The holistic approach to ethical management and corporate responsibility
Over 2,700 businesses worldwide have already joined the ECG movement. Around 400 of these have completed Common Good Balance Sheets.
For a very good example of how ECG can work for your company, see the Common Good Balance Sheet and report by VAUDE, a German outdoor fashion manufacturer.
The ECG Matrix, Balance Sheet and Report
The Common Good Balance Sheet will provide an holistic view of how your organisation is contributing to a fairer, more environmentally sustainable and more open, democratic society.
At the heart of the Common Good Balance Sheet is a matrix which maps the four ECG value groups (human dignity, cooperation and social justice, environmental sustainability and transparency/democratic co-determination) onto five stakeholder groups (suppliers, owners/investors, employees, customers and society at large).
For each of these combinations, there is a set of indicators that enable you to measure how well your organisation matches up to best practice. The scores are added up to give a total score, with the theoretical maximum score being 1000 points.
More than just creating a numeric score, the process of completing the Common Good Balance Sheet, together with its accompanying report, provides an enormous amount of valuable information for your organisation about the areas in which you are already doing well and areas in which you can improve. Its purpose is to initiate a continuous process of further discussion, planning and action to increase your organisation’s performance and contribution to the wider society.
We have ECG trained and accredited consultants who will be happy to support you. Please contact us and we will introduce you to an appropriate one.
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