Which GRI Standard addresses the topic of economic performance?

The GRI Standard that addresses the topic of economic performance is GRI 201. This standard specifically focuses on the organization’s economic aspects, including direct economic value generated and distributed, which encompasses revenues, operating costs, employee compensation, and other financial aspects that showcase an organization's overall economic performance.

By utilizing GRI 201, organizations can provide stakeholders with insights into their economic activities, aligning their reporting with stakeholders' interests, particularly in terms of transparency regarding financial health and sustainability. This is essential for building trust and demonstrating accountability, which in turn supports informed decision-making by investors, customers, and other stakeholders.

The other options do not address economic performance directly. GRI 103 revolves around the management approach to reporting metrics, GRI 202 focuses on market presence, including aspects like the proportion of senior management hired from the local community, and GRI 301 pertains specifically to materials, focusing more on material inputs and waste rather than overall economic performance. Thus, GRI 201 is the appropriate standard for reporting on economic performance.