Current work of the MDT

These are the planned improvements the MDT is working on. 

5.1
+ CSRD content for big companies

(march 2023- end 2023)

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 (see information on CSRD /ESRS below) 

6.0 

(start beginning 2024 until mid 2025) 

a) improved matrix with major changes like scoring system

b) CSRD alignment (see information below)  

Creation Process MDT (time planning) 

Current work of the MDT

(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 

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

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

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

Link to CSRD-Working-Group

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.

Possibilities for Feedback 

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• • • Email for general issues: bilanz@ecogood.orgEmail: bilanz@ecogood.orgRocketChat:
      a) feedback for the MET: https://chat.ecogood.org/channel/hub.mdt.matrix-feedback 
      b) Questions FROM the MET to Matrix-Experts: https://chat.ecogood.org/channel/hub.mdt.asks-public
    • 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: November 17th 2023 - international DACH network meeting, DACH: may 2025 - network meeting may 15th-18th 2024
  • Contact person for the various topics 
  • • international network meeting planned for autumn 2025

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 members for B1 or B4, C2, C4, D1, E1, E2, 
•  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