GemeinwohlScore

The GemeinwohlScore, or Common Good Score, is a metric developed to assess the contribution of businesses and organizations to the common good. It is part of a broader framework known as the Common Good Economy, which aims to shift economic focus from profit maximization to societal well-being. The GemeinwohlScore evaluates an entity based on its ethical conduct, social responsibility, and environmental sustainability.

Instead of traditional financial indicators, the GemeinwohlScore considers a range of qualitative and quantitative factors. These include the company's impact on its employees, such as fair wages and working conditions, its relationships with suppliers and customers, its contribution to society through community engagement and ethical practices, and its environmental footprint. The scoring system is designed to be comprehensive, encouraging a holistic view of an organization's performance beyond mere economic success.

The development and implementation of the GemeinwohlScore are driven by the principles of the Common Good Economy, which advocates for a more equitable and sustainable economic system. Organizations that achieve high GemeinwohlScores are recognized for their commitment to creating value for society as a whole, not just for their shareholders. This approach seeks to incentivize businesses to operate in ways that benefit people and the planet, fostering a more responsible and ethical business landscape. The GemeinwohlScore serves as a tool for transparency and accountability, allowing stakeholders to better understand and evaluate an organization's true impact.