ICA Statement on the Co-operative Identity

The ICA Statement on the Co-operative Identity provides a clear description of what defines a co-operative organization. It emphasizes that co-operatives are member-owned and democratically controlled businesses that serve their members' needs rather than profit. Co-operatives operate based on shared values like self-help, fairness, and concern for the community. The statement highlights key features such as voluntary and open membership, democratic decision-making, and members benefiting from the co-op’s success. Overall, it offers a common understanding of what makes a co-operative distinct and ensures the identity is recognized worldwide.