ECOnGOOD
- Company typePrivate
- Founded2010
- HeadquartersHamburg, Germany
- Headcount11–50
- GTM typeB2B
- OfferingServices
ECOnGOOD firmographics
Firmographics- Name
- ECOnGOOD
- Legal name
- International Federation for the Economy for the Common Good e.V.
- Website
- https://econgood.org
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
ECOnGOOD industry classification
Industry- Product category
- Sustainability Assessment and Certification
- NAICS
- Environmental Consulting Services (541620), Environmental Consulting Services (54162)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- ESG Governance, Sustainability Reporting & Assurance Advisory (BPAHAFAJ)
- akta.pro secondary industry
- Environmental Impact Assessment (EIA) & Due Diligence (BPAHAJAB)
Keywords
Where ECOnGOOD is headquartered
LocationHeadquarters
- HQ city
- Hamburg
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
ECOnGOOD business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Donations: Individual donors support the organization through one-time or recurring donations. The donation page emphasizes supporting long-term planning through regular direct debit contributions.
- Membership fees: The organization offers membership options for individuals who want to support the ECG movement financially on an ongoing basis.
- Sponsorship: Corporate sponsorship arrangements provide brand awareness and official recognition in return for financial support.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
ECOnGOOD product offering
Product offeringCore offering
ECOnGOOD provides a stakeholder-impact assessment and certification framework for organizations, centered on the Common Good Balance Sheet and the Common Good Matrix 5.1 evaluation methodology. Companies, municipalities, and educational institutions document and audit their contributions to the common good; compliant organizations can earn the ECOnGOOD Label certification. Supporting tools include the ECG Business Canvas for purpose-driven start-ups, the Common Good Product evaluation, and the Impact Test for individuals.
Product overview
ECOnGOOD (Economy for the Common Good) operates as a movement and methodology rather than a traditional software product company. The core offering centers on the Common Good Balance Sheet, a stakeholder-impact reporting tool that organizations use to measure their contributions to employees, suppliers, customers, business partners, communities, and society. This is supported by the Common Good Matrix (versions 5.0 and 5.1), an assessment framework evaluating performance across human dignity, solidarity, environmental sustainability, and transparency. Additional offerings include the ECOnGOOD Label (certification for compliant organizations), the ECG Business Canvas (startup planning tool), and the Impact Test (individual assessment tool). The ECG Seeds represents the movement's visual identity. The framework is applied across companies, municipalities, and educational institutions, with over 1,000 businesses having completed the balance sheet.
Differentiator
Problem solved
Functional benefit
Brands
- Common Good Balance Sheet: A tool that measures the impact an organization has on stakeholders including employees, suppliers, customers, business partners, local community and society at large
- ECOnGOOD Label
- Common Good Matrix
Products and services
- Common Good Balance Sheet A reporting tool that measures an organization's impact on stakeholders including employees, suppliers, customers, business partners, local community, and society. Companies, municipalities, and educational institutions draw up this balance sheet to document and audit their contribution to the common good.
- Common Good Matrix 5.1 A comprehensive assessment framework (version 5.1) that organizations use to evaluate their performance across the values of human dignity, solidarity, environmental sustainability, and transparency/co-determination.
- Common Good Product A tool for evaluating and certifying products based on their contribution to the common good, aligned with sustainability economy principles and UN SDGs.
- ECOnGOOD Label An official certification label awarded to organizations that demonstrate commitment to Economy for the Common Good principles by completing a Common Good Balance Sheet and meeting the audit/peer-evaluation criteria.
- ECG Business Canvas A business planning tool designed to help entrepreneurs establish purpose-driven companies aligned with ECG values from inception.
- Impact Test An interactive self-assessment tool for individuals to evaluate their personal contribution to the common good and identify areas for improvement.
Quantifiable outcome
- Over 1,000 businesses have completed Common Good Balance Sheets
- +2 more outcomes
Companies that use ECOnGOOD
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
ECOnGOOD technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
ECOnGOOD partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- EFRAGcoreECOnGOOD joined EFRAG (European Financial Reporting Advisory Group) to contribute to European Sustainability Reporting standards. This partnership allows ECG to influence EU sustainability reporting frameworks.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
ECOnGOOD competitors and assessment
Company assessmentBroad incumbents
- Fairtrade International: Fairtrade operates a global certification and labeling system that measures and signals ethical supply chain practices. It overlaps with ECOnGOOD's Common Good Product evaluation and label offerings in addressing ethical sourcing and stakeholder-impact certification.
