Core principles

Ethical Economy was created to:

1. Make ethics more tangible.

2. Help users navigate between the demands of multiple proxies.

3. Measure users' ethical performance against their own values, instead of detached universal codes, and in doing so, establish significant ethical benchmarking.

What is Ethical Economy?

Ethical Economy is a series of tools that brings together ethics, the core values we believe in, and actions, what we actually do to live those values.

The system is based on inviting your friends, family, colleagues, suppliers, customers, in fact every ‘stakeholder’ you are in contact with to play a role in telling you how they feel you are performing, giving endorsements of what actions you’re doing, and suggesting how you can improve.

Call it best practice sharing, call it transparency, call it lean organisation, it’s all about engaging those around you in helping you to grow as a business.

The public Ethical Economy marketspace

ethicaleconomy.com is the public community for individuals, organisations and companies that wish to connect to and get feedback from external stakeholders in a transparent and dedicated ethical community. Sign up for your free public profile. Sign-up now

Ethical Economy Communities

A customised version of Ethical Economy for companies and membership organisations who wish to involve all levels of their stakeholders or members but may wish to do so with only their own content. Learn how the world’s largest youth organization the ‘The World Organization of the Scout Movement’ is using it.

Business Solutions – Products

Ethical Economy provides companies and organisations with bespoke tools featuring enhanced privacy, security, and customization. Use Ethical Economy tools to involve your employees and/or trusted partners and clients in your corporate values, CSR policies, green initiatives, and/or supply chain monitoring. Learn more about these enterprise products.

The Ethical Economy

... is based around a philosophy of ethics which consists of three elements:

1. Proximity

People behave most ethically towards those who are closest to them. Ethical Economy promotes ethical behavior by increasing the feeling of proximity between individuals.

2. Create the most ethical bang for the buck

Ethical Economy Rate helps individuals and companies identify actions that offer the greatest ethical value, given limited resources.

3. Improve and include

As you get better at creating ethical value for yourself and your proxies, you can expand your proxy network to include more people. Do more good, better.

Whitepaper

To get a more comprehensive account of the Ethical Economy philosophy, download our whitepaper "A Dynamical ethical tool of proximity".