Most CSR tools have shown to be ineffective because critical requirements are not fulfilled. The ECG has defined the following requirements for effective CSR: Holistic approach (covers basic constitutional values) Comprehensive Measurable Comparable Understandable External audit Legally binding
The Economy for the Common Good aims for an ecological, social, solidary, democratic, and humane economy. The Ecosocial Market Economy aims for social and ecological factors, but basically remains a capitalistic market economy with the paradigm of financial growth and competition.
Many countries already require co-determination in large companies (such as worker's council and worker representation on the board of directors). ECG calls for expanding co-determination for three reasons: Human dignity requires all people who are involved in or are directly affected by a project to be involved in the decision-making process. Empirical research shows that worker [...]
Aggressive competition has many disadvantages in comparison to cooperative behavior. Rewards should be given for cooperation instead of for competitive behavior. Studies show that cooperation motivates more than competition. Cooperation works through good relationships, whereas competition is based on stress, burnout, mobbing, etc.
The Common Good Balance Sheet is checked by independent, certified ECG auditors. A peer-reviewed evaluation is a first step to a full audit and gives companies the opportunity to learn from each other.
Based on feedback from companies the following seven advantages have become evident: The process of creating a Balance Sheet motivates workers and business leaders to actively participate in the transformation of the economic system. The Common Good Balance Sheet is a high quality management tool giving a 360-degree view, which shows in which areas the company [...]
You can support the ECG movement by becoming a member and/or donating money to the ECG. We always need people who actively support the work of the ECG. You can contribute at local events or you can use your professional knowledge and experience for the ECG, e.g. if you are in IT, marketing, fundraising, etc. Find [...]
You become a member with the association in your area. Usually, this happens through your local chapter. Please find your local chapter here.
You are welcome to get involved in a Local Chapter or attend ECG events without becoming a member. It would be great, though, if you show your commitment by becoming a member to help cover the movement's expenses.