Event Organizers Sector Supplement - Global Reporting Initiative
Event Organizers Sector Supplement - Global Reporting Initiative
Event Organizers Sector Supplement - Global Reporting Initiative
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IP<br />
&<br />
EOSS<br />
Indicator Protocols Set: Sourcing<br />
EO10 Type, amount and impact of<br />
benefits, financial and in kind, received<br />
by the event organizer from suppliers.<br />
1. Relevance<br />
In the event industry, the event organizer may receive<br />
financial commissions, in kind products and services<br />
and other benefits from the supply chain. Transparent<br />
reporting in this area is relevant for stakeholders to<br />
understand how sourcing decisions could be influenced.<br />
<strong>Event</strong> <strong>Organizers</strong> <strong>Sector</strong> <strong>Supplement</strong><br />
2.8 Report the percentage of workforce (paid<br />
employees, volunteers, and contracted labor, and,<br />
where relevant, participants who are content<br />
providers including athletes, artists, or speakers)<br />
receiving benefits.<br />
3. Definitions<br />
Benefit<br />
A gain that improves or promotes wellbeing or provides<br />
an advantage. In this Indicator, may include for example<br />
a gratuity, gift, commission or sole supplier deal.<br />
EO<br />
Financial and in kind benefits can be part of regular<br />
business practice, but significant benefits or patterns of<br />
the provision of benefits can signal an excessive level of<br />
supplier influence.<br />
2. Compilation<br />
2.1 Identify practices in place to address the potential<br />
risks associated with financial and in kind benefits<br />
and to enable transparent reporting. These could<br />
include:<br />
• statements in supplier contracts<br />
• negotiation strategies<br />
• royalty agreements<br />
2.2 Identify the type and financial value of each type<br />
of financial and in kind benefit received. Benefits<br />
should include commissions, gifts and value in<br />
kind.<br />
Supplier<br />
External party from whom products or services are<br />
obtained or with whom contracts are concluded for the<br />
provision of goods and services. In this <strong>Supplement</strong>, the<br />
term supplier includes contractors and sub-contractors,<br />
manufacturers, wholesalers and service providers.<br />
4. Documentation<br />
Client contracts including financial contracts may<br />
include this information.<br />
5. References<br />
• United Nations <strong>Global</strong> Compact Principle #<br />
10. ‘Businesses should undertake initiatives to<br />
promote greater environmental responsibility’,<br />
2000<br />
EO<br />
2.3 Identify type of suppliers providing benefits and<br />
the percentage of suppliers with whom there is a<br />
benefit relationship in place.<br />
2.4 Identify the percentage of the organization’s<br />
workforce (paid employees, volunteers, contracted<br />
labor and, where relevant, participants who are<br />
content providers including athletes, artists or<br />
speakers) receiving benefits.<br />
2.5 Report the type of financial and in kind benefits<br />
received by the organization’s workforce.<br />
2.6 Report the financial value of each type of benefit<br />
received by the organization’s workforce.<br />
2.7 Report the type of suppliers providing benefits<br />
and the percentage of suppliers with whom there<br />
is a benefit relationship in place.<br />
4<br />
© 2000-2012 GRI