ECOnGOOD

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

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

• Stakeholder impact assessment
• Common good certification
• Ethical business framework
• ESG reporting tools
• Sustainability balance sheet

Headquarters

HQ city

Hamburg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. 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.
2. Membership fees: The organization offers membership options for individuals who want to support the ECG movement financially on an ongoing basis.
3. 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

Core 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

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• EFRAGcoreStrategic or Co-development Partner · 1 February 2022ECOnGOOD 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

Broad 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

• LinkedInlinkedin.com/company/econgood-international

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ECOnGOOD