The International Castor Oil Association (ICOA) is an organization whose members are involved in growing, processing, trading, marketing and/or consuming Castor Oil. The main aspirations of the ICOA are the improvement in the agronomic conditions of castor beans, the development of new applications for castor oil and its derivatives and the dissemination of information to its members and the industries they serve.
History of ICOA
In 1980, before he retired, former Secretary-Treasurer Matt Antonovich started to compile a history of the ICOA. His account went up to 1981, although there is not much written information available about the early years from 1954 -1962. It appears they were spent primarily founding and establishing the organization. In the 1950s members of the castor industry were part of the Linseed-Castorseed Association.
Corporate Social Responsibility (CSR) has been defined by some, as “the responsibility of enterprises for their impacts on society,” and increasingly, businesses are encouraged to have in place a CSR process to integrate social, environmental, ethical human rights and consumer concerns into their business operations. There is increasing recognition that CSR principles should be incorporated into daily business decision-making in a variety of contexts.
Antitrust Compliance Policy
It is the policy of ICOA to comply strictly with all laws which relate to the conduct of its activities, including the antitrust laws and trade regulation rules of the United States and European Union. All ICOA members, officers, and staff should familiarize themselves with the ICOA “Antitrust Guidelines,” and should agree to conform all ICOA sponsored meetings and activities in strict accordance with the Guidelines.