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GRI INDEX
GRI 3 – Economic Performance Indicators
Aspect
Core
Complementary Description
Ibersol Performance
Economic
Performance
EC1
Direct economic value generated
and distributed, including revenues,
operating costs, employee
compensation, donations and other
community investments, retained
earnings, and payments to capital
providers and governments.
Consult 2013 Annual Report
and Accounts
EC2
Financial implications and other
risks and opportunities for the
organization’s activities due to
climate changes.
Consult 2013 Annual Report
and Accounts
EC3
Coverage of the organization’s
defined benefit plan obligations.
Health and personal accident plans for
the Group’s senior staff.
EC4
Significant financial assistance
received from government.
In 2013 Ibersol received support from the
government within the scope of POPH
vector 3.2 and support for 7 professional
internships in the scope of administrative
rule no. 92/2011 of 28 February.
Market
Presence
EC5
Ratio of lowest wage and local
minimum wage in significant
operational units.
The ratio is equal to 1.
EC6
Policy, practices, and proportion of
spending on locally-based suppliers
in significant operational units.
Whenever a product or service can
be obtained through local suppliers,
according to the established product
and service conditions, Ibersol gives
priority to local suppliers. However,
there is no formal policy governing
spending ratios relative to local
suppliers and others.
EC7
Procedures for local hiring and
proportion of senior management
hired from the local community in
significant operational units.
Indirect
Economic
Impacts
EC8
Development and impact of
infrastructure investments and
services provided primarily for
public benefit through commercial,
in-kind, or pro bono engagement.
Chapter 5 – Social Performance
EC9
Description and analysis of most
important indirect economic
impacts, including their extent.
Chapter 2 – Organizational Profile and
2013 Annual Report and Accounts
Locations
% Local Senior
Management
Portugal
100%
Spain
50%
Angola
100%
