative is defined as "an autonomous association of persons 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 co-operative founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others."
- For a discussion of the seven cooperative principles see Rochdale Principles.
Famous quotes containing the words statement on, statement and/or identity:
“He that writes to himself writes to an eternal public. That statement only is fit to be made public, which you have come at in attempting to satisfy your own curiosity.”
—Ralph Waldo Emerson (1803–1882)
“I think, therefore I am is the statement of an intellectual who underrates toothaches.”
—Milan Kundera (b. 1929)
“Let it be an alliance of two large, formidable natures, mutually beheld, mutually feared, before yet they recognize the deep identity which beneath these disparities unites them.”
—Ralph Waldo Emerson (1803–1882)