From 27 September 2026, consumer-facing sustainability claims and use in the EU of the ECOnGOOD Label and Common Good Matrix Balance Sheet and results must comply with Directive (EU) 2024/825 and national law. The International Federation for the Economy for the Common Good e.V. (ECOnGOOD) does not offer these tools as a basis for external claims.

The Common Good Matrix and Common Good Balance Sheet are organisational reflection and improvement tools. Historical assessments reflect the methodology used at the time and are not current environmental certifications. More information.

Getting started

OVERVIEW

  • The Common Good Balance Sheet is based on the Common Good Matrix. Twenty themes analyse an organisation’s contribution to the common good and allow them to plan for improvements towards sustainability and transparency across sectors, types and sizes.

  • Companies, municipalities, education instituions, non-profits, cooperatives – all kinds of organisations can apply the Common Good Balance Sheet to understand and enhance their impact.

  • Many organisations have already successfully applied the Common Good Balance Sheet to improve their internal management and operations. Learn more about their good practices.

BALANCE SHEET SPECIFICS

Companies

Many companies worldwide have already drawn up a Common Good Balance Sheet.

Municipalities

Several municipalities already support companies to draw up a Common Good Balance Sheet and apply it themselves.

Educational institutions

A number of educational institutions create a Common Good Balance Sheet and implement ECG into their curriculums and research.

BENEFITS

Within the organisation

  • Incorporate 360° sustainability management approach

  • Improving relationships

  • Motivation at the workplace

  • Innovation impetus

  • Work towards EU’s non-financial information reporting requirements

In the marketplace

  • Attractiveness

  • Distinctiveness

  • Visibility

  • Cooperation

  • Network

Within society

  • Common values

  • Quality of life

  • Preservation of nature and environment

  • Fair and sustainable products and services

See balancing companies

HOW TO CREATE A COMMON GOOD BALANCE SHEET

Get started with your Common Good Balance Sheet

Download the handbook and further resources

Find a consultant in your country to help create a Common Good Balance Sheet

WHAT’S NEXT

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