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These are the planned improvements the MDT is working on. 

Phase 1 (asp - end 2023)
5.1+ CSRD content for big companies

a) integrate feedback, create content for the digital workbook + reporting template (Improvements that don’t affect the scoring) 
b) CSRD / ESRS for big undertakings separately

Phase 2 (starting mid 2023 until end 2024) 
a) 5.1 (see above) 
b) an alignment with the CSRD&ESRS requirements for listed SMEs.

Phase 3: 6.0 starting may 2023 aimed for 2025 

a) improved matrix with major changes like scoring system
b) including EU-proposals for non listed undertakings

Creation Process MDT (time planning) 



Info
titleTranslation

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.


Image Added


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 

For the last months MDT worked intensively on completing the new version 5.1 of the matrix. 

The new workbook 5.1 is completed and has been 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 end April and we will go public with it probably in October. 


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titleV5.1 Transition Update: MDT challenges and call for collaboration

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:

  • Consultants not having enough time to prepare for questions about the changes.
  • Difficulty getting up to speed on the new version.
  • Needing to update a lot of materials at once.(Training materials for new consultants) and IT infrastructure (e.g. Audit-Tool)
  • A feeling of being out of the loop on the MDT's progress.
  • Confusion about when the audit for V5.0 ends and V5.1 starts.

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:


  • Stay informed with internal resources: We have a lot of great information available on the WIKI, including the regularly updated Workbook Working Version, meeting minutes, project websites, and announcements for upcoming training courses. Be sure to check out the Seedlinks newsletter for updates as well! Please check at our new-page regulary 
  • Remember, we're an international hub: English is our working language to ensure everyone has access to the information. We still respect different national priorities and try to find common ground in our decisions, even if we can't incorporate every suggestion.
  • We focus on providing adaptable resources: The MDT delivers resources that can be adjusted to fit specific national or regional needs. If you have questions about adapting materials or have resources relevant to our work, please reach out to us at bilanz@ecogood.org

We're all in this together, and by working as a team, we can make sure the transition to V5.1 is a success!

Expand
titleMain Improvements of the 5.1

The goal of this iteration was to incorporate feedback, prepare processes for a digital workbook, and to improve the reporting template. 

The main changes in the updated version of the ECG standard are as follows:

  • Terminology: The terms "company" and "firm" have been replaced with "organisation" throughout the standard. This is to make the standard more inclusive and to reflect the fact that not all organizations are profit-making entities.
  • Clarity and consistency: The language of the standard has been made more clear and consistent throughout, and some of the questions have been rephrased for better understanding.
  • Life cycle perspective: The importance of considering the entire life cycle of a product or service, from raw materials to disposal, has been emphasized throughout the standard. This is to ensure that organizations take into account the environmental and social impacts of their entire operations.
  • New topics: Several new topics have been added to the standard, including biodiversity, circularity and cradle to cradle, eco-efficiency and eco-effectiveness, and sufficiency.
  • Verification indicators: Verification indicators have been added to some of the aspects of the standard to help organizations assess their performance more accurately.

The team will provide material provided by the ECG-Academy that explains the changes. 


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titleTime Planning Matrix 5.1
Whattimestatus
  1. Ideation Process (IDP):

Status
titleUntil mid may

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a) New Ideas are discussed

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b) Decision of the editors if they are going to implement the idea is taken


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c) What needs to be done is clear, outlined and planned

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2. Implementation Process (IMP): 

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titleUntil end June

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titleDone

a) Editors enter their changes in the internal database 


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titleDONE

3. Release Process (REP): 

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titleplanned until end 2023


a) Work of the review team

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SEPT -

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NOV 2023

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done

b) Fine-tuning in English & translation into German, Spanish and Italian.

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titleAugust 2024

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Done

c) Creation of the JSON in English, so that all online tools have the same content as in the manual. (esp. eCalculator by Michael and Wordpress reporting template by Roland)

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Sept 2024

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titlein preparation

d) Layout for print

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August 2024

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titleIn Preparation

e) Publication of layouted versions on the web (websites?)

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August 2024


f) Webbinars for consultants / audit (sessions for Q&A)

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APRIL / May 2024

CSRD 

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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

Objectives

      • In December 2023, be able to state: Matrix 5.0 is xx% 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

Deliverables by 12/2023 

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)
    • Table on all indicators & reporting questions to enter results
  • Matching document (table) of all indicators & reporting questions ESRS/CSRD & ECG

Framework 

  • 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

Rough Tasks

  • 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

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Possibilities for Feedback 

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Info
titleHow to give feedback
  • In principle: we ask for feedback that is as concrete as possible and also names the subject area/chapter+section so that it can be assigned to the editor. If there are requests for changes, it would also be helpful to have suggestions for improvement. 

Please use this FORM to give specific Feedback and help us improve the Matrix. 


Support and Collaboration 

We are still looking for people who want to actively contribute to the Matrix Development Team. 
Either as editor in charge of a topic or to edit complementary topics. 

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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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