GRI 204: Procurement Practices 2016 sets out reporting requirements on the topic of procurement practices. 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.

Background

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 204 addresses the topic of procurement practices. This covers an organization’s support for local suppliers, or those owned by women or members of vulnerable groups. It also covers how the organization’s procurement practices (such as the lead times it gives to suppliers, or the purchasing prices it negotiates) cause or contribute to negative impacts in the supply chain.

The disclosures in this Standard can provide information about an organization’s impacts related to procurement practices, and how it manages these impacts.

Effective date: 1 July 2018

Earlier adoption is encouraged.

Contents

Introduction

GRI 204: Procurement Practices

1. Management approach disclosures
2. Topic-specific disclosures

Disclosure 204-1 Proportion of spending on local suppliers

Translations

 

Please see the GRI Standards translation page for translations in other languages, or to find out more about the upcoming translation schedule and how to get involved.

Related Standards

This Standard is to be used together with the most recent versions of the following documents.