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URB-B.05.C - Local Supplier Spending Disclosure
Does the company disclose the proportion of its spending on local suppliers?
24445327
Researched

About the data

The WBA Urban Benchmark measures and ranks the world's most influential companies on their efforts to shape sustainable, inclusive and resilient urban environments, tracking how companies address essential urban needs while respecting planetary boundaries across dimensions including decent work and human rights, environmental and climate impacts, social inclusion, and sustainability leadership. The 2026 edition assessed 300 companies across four key industries shaping urban environments: real estate, construction and engineering, transport, and utilities. Companies were scored on 24 urban-specific indicators plus 18 core social indicators, spanning four measurement areas: sustainable governance, inclusive cities, healthy cities, and climate change and resilient cities. The benchmark is designed to incentivise the private sector to take adequate responsibility for its role in ensuring affordable, safe and inclusive urban environments for all. More information can be found here.
Large companies can contribute positively to local economies by creating jobs and income
opportunities, procuring inputs locally from small and medium enterprises and injecting capital
through investments, all of which stimulate local demand and help other businesses grow. Conversely,
companies can hinder local economic development by outsourcing labour, procuring inputs abroad
and creating monopolies over local businesses. Capturing data on the value created versus extracted
from local economies helps understand the direct and indirect impacts that large enterprises have on
local growth and productivity rates, wage and employment trends, poverty reduction and inequality.


Research Guidance

The company should report the monetary value spent on local suppliers, the percentage of the procurement budget that is spent on local suppliers, or the percentage of products and services purchased locally.
The number of local suppliers (as a proportion of the total) is also accepted, but the value is preferred in order to grasp the impact on local economies.
The proportion of spending on SMEs/MSMEs, or proportion of suppliers that are SMEs/MSMEs, is also accepted.
Topics
Framework Mappings
Value Type
Category
Options
Yes
No
Assessment
Steward Assessed
Report Type
Aggregate Data Report