Businesses act for the Common Good and the SDGs
Guidelines by Matthias Kasper and Gerd Hofielen
These guidelines are aimed at companies and organizations that are concerned with the UN’s Sustainable Development Goals (SDG) and wish to contribute to their implementation. The model of the Economy for the Common Good (ECG) and its control instrument the Common Good Balance Sheet serve as essential strategic and business management tools to help business reach these goals. According to a study conducted at the University of Bremen, Germany, the ECG model is an ambitious approach to assist in implementing the SDGs.
These guidelines are action-oriented. They help companies find ways to implement the SDGs and to examine to what extent they can use the Common Good Balance Sheet as a corporate and organizational compass.