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 202 addresses the topic of an organization’s market presence, covering its contribution to economic development in the local areas or communities where it operates.
Including members from the local community in an organization’s senior management demonstrates the organization’s positive market presence. Including local community members in the management team can enhance human capital. It can also increase the economic benefit to the local community, and improve an organization’s ability to understand local needs.
The disclosures in this Standard can provide information about an organization’s impacts related to market presence, and how it manages them.
In 2018, the GRI G4 Sustainability Reporting Guidelines were superseded by the GRI Sustainability Reporting Standards (GRI standards). For this metric, the code G4-EC6-a is used in company reporting prior to 2018, and the new GRI 202-2 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 percentage of senior management at significant locations of operation that are hired from the local community.
Answers & Calculations
Senior management hired from the local community includes those individuals either born or who have the legal right to reside indefinitely (such as naturalized citizens or permanent visa holders) in the same geographic market as the operation. The geographical definition of ‘local’ can include the community surrounding operations, a region within a country, or a country.
To calculate the percentage of senior management hired from the local community:
- Calculate this percentage using data on full-time employees.
- If more than one location is reported, the metric value should relate to the location where the company is headquartered.
Keywords and search terms for this metric
- Senior Management
- Local Community
- 202
- GRI
- GRI Index
Once you have found the answer, make sure the unit of measurement fits to the question on WikiRate (%). If it does not, convert or calculate the answer and document your approach in the Comments field below.
p(%) = (P / T) x 100
Where P is the number of senior management positions hired from the local community, and T is the total number of full time employees.
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.
For WikiRate Researchers:
- Please see this page for guidelines on how to research values for GRI-based metrics.