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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

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