Economic performance |
Economic
Performance Indicator |
Description |
Reported |
Cross-reference /
Direct answer |
If applicable, indicate the part not reported |
Reason for omission |
Explanation |
To be reported in |
EC1COMM |
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. |
Fully |
Economic Value Generated |
|
|
|
|
EC2 |
Financial implications and other risks and opportunities for the organization's activities due to climate change. |
Fully |
Financial Implications of Climate Change |
|
|
|
|
EC3 |
Coverage of the organization's defined benefit plan obligations. |
Fully |
Annual report pg. 160 -161 |
|
|
|
|
EC4 |
Significant financial assistance received from government. |
Fully |
Financial Assistance Received from the Government |
|
|
|
|
Market presence |
EC5 |
Range of ratios of standard entry level wage compared to local minimum wage at significant locations of operation. |
Fully |
Workforce Snapshot |
|
|
|
|
EC6 |
Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation. |
Fully |
Local Supply |
|
|
|
|
EC7 |
Procedures for local hiring and proportion of senior management hired from the local community at significant locations of operation. |
Fully |
Currently, M&M does not have any specific procedure for local hiring of senior management. The hiring takes place purely on merit irrespective of location of the person. |
|
|
|
|
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. |
Fully |
CSR Investments |
|
|
|
|
EC9 |
Understanding and describing significant indirect economic impacts, including the extent of impacts. |
Not |
|
|
Not available |
|
2015 |