The Economy for the Common Good

The Economy for the Common Good is an international movement dedicated to shifting the focus of economic activity away from the maximising of financial value and towards the maximisation of the common good. Started by Christian Felber in Austria in 2010, it offers a complete framework that businesses and other organisations can use to measure their contribution to the common good. At the heart of this is the Common Good Balance Sheet, which analyses how the organisations relationships with five key stakeholder groups (suppliers, owners and investors, employees, customers and society at large) are serving four core values: human dignity, social justice and cooperation, environmental sustainability and democratic co-determination. The Economy for the Common Good UK CIC was set up in April 2017 to serve as the legal vehicle for promoting and developing the movement in the UK and will publicly launch early in 2018.