Statement on the Co-operative Identity · 1995
Co-operative Identity: Definition, Values & Seven Principles
In 1995, at its Manchester Congress marking the Alliance's centenary, the International Co-operative Alliance adopted the Statement on the Co-operative Identity, establishing the definition, values and seven principles of cooperatives. It is today's globally recognised standard for cooperative identity, and has been incorporated into ILO Recommendation No. 193.
Definition
A co-operative is 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.
Values
In the tradition of their founders, cooperative members also believe in the ethical values of Honesty, Openness, Social responsibility, Caring for others.
Seven Principles
The cooperative principles are guidelines by which cooperatives put their values into practice.
Voluntary and Open MembershipVoluntary and Open Membership
Open to all persons able to use its services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.
Democratic Member ControlDemocratic Member Control
Democratically controlled by members, who actively participate in setting policies and making decisions. In primary cooperatives members have equal voting rights (one member, one vote); cooperatives at other levels are also organised in a democratic manner.
Member Economic ParticipationMember Economic Participation
Members contribute equitably to, and democratically control, the capital of their cooperative. Surplus is used for developing the cooperative, benefiting members in proportion to their transactions, and supporting other activities approved by the membership.
Autonomy and IndependenceAutonomy and Independence
Cooperatives are autonomous, self-help organisations controlled by their members. Agreements with governments or other external bodies, and any external capital raised, must safeguard members' democratic control and the cooperative's autonomy.
Education, Training and InformationEducation, Training and Information
Cooperatives provide education and training for members, elected representatives, managers and employees, and inform the public — particularly young people and opinion leaders — about the nature and benefits of cooperation.
Co-operation among Co-operativesCo-operation among Co-operatives
Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures.
Concern for CommunityConcern for Community
Cooperatives work for the sustainable development of their communities through policies approved by their members.