Absolute number and rate of employment
1.Total number and rate of new employee hires during the reporting period, by age group, gender, other indicators of diversity and region
2.Total number and rate of employee turnover during the reporting period, by age group, gender, other indicators of diversity and region

Employment and job creation are key drivers of economic growth, dignity and prosperity.
The metrics provide a basic indication of a company’s capacity to attract diverse talent, which is key to innovate new products and services. Employee turnover may serve as an indication of employee satisfaction or dissatisfaction and potential unfairness in the workplace. These metrics are related to the “People” pillar but included within “Prosperity” because it captures the degree to which a company is supporting employment within a region.

Adapted, to include other indicators of diversity, from GRI 401: Employment (2016) – Disclosure 401-1a New Employee hires and 401-1b Employee Turnover

Economic Contribution
1.Direct economic value generated and distributed (EVG&D) – on an accrual basis, covering the basic components for the organization’s global operations, ideally split out by:
a.Revenue
b.Operating costs
c.Employee wages and benefits
d.Payments to providers of capital
e.Payments to government
f.Community investment

2.Financial assistance received from the government - Total monetary value of financial assistance received by the organization from any government during the reporting period

Economic contribution provides a basic indication of how a company has created wealth for stakeholders.
EVG&D can provide a valuable snapshot of the direct monetary value added to local economies through generation of products and services, servicing of capital, payment of wages, taxes and community investment, while the significant financial assistance received from government, when compared with separate disclosures on taxes, can be useful for developing a more balanced and transparent snapshot of the balance of transactions between the company and government. 

GRI 201: Economic Performance (2016) – Disclosure 201-1 Direct Economic Value Generated and Distributed (EVG&D) and 201-4 Financial assistance received from government

Financial investment contribution disclosure 
1.Total capital expenditures (CapEx) – Depreciation supported by narrative to describe the company’s investment strategy
2.Share buybacks + Dividend payments supported by narrative to describe the company’s strategy for returns of capital to shareholders

Investment is a key driver of an economy’s growth and a company’s capacity to expand its operations and create additional employment. Wealth creation from investment activities can be evidenced through the company’s expenditures to grow the business as compared to distribution of capital to shareholders.

As referenced in International Accounting Standard (IAS) 7 – Statement of Cash Flows and US GAAP Accounting Standards Codification (ASC) 230 Statement of Cash Flows

Total R&D expenses ($)
Total costs related to research and development 

Innovation, and therefore R&D, is key to prosperity. Total R&D expenses gives a basic indication of a company’s efforts to innovate new products and services and be fit for the future.
This can also provide insight into the capacity of the company to create new offerings, generate social or environmental benefits and more detailed specific disclosure could demonstrate progress against the SDGs.

US GAAP definition ASC 730

Total tax paid
The total global tax borne by the company, including corporate income taxes, property taxes, non-creditable VAT and other sales taxes, employer-paid payroll taxes and other taxes that constitute costs to the company, by category of taxes

Reporting of total tax paid provides global information on the company’s contribution to governmental revenues through the different forms of taxation imposed on it. This reporting provides information on the company’s global tax profile and on the various categories of taxes that support governmental functions and public benefits.

Infrastructure investments and services supported 
Qualitative disclosure to describe the below components:
1.Extent of development of significant infrastructure investments and services supported.
2.Current or expected impacts on communities and local economies, including positive and negative impacts where relevant.
3.Whether these investments and services are commercial, in-kind, or pro bono engagements.

Combined with investment in its own operations, this metric captures the company’s capital contribution to the economy through provision of infrastructure services. This metric expands upon the Economic Contribution metric to identify further contributions to long-term value and a prosperous society.

GRI 203: Indirect Economic Impacts (2016) - Disclosure 203-1 Infrastructure investments and services supported

Significant indirect economic impacts 
1.Examples of significant identified indirect economic impacts of the organization, including positive and negative impacts
2.Significance of the indirect economic impacts in the context of external benchmarks and stakeholder priorities (e.g. national and international standards, protocols, policy agendas)

Indirect economic impacts such as economic development in areas of high poverty, improving or deteriorating social or environmental conditions and enhanced skills and knowledge in a community or in a geographic location are particularly important to assess as a facet of a company’s overall contribution to local communities and regional economies.
This metric expands upon the Economic Contribution metric to identify further contributions to long-term value and a prosperous society.

GRI 203: Indirect economic impacts (2016) - Disclosure 203-2 Significant indirect economic impacts

Social value generated (%)
Percentage of revenue from products and services designed to deliver specific social benefits or to address specific sustainability challenges

This metric captures the degree to which a business is generating products and services that support sustainability and can also provide insights into the capacity of the company to create new offerings through recognizing the benefits (e.g., revenue) from offering these products and services.

Adapted from 
GRI (FiFS7 + FiFS8) and SASB FN0102‑16.a; EPIC Report (2018)

Vitality Index
Percentage of gross revenue from product lines added in last three (or five) years calculated as the sales from products that have been launched in the past three (or five) years divided by total sales, supported by narrative that describes how the company innovates to address specific sustainability challenges.

The metric is a proxy to measure the effectiveness and productivity of a company’s investments in innovation and serves as a primary metric for the maturity phase of innovation.

Adapted from OECD Oslo Manual
Section 8.3.1

Total social investment ($)
Total Social Investment (TSI) sums up a company’s resources used for “S” in ESG efforts defined by CECP Valuation Guidance.

This metric is a more inclusive definition of community investment, which seeks to capture the multiple ways in which companies can demonstrate their investment in social activities beyond traditional charitable giving investments. 

CECP
Valuation Guidance

Additional tax remitted
The total additional global tax collected by the company on behalf of other taxpayers, including VAT and employee-related taxes that are remitted by the company on behalf of customers or employees, by category of taxes.

Companies may choose to report on additional tax remitted in order to provide global information on their further contribution to governmental revenues through the total taxes they collect in their business interactions with other taxpayers and remit to governments. The support that a company provides through this function enhances the operation of tax systems and reduces the administrative burden that governments otherwise would bear in collecting these taxes.

Adapted from GRI 201-1 (2016) - Direct Economic Value Generated and Distributed

Total and additional tax breakdown by country for significant locations
Total tax paid and, if reported, additional tax remitted, by country for significant locations.

Companies may choose to supplement their reporting of total tax paid, as well as additional tax remitted (if reported), by providing country-level information for significant business locations in order to highlight their contributions to governmental revenues and support for tax collections, in such countries.

Adapted from GRI 201-1 (2016) - Direct Economic Value Generated and Distributed