Global Reporting Initiative+Direct Economic Value Generated (G4-EC1-a)
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Direct Economic Value Generated (G4-EC1-a)

How much direct economic value (revenue) does the company generate?

Companies Values

Sochi Olympic and Paralympic Organizing Committee (SOOC)

2014 = $ 332

AT&T Stadium (formerly Cowboys Stadium)

2016 = $ 500,000
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Researched
Research Policy
Community Assessed
Report Type
Corporate Social Responsibility Report
Value Type
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Currency:
$

About

This metric is based on the Global Reporting Initiative (GRI) G4 Guidelines. It covers one of the reporting requirements of Indicator G4-EC1 – ‘Direct economic value generated and distributed’.

Information on the creation and distribution of economic value provides a basic indication of how the organization has created wealth for stakeholders. Several components of the economic value generated and distributed (EVG&D) also provide an economic profile of the organization, which may be useful for normalizing other performance figures. If presented in country-level detail, EVG&D can provide a useful picture of the direct monetary value added to local economies.

Methodology

To calculate the direct economic value that the company generates -  G4-EC1-a1:

  • Compile the EVG data, where possible, from data in the organization’s audited financial or profit and loss (P&L) statement, or its internally audited management accounts.


Revenues include the following:

  • Net sales equal gross sales from products and services minus returns, discounts, and allowances
  • Revenue from financial investments includes cash received as interest on financial loans, as dividends from shareholdings, as royalties, and as direct income generated from assets (such as property rental)
  • Revenues from sale of assets include physical assets (such as property, infrastructure, and equipment) and intangibles (such as intellectual property rights, designs, and brand names)

Reporting on this Indicator should include the following contextual information as a comment to the metric value:

    • where significant report EVG data separately at country, regional, or market levels, to better assess local economic impacts. Report the criteria used for defining significance. 
    • G4-EC1-b: Where significant report EVG data separately at country, regional, or market levels, to better assess local economic impacts. Report the criteria used for defining significance. 

 

For WikiRate Researchers:

  • Please see this page for guidelines on how to research values for GRI-based metrics.
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