The International Co-operative Alliance lays down the co-operative principles by which co-operatives put their values into practice. In summary these are:

1. Voluntary and Open Membership
Co-operatives are open to all persons without gender, social, racial, political or religious discrimination.

2. Democratic Member Control
Co-operatives are democratic organisations controlled by their members, who set their policies and make decisions.

3. Member Economic Participation
Members contribute equitably to, and democratically control, the capital of their co-operative. At least part of that capital is usually the common property of the co-operative. Members usually receive limited return, if any, on capital subscribed.

4. Autonomy and Independence
Co-operatives are autonomous organisations controlled by their members. If they enter into agreements with other organisations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their co-operative autonomy.

5. Education, Training and Information
Co-operatives provide education and training for their members so they can contribute effectively to the development of their co-operatives. They inform the general public - particularly young people and opinion leaders - about the nature and benefits of co-operation.

6. Co-operation among Co-operatives
Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional and international structures.

7. Concern for Community
Co-operatives work for the sustainable development of their communities.