ECG – Economy of Common Good

ECG - Economy of Common Good

In general, the Common Good Economy establishes an ethical economic model based on values that promote the common good (Human dignity, solidarity and justice, environmental sustainability, transparency and co-decision), it is a driving force for change at economic, political and social level. The well-being of people and the environment is regarded as the primary goal of economic activity.

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The Common Good Report

is the most comprehensive reporting model of the EU reporting obligation for non-financial reporting, as it enables a comprehensive systematic consideration of the company’s activities towards all interest groups. All corporate divisions are reviewed for their social and ecological impact and are further expanded to include values that promote the Common Good.
The individual contribution of your company to the Common Good is defined on the basis of the Common Good Matrix.

ESG-Cockpit ECG common goods report
ECG - Economy of Common Good
ECG - Economy of Common Good

ESG-Cockpit and its Common Goods Module

The Common Good Economy and its Balance Sheet can be implemented for companies of different sizes and legal forms. Company Structures can be visualized by an organigram, the reports can show each site/department solely or aggregated to bigger units.

ECG - Economy of Common Good

You can use the ESG-Cockpit/Common Goods Module to edit all essential parts of this Common Good Matrix

  • collect all relevant basic data of your company and calculate indicators automatically
  • fill in the relevant reporting questions and mandatory comments
  • retrieve all the information necessary to understand and evaluate the topics and aspects of the Common Good Matrix and the Report, to be able to create it yourself
  • Establish 360° sustainability management and improved relationship management
  • Create innovation impulses

The preparation of the balance sheet takes place in three steps:

  1. Generating the Common Good Report
  2. Get the resulting Report and Matrix audited externally, resulting in a Certificate
  3. publish the Common Good Balance Sheet.

The prerequisite for this is a valid membership of a recognised association for the promotion of the Common Good Economy.

More about the Economy of the Common Good

Buy the Workbook ‘Common Good Report 5.0’ (Print Version, German only):

Regardless of which sustainability standard you have worked with so far, you can use the ESG Cockpit to edit your existing data, facts and content and, at the push of a button, transfer them to the sustainability standard you have chosen: Common Good Balance, GRI, EMAS, SDG. You can clearly see how the individual sustainability aspects are related.

Your environmental data from the EMAS tool is thus automatically available in your common good report or your information and data from the common good report show your SDG report at the push of a button.

ECG - Economy of Common Good

The GWÖ module is jointly developed and operated with Angela Drosg-Plöckinger and Sigrid Koloo.

We would also be happy to advise and inform you personally. Arrange a presentation!

ECG - Economy of Common Good

The integration of the Common Good and the Sustainable Development Goals Module were co-funded in the frame of the Innovation programme of Vienna Business Agency.