Originally published at Renegade Inc. on October 29, 2021. Famously, the broadcaster and natural historian Sir David Attenborough said that someone who believes in infinite growth is either a madman or an economist. One of the big problems we face today is that in our hunt for growth, mainstream economics has been taken over by madmen. [...]
In light of climate change, the Covid crisis, biodiversity decline, and growing inequality, there is an ever-increasing worldwide consensus that fundamental changes in our economies are urgently needed. As a result, on the occasion of the G20 summit in Rome on 30-31 October 2021, an alliance of leading voices from the area of sustainable [...]
The Economy for the Common Good is launching the G20 Common Good Product campaign under the title “Rebalance our Economy” today, 25 October – and you can be part of it. Help us to promote a new way of thinking economics. Help us to let people discover an alternative way of measuring economic success. [...]
ECG is part of the XIII Worldwide Meeting on Human Values (Encuentro Mundial de Valores) held completely online from 22-23 October. It is organized in alliance with the international organization Charter for Compassion (CFC) that works in 54 countries promoting its message of compassion. After an inauguration speech by His Holiness the Dalai Lama, the [...]
As the European Union considers the new draft Corporate Sustainability Reporting Directive and associated sustainability standards, striking new evidence shows that the proposed legislation saves rather than costs money for business. A new article written by Richard Howitt, Strategic advisor on corporate sustainability, Senior Advisor at Frank Bold, formerly MEP and CEO of the [...]
The ECG movement started in 2010 with the publication of the first edition of the book "Gemeinwohl-Ökonomie" (Economy for the Common Good) by Christian Felber and the presentation of a first version of the common good balance sheet by a group of Austrian entrepreneurs. More than 2,000 companies, mainly small and medium-sized enterprises (SMEs), [...]
What should be the purpose of the economy, and the goal of public spending: promoting the wellbeing of people and the planet, or reacting to immediate, avoidable problems? Put this way, the answer seems obvious, yet the prevailing economic model forces governments towards the latter. WEAll, a partner of ECG, has published a new [...]
According to a multi-stakeholder debate last week, which was hosted by ECG, the new EU Corporate Sustainability Reporting Directive shows significant weaknesses. 99,8% of businesses are left out and standards are being developed by a financial body without sufficient input from sustainability stakeholders. The proposed Corporate Sustainability Reporting Directive (CSRD) must become a powerful [...]
The Economy for the Common Good (ECG) and OXFAM with the collaboration of Future-Fit Foundation, Frank Bold and the Alliance for Corporate Transparency (ACT) invite you to join a discussion on the most contentious issues in the EU sustainability instruments and initiatives. Date: 29 September, 2021, 12:00-13:30h [Admission: 11:30; Press interviews 13:30-14:00] Venue: Press Club [...]
The architecture company baukult ZT GmbH, based in Vienna (Austria), is reporting under the guidelines of the Economy for the Common Good - for the first time its history. On 72 pages, the team of architects and real estate experts reports on timber construction, socio-economic and ecological aspects of the company and sets the [...]
