GRI 202: Market Presence 2016 sets out reporting requirements on the topic of market presence. This Standard can be used by an organization of any size, type, sector or geographic location that wants to report on its impacts related to this topic.
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. It does not focus on the financial condition of an organization.
The Standards in the Economic series (200) address the flow of capital among different stakeholders, and the main economic impacts of an organization throughout society.
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. For example, this can include the organization’s approaches to remuneration or local hiring.
The disclosures in this Standard can provide information about an organization’s impacts related to market presence, and how it manages them.
Effective date: 1 July 2018
Earlier adoption is encouraged.
GRI 202: Market Presence
1. Management approach disclosures
2. Topic-specific disclosures
Disclosure 202-1 Ratios of standard entry level wage by gender compared to local minimum wage
Disclosure 202-2 Proportion of senior management hired from the local community