This Committee opinion, prepared in response to the commission's request, has taken stock of the views of European stakeholders on how EU policies and regulatory action can use sustainable economic models to transition successfully towards economic modernisation by reconciling economic prosperity and efficiency, social inclusion and environmental responsibility.
CANCELLED / Towards a new European company model for the 21st century - Related Opinions
The emergence of a decentralised digital economy suggests that this could lead to a transformation in setting up businesses, jobs, production, consumption, governance. In view of this and in answer to the Commission's Communication on a new agenda for the collaborative economy, the EESC proposes a series of recommendations to face this new paradigm.
The Economy for the Common Good model proposes the transition towards a "European Ethical Market" which will foster social innovation, boost the employment rate and benefit the environment, for example through using indicators of wellbeing and social development beyond the GDP such as the Common Good Product and the Common Good Balance Sheet. The EESC considers that the Economy for the Common Good model is conceived to be included both in the European and the domestic legal framework and demands from the European Commission, in the framework of the upcoming renewed CSR strategy, to make a qualitative step in order to reward (in terms of public procurement, access to external markets, tax advantages, etc.) those enterprises that can demonstrate higher ethical performance.