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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
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)
(Sept. 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.
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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 setting up new teams to begin work in the updated structure.
An online training programme for version 5.1 will be offered for interested Consultants and Auditors in English in the ECG-Academy, starting September 2024.
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Matrix 5.1.
Workbook 5.1 completed
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| title | Main Improvements of the 5.1 |
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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 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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| title | Video Pre-Release 5.1 for Editors and consultants April 2024 |
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Please create an ECG Academy account first, if you haven`t done so yet: https://academy.econgood.org - Then you can access the course by self-enrolment. You can also download a Certificate of Completion once you finished all elements of the course. https://academy.econgood.org/course/view.php?id=19 |
Additional Information Matrix 5.1.
Preliminary Scheduled Release of the Matrix 5.1.
In this table, you can see the planned and currently prepared steps for the public release of version 5.1
| What | time | status |
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- Ideation Process (IDP):
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a) New Ideas are discussed | | b) Decision of the editors if they are going to implement the idea is taken | | c) What needs to be done is clear, outlined and planned | | 2. Implementation Process (IMP): | | Status |
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| title | Until end June |
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| a) Editors enter their changes in the internal database | | Status |
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| colour | Green |
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| title | DONE |
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3. | Release Process (REP): | | Status |
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| title | planned until end 2023 |
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a) July sept Bluestarted b) Fine-tuning in English & translation into German, Spanish and Italian. | |
sept 2023 | c) | |
Translation to German
(The German translation will be publicly released alongside the English version,
with an expected launch in November) | | Status |
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| colour | Grey |
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| title | August 2024 |
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Translation to Spanish and Italian Volunteers needed! please contact Estrellita García | | | Status |
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| colour | Yellow |
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| title | Preparation |
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IT:
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 Rolandsept 2023 | | Status |
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| colour | Yellow |
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| title | in preparation |
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d) oct 2023 | e) Publication of layouted versions on the web (websites?) | | f) | Webbinars for consultants / audit (sessions for Q&A) | | |
| Develop Launching Material (Press Release, Social Media Assets) | |
dec 2023- jan. 2024 | CSRD
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| Launch the Workbook 5.1 | | | Status |
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| colour | Yellow |
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| title | in preparation |
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The new Matrix 5.1 overview/picture can be used,
with the note that reporting is expected to be possible not before autumn 2024. | | |
The new workbook is English and German available for review for consultants and auditors, with the caveat that reporting / auditing can not start before autumn 2024 | | |
Publication of layouted versions on the web / websites + additional tools (for example reporting template) | | |
Official launch of the digital version 5.1:
The digital reporting tool and E-calculator are now ready to use. (English and German) | | |
| Gather Feedback and Respond to Inquiries | | |
| Periodic Updates | | |
The translations will be organized nationally. If you are interested, please contact: Estrellita García
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.
The new team for Matrix 6.0 has started work in September.
Currently, the work packages are being put together, and the team is ready to approach the tasks with full focus. The energy and motivation within the team are hard to beat.
By mid-October, we will present the first results and proposals for the further development of the Matrix to our stakeholders.
In the meantime, we are establishing Stakeholder Circles (contact Sabine Lehner for more information) to gather feedback in alignment with our Matrix from suppliers, owners and financial services, employees, and the social environment.
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
Sigrid Koloo, +43 660 7616869, sigrid.koloo@ecogood.org
Possibilities for Feedback
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| title | How to give feedback |
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- 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. |
Job Offer
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
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
- Support for the Environmental Footprint Working Group
- Lead for the Stakeholder groups Customers and Social Environment
- Lead for the Value Groups Environmental Sustainability and Transparency & Co-Determination
- New member for B1 or B4, C2
- Support for D4, A2 and A4
- expert /professionell input for the materiality topic
- support for weighting / relevance filtering group for 6.0 (needed by the end of 2023)
- interlink ECG / GRI Standards