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BCI joins ICA to boost safe trading
01
May '15
The Better Cotton Initiative (BCI) has become a member of the International Cotton Association (ICA). It now joins Supima, the Bangladesh Cotton Association, the Brazilian Association of Cotton Producers, the Spinners & Weavers Association of Korea, the Australian Cotton Shippers Association and Turkey’s IPUD, who have all signed up to ICA membership and safe trading.

Founded in 2009, BCI works to make global cotton production better for the people who produce it, better for the environment it grows in and better for the sector’s future. BCI aims to transform cotton production worldwide by developing Better Cotton as a sustainable mainstream commodity.

The ICA, established in 1841, is the world’s largest international cotton trade association and arbitral body, protecting and promoting the global cotton trade. ICA’s mission is to protect the legitimate interests of all those who trade cotton, whether buyer or seller. Becoming a member of the ICA means being part of a community that ‘shares best practice and aims to drive industry standards’, the BCI said in a statement.

BCI CEO Patrick Laine said: “We are delighted with our official association with the ICA. BCI learned long ago that companies who respect contract sanctity are also more likely to respect their environmental and social commitments as well. Part of BCI’s mission is to assist in improving the well-being of the entire cotton industry, and membership in the ICA is entirely consistent with this important objective.”

Jordan Lea, ICA president lauded BCI’s track record as he welcomed the latest member into the Association.

“One of our primary goals at the ICA is to expand what is known as our ‘safe trading environment’. BCI’s mission and track record speak for themselves as they and their members strive for sustainability as well as corporate and environmental responsibility. Our organisations share similar ideals and visions for a safe and stable future for all of the cotton industry and we are very pleased to have BCI on board,” he said. (SH)

Fibre2fashion News Desk - India


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