in , , ,

A system change needs effective instruments


Appointment notice | 360°//GOOD ECONOMY FORUM | 24-25 October 2022 

Registration + program: https://360-forum.ecogood.org

For a future-proof supply for all, we need companies and communities that are aware of their responsibility and actively use this opportunity. Sustainability reports alone do not go far enough. Effective change requires innovative tools.

The Common Good Economy (GWÖ) has been developing tools for over 10 years that prepare companies and communities for future and now highly topical challenges. At the 360°// GOOD ECONOMY FORUM - the networking event for sustainable companies and communities - the focus is on instruments for the common good and their application.

Effective methods and formats of strategic corporate development for an economically holistic and successful future await companies and communities on October 24th and 25th at the 360° Forum in Salzburg. Current information on the EU-wide CSRD directive, new participation models and company forms such as the purpose economy and background information on the circular economy are on the program. Model companies and communities present how the common good economy is lived in practice and what positive effects can be achieved with it. Erwin Thoma takes over the prelude:

The forest is the oldest and most established community on earth. There the principle applies that only those who do their part for the good of others survive.

Thoma connects the forest ecosystem with the values ​​of the common good economy. As a pioneer in the field of modern timber construction and author of numerous books, he is an important ambassador for a sustainable and ethical economy.

Ready for current challenges with the balance sheet for the common good

The current EU directive on the CSRD will require more companies to submit sustainability reports in the future. But the pure reporting has no consequences or effects. Not so with the common good balance sheet. It serves as a sustainability report (it corresponds to the new EU CSRD directive) AND continuously develops the company. With the process of balancing for the common good, an organization can look 360° at its own actions. This gives it an important basis for strategic decisions. The result is a strengthening of resilience, attractiveness as an employer and the quality of relationships with all contact groups - all in all, important and decisive success factors in the future economic and working world.  

The legal regulation of sustainability reporting by companies is a step in the right direction, but the new EU directive will not provide a clear comparability of the reports, no quantitative evaluation and, above all, no positive incentives for e.g. B. bring climate-friendly and socially responsible companies. Austria could go ahead with implementation and become an international role model. After all, sustainable companies should have it easier, not harder. Christian Felser

360°//Three hundred and sixty degrees

Since 2010, the Economy for the Common Good has been committed to a value-based, holistic way of doing business and corporate culture. In addition to ecological sustainability, she also focuses on social aspects as well as questions of codecision and transparency in relation to all contact groups of a company. The forum offers a welcome platform to deepen this 360° view with like-minded companies. 

Every repair is an individual contribution to climate protection! If EU private households alone used their washing machines, vacuum cleaners, laptops and smartphones for just one year longer, this would save 4 million tonnes of CO2 equivalents. That would mean 2 million fewer cars on Europe's roads! Sepp Eisenriegler, RUSZ

© PHOTO FLUSEN

This post was created by the Option Community. Join in and post your message!

ON THE CONTRIBUTION TO OPTION AUSTRIA


Written by ecogood

The Economy for the Common Good (GWÖ) was founded in Austria in 2010 and is now represented institutionally in 14 countries. She sees herself as a pioneer for social change in the direction of responsible, cooperative cooperation.

It enables...

... companies to look through all areas of their economic activity using the values ​​of the common good matrix in order to show common good-oriented action and at the same time gain a good basis for strategic decisions. The "common good balance sheet" is an important signal for customers and also for job seekers, who can assume that financial profit is not the top priority for these companies.

… municipalities, cities, regions to become places of common interest, where companies, educational institutions, municipal services can put a promotional focus on regional development and their residents.

... researchers the further development of the GWÖ on a scientific basis. At the University of Valencia there is a GWÖ chair and in Austria there is a master's course in "Applied Economics for the Common Good". In addition to numerous master's theses, there are currently three studies. This means that the economic model of the GWÖ has the power to change society in the long term.

Leave a Comment