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)
“A sentence is made up of words, a statement is made in words.... Statements are made, words or sentences are used.”
—J.L. (John Langshaw)
“So long as the source of our identity is external—vested in how others judge our performance at work, or how others judge our children’s performance, or how much money we make—we will find ourselves hopelessly flawed, forever short of the ideal.”
—Melinda M. Marshall (20th century)