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(update January 2024)
Matrix 5.1.
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To read it in your language, use the Google website Translator Um es in deiner Sprache lesen zu können, benutze den Google-Website-Übersetzer. Para leerlo en tu idioma, utiliza el traductor de sitios web de Google. Pour le lire dans votre langue, utilisez le traducteur de sites web Google. Per leggerlo nella tua lingua, utilizza il traduttore di siti web Google. Da biste ga pročitali na svom jeziku, koristite Google prevoditelj za web stranice. |
Current work of the MDT
(August 2024)
In recent months, the Matrix Development Team (MDT) has seen significant progress as it adapts to global expansion and increasing demands.
To support our vision of "Transforming the economy," we are professionalising our structures, teams, and processes.
The MDT, responsible for developing and updating the ECG-Matrix, is responding to new regulatory requirements like the EU CSRD, internationalisation, and digitalisation. Feedback from companies, consultants, and auditors is guiding these updates, ensuring the Matrix remains relevant and effective.
To meet these challenges, we will introduce new professional teams in the coming months to implement the latest products.
Additionally, from September, Stakeholder Circles will be established to gather targeted feedback, helping us refine the Matrix and better serve our global community.
After an intensive development and selection process, we are currently in the process of setting up the new teams so that we can start in the new teams and setting.
An online training programme for version 5.1 will be offered in the ECG-Academy starting in September.
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Pre-Release 5.1 EVENT for Editors and Consultants 30.04.2024
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Matrix 5.1.
Workbook 5.1 completed
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For the last months MDT worked intensively on completing
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the new version 5.1 of the matrix.
The
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new workbook 5.1 is completed and has been
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handed over to the communications hub for layout.
The translations will be organized nationally. If you are interested, please contact: Estrellita García
Simultaneously, MDT Editors are preparing training materials for consultants and auditors in preparation for the matrix's official launch.
An online training programmme for version 5.1 will be offered in the Academy starting in September.
This internal launch is anticipated for
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end April and we will go public with it probably in October.
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The release of Matrix 5.1 and workbook is advancing quickly. The MDT team has heard your feedback about the communication around the transition to V5.1, and we want to thank you for letting us know! We understand that there have been some challenges, like:
We appreciate your patience as we work through these issues! The MDT team has limited resources, but we're committed to making this transition as smooth as possible. Here are a few ways we can all work together:
We're all in this together, and by working as a team, we can make sure the transition to V5.1 is a success! |
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Engagement on CSRD Reporting Strategy
A diverse group of stakeholders is actively involved in developing and presenting a strategy for the ECG to implement the new European regulation (CSRD Reporting).
This strategy will address the integration or alignment of the Matrix with CSRD Reporting and other future sustainability reporting frameworks.
Once this strategy is finalized, agreed upon by stakeholders, and approved by the ECG, the MDT will commence work on the next Version of the Matrix: 6.0.
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The goal of this iteration was to incorporate feedback, prepare processes for a digital workbook, and to improve the reporting template. The main changes |
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in the updated version of the ECG standard are as follows:
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The team will provide material provided by the ECG-Academy that explains the changes. |
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CSRD
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Update 11/2023 Working on Scenarios & Framework to support the strategic decision by FMC. |
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Decision by MDT (Oct 2023)
The CSRD group is assigned to design and propose a framework to be presented to the EMT and the movement after presentation to MDT.
The CSRD-Group expresses preference and recommends one of the scenarios to EMT in the name of the MDT.
Matrix 6.0
Work on 6.0 is scheduled to mid 2024.
Further Improvements to the matrix are planned, including major changes to the scoring system and an CSRD alignment.
Job Offer MDT
We are looking for a Stakeholder Lead who will be managing stakeholder engagement and facilitating decision-making.
The ideal candidate for this position will possess a robust set of skills centered around effective stakeholder engagement, facilitation, and project management.
General responsibilities
- Organize and lead stakeholder meetings, preparing agendas and facilitating inclusive discussions.
- Build and maintain positive relationships with a diverse range of stakeholders, addressing concerns promptly.
- Guide stakeholders towards consensus-based decisions on project content and structure.
- Manage conflicts constructively and document meeting outcomes and action items.
- Analyze stakeholder feedback to inform and improve project deliverables.
- Propose and refine project changes based on stakeholder input.
- Collaborate regularly with core team members to ensure project alignment and consistency across themes.
For more information please contact: bilanz@econgood.org
General Objectives 2023
- In December 2023, be able to state: Matrix 5.0 is 10-15% compliant with CSRD/ESRS, and the following … is still missing.
- Derived from & aligned with the MDT’s approach: Plan for Matrix 5.1/6.0 - depending on strategic decision of FMC
Framework 2023
- Focus on Int. level / EU, instead of national implementation or third countries
- Basis Matrix 5.0
- Focus CSRD/ESRS, collaborate with A-Team & B-Team to combine ECG 5.0 & Taxonomy, CSDDD
- Work in Progress: all ESRS-documents are still drafts
- VSME/LSME standards cannot be scheduled until drafts are available
planned Deliverables by 12/2023 | stopped due to lack of financing
Working documents for companies that want to report according to both Matrix 5.0 and CSRD/ESRS, in digital form (to be specified), such as:
- Working document for the collection of strategic data, exemplified by a sample company
- Working document for the materiality analysis
- Guide "How to” (in coordination with EFRAG's publications: draft published by EFRAG, no final version)
- Table on all indicators & reporting questions to enter results
- Matching document (table) of all indicators & reporting questions ESRS/CSRD & ECG
- Rough Tasks | stopped due to lack of financing
- Create matching template: first draft done (01 2023), will be adapted continuously
- Match indicators & reporting questions from ESRS & Matrix 5.0 (04-06 2023)
- Match existing general questionnaire CSRD with strategic requirements ESRS and adapt (06 2023)
- Prepare & align materiality analysis concept (07-09 2023)
- Prepare working documents materiality analysis (07-09 2023)
- Feedback process (10-12 2023)
Coordination & Contact
Sigrid Koloo, +43 660 7616869, sigrid.koloo@ecogood.org
Matrix 6.0
Work on 6.0 is scheduled to begin in early 2024.
Further Improvements to the matrix are planned, including major changes to the scoring system and an CSRD alignment.
Currently, we are awaiting the strategic decision (planned for mid-March). The team also needs new members and resources in order to be able to handle the large workload.
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Possibilities for Feedback
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Please use this FORM to give specific Feedback and help us improve the Matrix. |
- Email for general issues: bilanz@ecogood.org
- Online meetings are convened as needed on specific topics and issues. Experts with expertise in the various topics can contact the MET and will be invited to the meetings.
- Exchange meeting for auditors/editors/consultants: DACH network meeting: may 16th2025 - 18th 2024 - international network meeting planned for autumn 20242025
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If you are interested, please contact us.
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Currently we look for support for the following topics
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