Global Reporting Initiative+Economic Value Retained (G4-EC1-a)
0

Economic Value Retained (G4-EC1-a)

How much economic value does the company retain (Economic Value Generated - Economic Value Distributed)?

Companies Values

Environmental Resources Management

2014 = $ 64M
Designed By
Topics
Metric Type
Research Policy
Community Assessed
Report Type
Corporate Social Responsibility Report
Value Type
Update Value Type
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 retains -  G4-EC1-a3:

  • Compile the EVG&D data (see G4-EC1-a1 & G4-EC1-a2), where possible, from data in the organization’s audited financial or profit and loss (P&L) statement, or its internally audited management accounts.
  • Subtract the Economic Value Distributed (EVD) of the Economic Value Generated (EVG), this will give you the Economic Value Retained (EVR).

For WikiRate Researchers:

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