Companies, universities, municipalities and other organizations have the opportunity to draw up a Common Good Balance Sheet. This balance sheet is based on the Common Good Matrix, which describes 20 themes that make a company’s contribution to the common good visible. Each company can achieve a maximum of 1,000 points. Thus, for the first time, the result of a CSR standard can be compared across all sectors, legal forms and company sizes. The ECG Balance Sheet fulfils and goes beyond the European Union’s requirement for non-financial reporting.

One goal of the Economy for the Common Good is to make this kind of impact assessment visible on products. Beyond that, the audited results of the Common Good Balance Sheet should determine legal advantages or disadvantages of a company, e.g. taxes, customs duties or public procurement. With the help of these incentives, the current cost and competitive disadvantage of ethical companies is reversed into a price and competitive advantage.