Standard Owner Benchmark - The International Council of Toy Industries

By CommonShare

The International Council of Toy Industries (ICTI) is a non-profit trade association that represents the global toy industry. It was founded in 1975 and is headquartered in Hong Kong, China. The ICTI is committed to promoting the safety, ethical manufacturing, and responsible marketing of toys worldwide.

The primary mission of the ICTI is to ensure the well-being of children through the production of safe and high-quality toys. The organization works with toy manufacturers, suppliers, and other stakeholders to develop and promote safety standards and best practices in the toy industry. They also collaborate with regulatory authorities and consumer organizations to advocate for strong safety regulations and promote responsible toy manufacturing.

The ICTI operates a program called the ICTI Ethical Toy Program (IETP), which is an industry-wide initiative to promote ethical manufacturing practices in the toy industry. The program sets out a code of conduct that toy companies must adhere to, covering areas such as labor standards, health and safety, environmental sustainability, and business integrity. Companies that meet the requirements of the IETP can obtain certification, demonstrating their commitment to responsible and ethical manufacturing.

In addition to safety and ethical manufacturing, the ICTI also focuses on promoting responsible marketing practices. They encourage toy companies to market their products responsibly, avoiding misleading or harmful advertising practices that may target vulnerable groups, such as children.

The ICTI operates through its member associations, which represent toy manufacturers and related businesses in different countries around the world. These member associations work together to develop industry guidelines, share information, and collaborate on initiatives to improve the toy industry as a whole.

In summary, the International Council of Toy Industries (ICTI) is a non-profit trade association that promotes the safety, ethical manufacturing, and responsible marketing of toys. Founded in 1975, the ICTI works with toy manufacturers, suppliers, and other stakeholders to establish industry standards, advocate for safety regulations, and ensure the well-being of children through the production of safe and high-quality toys.

Overall Rating

2.8

Undistinguished

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.

The International Council of Toy Industries

United States

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How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.