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This metric is based on the Global Reporting Initiative (GRI) G4 Sector Supplement - Event Organizers. It covers the reporting requirements of Indicator G4-EO9 - 'Type, amount and impact of benefits, financial and in kind, received by the event organizer from suppliers'.
In the event industry, the event organizer may receive financial commissions, in kind products and services and other benefit from the supply chain. Transparent reporting in this area is relevant for stakeholders to understand how sourcing decisions could be influenced.
Financial and in kind benefits can be part of regular business practice, but significant benefits or patterns of the provision of benefits can signal an excessive level of supplier influence.
In the event industry, the event organizer may receive financial commissions, in kind products and services and other benefit from the supply chain. Transparent reporting in this area is relevant for stakeholders to understand how sourcing decisions could be influenced.
Financial and in kind benefits can be part of regular business practice, but significant benefits or patterns of the provision of benefits can signal an excessive level of supplier influence.