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- Current work of the MDT
- Matrix 5.1.CSRD
- CSRD
- Matrix 6.0 Work on 6.0 is scheduled to begin in early 2024
- Possibilities for Feedback
- Support and Collaboration
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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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Current work of the MDT
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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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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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
There is a working group within the MDT that is exploring how a link to CSRD/ESRD could be established. More information about this working group can be found below.
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UNTIL MID MAY
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UNTIL END JUNE
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NOV 2023
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SEPT 2023
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JAN. 2024
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Matrix 6.0
Work on 6.0 is scheduled to
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mid 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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CSRD
The Working Group CSRD/ESRS is currently working on the combination/linking of int. reporting standards, such as ESRS/CSRD, NFI 2013/34, Taxonomy, CSDDD and ECG.
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
update 11/2023
Update 11/2023
Working on Scenarios & Framework to support the strategic decision by FMC.
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.
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
Possibilities for Feedback
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
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
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- 2025 - international network meeting planned for autumn
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Support and Collaboration
We are 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.
In general, the following competencies are necessary for the collaboration in the MDT :
- broad knowledge of the ECG Matrix
- experience in applying the ECG Matrix
- fluent English
- good communication skills
- team player
- familiar in using digital tools
- experience in managing / working in projects
If you are interested, please contact us.
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Currently we look for support for the following topics
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