Good Economy Sustainability Profile
Good Economy, headquartered in Great Britain, is a pioneering consultancy firm dedicated to advancing the principles of social value and sustainable economic practices. Founded in 2018, the company has quickly established itself as a leader in the impact measurement and management sector, focusing on helping organisations maximise their social and environmental contributions. With a strong presence across the UK and Europe, Good Economy offers a range of services, including impact assessments, strategy development, and training programmes. Their unique approach combines rigorous data analysis with a deep understanding of social dynamics, enabling clients to make informed decisions that drive positive change. Recognised for their innovative methodologies, Good Economy has achieved notable milestones, including collaborations with various public and private sector organisations, solidifying their position as a trusted partner in the pursuit of a more equitable economy.
DitchCarbon Score
How does Good Economy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Good Economy's score of 27 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Good Economy's reported carbon emissions
In 2022, Good Economy reported total carbon emissions of approximately 4,964,620 kg CO2e, with Scope 2 emissions accounting for about 1,281,940 kg CO2e and Scope 3 emissions at about 67,090 kg CO2e. The previous year, 2021, saw significantly higher emissions of approximately 165,820,000 kg CO2e, which included Scope 1 emissions of about 1,708,000 kg CO2e, Scope 2 emissions of about 3600 kg CO2e, and Scope 3 emissions of approximately 1,081,000 kg CO2e. In 2020, total emissions were around 177,235,000 kg CO2e, with Scope 1 emissions of about 988,000 kg CO2e and Scope 3 emissions reaching approximately 175,323,000 kg CO2e. Despite these figures, Good Economy has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organization. The absence of defined climate pledges or SBTi targets indicates a need for further commitment to carbon reduction strategies. The organisation's emissions data reflects a significant reliance on Scope 3 emissions, highlighting potential areas for improvement in supply chain management and operational efficiency.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 988,000 | - | - |
| Scope 2 | 404,000 | 0,000 | 0,000,000 |
| Scope 3 | 175,323,000 | 0,000,000 | 00,000 |
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Good Economy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Good Economy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
