The Economy for the Common Good advocates a more ethical economic model, in which the wellbeing of people and the environment become the ultimate goal of business. The worldwide movement exists since 2010 and is based on the ideas of the Austrian author Christian Felber. Currently the movement consists of over 11,000 supporters, more than 4,800 activists in more than 155 local chapters, 30 associations. Close to 600 businesses and organizations have completed the Common Good Balance Sheet. Worldwide nearly 40 municipalities and 200 universities are actively involved in spreading the idea of the Economy for the Common Good. In 2018 the International Federation was founded and consists of 12 national associations.The International Federation is an umbrella association co-ordinating the growing number of National ECG Associations, namely, Austria, Germany, Spain, UK, Sweden, Netherlands, Switzerland, Italy and Chile. Together the Federation and National Associations ensure the ECG strategy is supported financially and legally.