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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
(update January Sept. 2024)
Matrix 5.1.
For the last months MDT worked intensively on completing the new version 5.1 of the matrix.
The work of the editors is complete and the process of translation into English and revision of additional information has begun. The new matrix is expected to be available in March 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 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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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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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. |
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
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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.
Creation Process Matrix version 5.1 (time planning)
What
time
status
- Ideation Process (IDP):
UNTIL MID MAY
DONE
DONE
b) Decision of the editors if they are going to implement the idea is taken
DONE
DONE
UNTIL END JUNE
DONE
a) Editors enter their changes in the internal database
DONE
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| Release Process (REP): |
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| Work of the review team |
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Fine-tuning in English & translation into German, Spanish and Italian. |
NOV 2023
IN PREPARATION
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| Translation to German (The German translation will be publicly released alongside the English version, with an expected launch in November) |
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Translation to Spanish and Italian Volunteers needed! please contact Estrellita García |
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| Creation of the JSON in English, so that all online tools have the same content as in the manual. (esp. eCalculator |
| Wordpress reporting template |
SEPT 2023
IN PREPARATION
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| Layout for print |
NOV 2023
JAN 2024
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| Training for consultants and stakeholders: |
| Webbinars for consultants / audit (sessions for Q&A) |
JAN. 2024
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| Develop Launching Material (Press Release, Social Media Assets) |
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| Launch the Workbook 5.1 |
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The new Matrix 5.1 overview/picture can be used, |
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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 |
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Publication of layouted versions on the web / websites + additional tools (for example reporting template) |
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Official launch of the digital version 5.1: |
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| Gather Feedback and Respond to Inquiries |
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| Periodic Updates |
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The translations will be organized nationally. If you are interested, please contact: Estrellita García
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
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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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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- 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
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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.
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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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