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 201 addresses the topic of economic performance.
Information on the creation and distribution of economic value provides a basic indication of how an organization has created wealth for stakeholders. If presented in country-level detail, EVG&D can provide a useful picture of the direct monetary value added to local economies.
*In 2018, the GRI G4 Sustainability Reporting Guidelines were superseded by the GRI Sustainability Reporting Standards (GRI standards).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 is used in reporting from 2018 onwards. The methodology for the former G4 standard for this metric can be found here.
For this metric question you are being asked to identify the total Direct Economic Value Generated (revenue) of the organization for a specific year.
Start by searching publicly available documents like Annual and CSR reports.
Answers & Calculations Revenue includes the following:
1. Revenues from financial investments including cash received as:
• interest on financial loans;
• dividends from shareholdings
• royalties;
• direct income generated from assets, such as property rental.
2. Revenues from sale of assets including:
• physical assets, such as property, infrastructure, and equipment;
• intangibles, such as intellectual property rights, designs, and brand names
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.
Select the 'Unknown' answer box if the company has not published the data.
Always include the page number where you found the answer in the Comments field below.