Value of payments made to local enterprises that sold goods or services to the organization during the reporting period.
Value of payments made to local enterprises that sold goods or services to the organization during the reporting period.
Organizations should footnote their definition of "local." See usage guidance for further information.
This metric is intended to capture payments made to local enterprises that supply goods or services to the reporting organization. Organizations can themselves determine the precise threshold at which they report suppliers. In most cases, organizations should include only those enterprises supplying goods and services that are fundamental to the operations of the reporting organization.
Individual organizations' definitions of local will depend on their business models and impact objectives. For example, if their purpose is economic development, they may define "local" within geo-political boundaries. If they focus on reducing emissions, they may define "local" by specific distance.
Organizations should not include subcontractors as part of this metric; subcontractors can be reported under Temporary Employees (OI9028) and its related submetrics.
This is a submetric of Payments to Supplier Organizations: Total (PI5478), which has 1 other related submetrics.
Metrics identified as "cross-category" are those that are relevant to any IRIS+ Impact Category or Impact Theme (i.e., these metrics are not specific to any particular industry/category or theme).