In front of the problems that afflict the world we live in, a fatalistic attitude prevails too often. Discouraged, people think it is impossible to change the present state of things. We are of a different opinion.
We know – because we have been doing it since the first day – that it is small gestures to create the biggest changes. It is for this reason that we have adhered to the Common Welfare Economy.
What is the Common Welfare Economy?
Nowadays, profit is the only goal of many companies. But profit disconnected from a real welfare ends up being a fruitless objective. The Common Welfare Economy is intended to demolish this way of thinking.
The Common Welfare Economy is economic model aimed at ensuring high quality of life for all living beings. Human dignity, solidarity, sustainability, social equity, democratic co-management and transparency are the pillars upon which this model is based.
The ultimate purpose of the Common Welfare Economy is to push companies to think about the role they play in the society and world, helping them to have a positive impact on the surrounding reality.
How do the Financial Statements of the Common Welfare Economy work?
Joining the Common Welfare Economy is not so easy as putting a signature of displaying a logo. Joining the Common Welfare Economy means undergoing constant evaluation, the results of which are shown in the Financial Statements of the Common Welfare Economy.
The Financial Statements of the Common Welfare Economy is, basically, a procedural guideline that measures how much the company contributes to a change aimed at the achievement of the common welfare.
In concrete terms, it measures five elements:
- The way the company finances its activities
- The way in which the company manages the staff
- The way the company creates the product
- The way the company deals with suppliers
- The way the company presents itself to customers