Economy for the Common Good (ECG) accepted the invitation of the German government and issued a joint statement on the German Sustainability Strategy.
With the support of various politicians, scientists and entrepreneurs, ECG offered suggestions for additions to the sustainability strategy and illustrated the reasoning for these. The proposals aim to increase the binding nature and relevance of the German Sustainability Strategy, to define and promote an ambitious standard for sustainability reporting and to link it to economic policy incentive mechanisms. Furthermore, the statement shows why an adjustment of the indicators for sustainable production and sustainable procurement can be useful.
The national sustainability strategy has been applied since 2002 and, since 2016, has translated the Sustainable Development Goals (SDG) of the United Nations into a national strategy.
Following the conferences in December 2019 and January 2020 to update the German Sustainability Strategy, a first version was published on October 1, 2020. With this publication, associations and the interested public were invited to submit comments by October 31, 2020, which the Federal Government will take into account for its further updating process.