About the data
This metric is based on the Global Reporting Initiative (GRI) Standard Guidelines.
In the context of the GRI Standards, the economic dimension of sustainability concerns an organization’s impacts on the economic conditions of its stakeholders, and on economic systems at local, national, and global levels.
GRI 201addresses the topic of economic performance. This includes the economic value generated by an organization; its defined benefit plan obligations; the financial assistance it receives from any government; and the financial implications of climate change.
Information on the creation and distribution of economic value provides a basic indication of how an organization has created wealth for stakeholders.
In 2018, the GRI G4 Sustainability Reporting Guidelines were superseded by the GRI Sustainability Reporting Standards (GRI standards). For this metric, the code G4-EC1-a is used in company reporting prior to 2018, and the new GRI 201-1 code used in reporting from 2018 onwards. The methodology for the former G4 standard for this metric can be found here.
Methodology
For this metric question you are being asked to identify the total Economic Value Distributed (operating costs, employee wages and benefits, payments to providers of capital, payments to government by country, and community investments) of the organization for a specific year.
Start by searching publicly available documents like Annual and CSR reports.
Keywords and search terms for this metric:
- Economic Value Distributed
- 201
- GRI
- GRI Index
The distribution categories include:
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Operating costs
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Employee wages and benefits
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Payments to providers of capital
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Payments to government
- Community investments
You can find more information on these categories here.
Units
The reporting unit is US Dollars. If the value is reported different currency, please consult this page to find the conversion rate to use according to the company's reporting year. Once you have found the correct conversion rate, multiply that number by your answer to get the USD rate. Include this calculation in your comments.
Always include the page number where you found the answer in the Comments field below. Select the 'Unknown' answer box if the company has not published the data.