- CDP (Carbon Disclosure Project): CDP runs a global disclosure system for environmental impact reporting used by investors, companies, and policymakers. It is a comparably positioned environmental disclosure platform whose reporting frameworks overlap with ECOnGOOD's Common Good Matrix in addressing corporate sustainability accountability.
- GRI (Global Reporting Initiative): GRI is the most widely adopted sustainability reporting standard globally, providing frameworks for companies to disclose environmental, social, and governance impacts. It competes with ECOnGOOD's Common Good Matrix as a recognized reporting methodology and benefits from broader institutional adoption.
Direct peers
- Impact Hub: Impact Hub operates a global network of innovation hubs supporting purpose-driven entrepreneurs and social enterprises. It parallels ECOnGOOD's federated, chapter-based model for engaging businesses and activists around ethical economic practices.
- B Lab Global: B Lab administers the B Corp Certification, which evaluates companies on social and environmental performance using a stakeholder-impact framework. It is the most direct comparator to ECOnGOOD's Common Good Balance Sheet and ECOnGOOD Label certification model, serving overlapping SME audiences with a comparable voluntary certification approach.
Emerging players
- Democracy Collaborative: Democracy Collaborative researches and advocates for community-wealth-building and stakeholder-inclusive economic models. It overlaps with ECOnGOOD's academic and policy-level engagement around alternative economic frameworks, including university-based adoption of ECG concepts.
- SBTi (Science Based Targets initiative): SBTi provides a framework for companies to set science-based emissions reduction targets, aligned with EU CSRD reporting requirements. It overlaps with ECOnGOOD's environmental sustainability dimension and serves the same regulatory-compliance-driven corporate audience.
Regional players
- Social Enterprise UK: Social Enterprise UK is a membership organization that supports and certifies social enterprises, primarily in the United Kingdom. It serves a comparable mission of advancing stakeholder-oriented business models with membership and certification mechanics similar to ECOnGOOD's.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks1 record
Key highlights7 records
Customer concentration
ECOnGOOD social profiles
Digital presenceECOnGOOD financial estimates
Financial estimateRevenue estimate
Valuation estimate
ECOnGOOD leadership team
Management profileNumber of profiles
Profiles3 records
ECOnGOOD subsidiaries and ownership
Company hierarchySubsidiaries1 record
ECOnGOOD funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ECOnGOOD M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ECOnGOOD
What does ECOnGOOD do?
ECOnGOOD provides a stakeholder-impact assessment and certification framework for organizations, centered on the Common Good Balance Sheet and the Common Good Matrix 5.1 evaluation methodology. Companies, municipalities, and educational institutions document and audit their contributions to the common good; compliant organizations can earn the ECOnGOOD Label certification. Supporting tools include the ECG Business Canvas for purpose-driven start-ups, the Common Good Product evaluation, and the Impact Test for individuals.
Is ECOnGOOD a public or private company?
ECOnGOOD is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was ECOnGOOD founded?
ECOnGOOD was founded in 2010. It employs 11 to 50 people.
Where is ECOnGOOD based?
ECOnGOOD is headquartered in Hamburg, Germany, in the Europe region.
How does ECOnGOOD make money?
Three revenue lines are on record. Donations are the primary driver. The others are membership fees and sponsorship.
Who are ECOnGOOD's main competitors?
Broad incumbents on record are Fairtrade International, CDP (Carbon Disclosure Project) and GRI (Global Reporting Initiative). Direct peers are Impact Hub and B Lab Global. Emerging players are Democracy Collaborative and SBTi (Science Based Targets initiative). Social Enterprise UK is listed as a regional player.
Does ECOnGOOD have an API?
No public API is recorded for ECOnGOOD.
What industry is ECOnGOOD in?
ECOnGOOD's product category is Sustainability Assessment and Certification. Its primary akta.pro industry code is BPAHAFAJ, ESG Governance, Sustainability Reporting & Assurance Advisory, with a secondary code of BPAHAJAB, Environmental Impact Assessment (EIA) & Due Diligence. Its NAICS code is 541620 and its SIC code is 8600.