A growing movement for change
ECOnGOOD is international
ECOnGOOD approach
What ECOnGOOD stands for
The Economy for the Common Good (ECG) model invites organisations to look beyond financial performance and examine how their decisions affect employees, suppliers, customers, business partners, local communities and wider society through tools such as the Common Good Balance Sheet to support reflection on practices and identify areas for improvement.
Impact on various levels
ECOnGOOD generates impact at local and regional level of governments, even at the European Union. Several institutions of higher education offer degree programs and are active in scientific research about the Economy for the Common Good. A growing number of organisations apply ECG tools and values in their daily internal operations.
ECG and the SDGs
The United Nation’s Sustainable Development Goals (SDGs) are the blueprint to achieve a better and more sustainable future for all. Organisations have reported that a Common Good Balance Sheet can can support appropriate implementation of the SDGs by identifying links, documenting efforts and planning improvements. All 17 SDGs are based on core ECG values.
Effecting change with
Cities, municipalities and regional authorities use ECG tools to reflect on their organisational practices and support companies and civil society actors in their journey towards the common good.
Educational institutions contribute through teaching, analysis and organisational practices, including the Economy for the Common Good in curricula, academic projects and applied research.
Individuals support ECOnGOOD in many ways: contributing financially, taking an active part as activists, members and volunteers, while they also improve their personal contribution to the common good.
ECG is values-driven
Human
dignity
Human dignity means that every human being is valuable, unique and worthy of protection, irrespective of ethnicity, gender, age, religion, language or origin. Humans and all living things have the right to exist, and are entitled to be treated respectfully, with appreciation and attention.
Solidarity and
social justice
Solidarity and social justice are closely related values, based on a common foundation of empathy, appreciation, compassion and equality of opportunities. The aim of both values is to reduce unfairness, to share responsibility and to strike a more equal balance across society.
Environmental
sustainability
The health of our planet is crucial to all living beings. It is essential that we all address the climate crisis. ECOnGOOD helps individuals and groups contribute to sustainable development and meet the needs of the present, without compromising the ability of future generations to live a good life.
Transparency and
co-determination
Transparency means the disclosure of all information relevant to all participants in the decision-making process. Co-determination encourages the participation of all stakeholders.¿, which can take different forms in practice – from consultation to collective and consensual decision-making.