Global Reporting Initiative Reports

GRI Indicator 203-2
Reporting Level Complete

Significant indirect economic impacts, including the extent of impacts

Sustainability in all its forms -- environmental responsibility, good corporate citizenship, ensuring socially-responsible business practices --is important and integral to the way we do business around the world.

See also:

Lowe Lintas and Lifebuoy Create Hand Sanitizing Stations in India 10/29/2018

Report examples of the significant identified positive and negative indirect economic impacts the organization has. These may include:

Sustainability in all its forms — environmental responsibility, good corporate citizenship, ensuring socially-responsible business practices –is important and integral to the way we do business around the world.

In terms of suppliers, IPG actively assesses the credentials and qualifications of our partners and encourages them to adopt environmentally friendly policies. At IPG, we source from a wide base of suppliers to ensure economic advantage for our clients.

Each year, around the world, IPG agencies work to make a difference in the communities where our agencies operate.  These projects can be seen on the Sustainability and Purpose section of our website and include partnering with the United Nations on furthering Sustainable Development Goal #6, access to clean water and sanitation, encouraging voter participation and taking a stand on issues of bias in communities where our employees live and work.

In developing nations where IPG operates, IPG agencies, by the nature of their business, help local businesses to be more productive in terms of their marketing and promotional activities.  IPG agencies in local markets around the world purchase goods and services from local businesses and entrepreneurs and, of course, employ individuals from local communities. All of these activities benefit the local economies where IPG agencies operate.