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  • As stated in an official decree from February 1, 2017, the government of Valencia, Spain promotes companies, associations and foundations that apply the ECG principles (blog on the ECG website in German). The Valencia Generalitat Regional Ministry for Sustainable Economy developed a law whose aim was to create a public register for companies with an ECG Balance Sheet; to refund ECG balance and audit costs to a maximum of 15,000 Euro; to create legal incentives for companies with a common good balance sheet and to establish a 100,000 Euro fund for research and training on sustainable economy.
  • The regional German governments of Salzburg, Austria (2013), Baden-Württemberg (2016),  Hesse (2018)  and Bremen (2019) integrate ECG into their government programs.
  • The district Marburg-Biedenkopf in Hesse, Germany has adopted the Economy for the Common Good in its sustainability strategy and will implement the Common Good Balance Sheet in public companies.
  • Höxter, also in Germany (North-Rhine Westphalia), has dedicated a comprehensive LEADER project to the implementation of the ECG in the district.
  • The Economic Promotion Department of the Region of Stuttgart (Baden-Württemberg) started its engagement with its own website on the EGC.

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In it’s short history, ECG has made remarkable progress at the local and regional level of government. Even at the European Union, ECG is on the map.

The Common Good Balance Sheet is an instrument which promotes a value-driven, ethical economy. Its impact and significance go beyond legal requirements in order to ensure the highest possible standards in the future.

More and more consumers are looking for fairer and more sustainable products and services. The European Union, along with governments and political parties across Europe have recognized ECG as an effective tool to provide more transparency to consumers, regulatory organizations and other stakeholders.

To some extent, the Common Good Balance Sheet has already taken Corporate Social Responisbily (CSR) to a new level. This is partly because it has been so comprehensively designed, but also because it is the only assessment tool that allows consumers and other stakeholders to evaluate a businesses contribution to society and the environment. Given that the Common Good Balance Sheet is already meeting tomorrow’s requirements today, it sets an example for the future. By identifying the advantages this creates for society as a whole, ECG pioneers have become the driving force for socio-political developments and future economic policy.

ECG is not itself a political party. It attempts, however, to win supporters in as many parties as possible, similar to the strategy of human rights, peace, gender justice or environmental NGOs. Numerous politicians have registered as supporters of ECG – you can find some of them below.