OI1: Output and Impact

Intent

The intent of this indicator is to assess the entity’s reporting on broad metrics covering capacity, output and impact value. These metrics assess the physical output from the entity and the service it provides. The output metric is then used as a denominator with other quantitative metrics (e.g. GHG emissions) to calculate intensity metrics. Intensity metrics will not be used as a basis for scoring in 2019, but may be used in future years. The impact value metric allows entities to report the ESG value of their activities.

Requirements

Select Yes or No: If selecting “Yes”, the entity must be actively tracking and reporting on all of the mandatory reporting metrics (indicated by the dark green cell outline).

Can the entity report on measures of output and impact? (for reporting purposes only)

• Yes
  • EXCEPTIONS - Does the entity’s data reported above cover all, and only, the facilities (as reported in RC3) and activities (RC4) for the entire reporting year (EC4)? (for reporting purposes only)
    • Yes
    • No

      • Please indicate which facilities, activities and/or time periods are additional or excluded from the data reported above

        ________________________

• No
  • Provide additional context for the answer provided (not validated, for reporting purposes only)

    ________________________

Changes: The metric “Output” is now mandatory, and metrics on GAV, revenue and input have been removed from the Output Table.

Prefill: The metrics in the column “Previous-year performance” have been prefilled with the 2019 Assessment response.

Performance Tables

Output table: Complete the table as follows:

• Previous-year performance (2018): This column shows the reported performance for the previous year (2018). If a metric is new or has changed substantially compared to last year’s Assessment, or if there is no data available for the entity for the previous year, ‘N/A’ is shown. It is not possible to enter any data into this column.
• Reporting-year performance (2019): Enter data for the performance during the reporting year for each metric where available.
• It is mandatory to enter data for “Output” (cell highlighted with a green border).
• ‘Zero’ is an acceptable answer if it is true and accurate. If the entity cannot provide the mandatory data then it must select ‘No’ for the overall indicator.
• The metrics and/ units for “Capacity” and “Output” will be automatically allocated based on the participant's primary sector (as determined by RC3). For example, for the sector Renewable Power: Solar Power Generation the relevant capacity unit would be ‘Installed capacity (MW)’ and the relevant output unit would be ‘Energy generated (MWh)’. In some cases, a sector will not have any relevant metric/units assigned, so 'Not applicable' will be displayed and the field does not need to be completed.
• “Impact value” should be estimated using Social Return on Investment (SROI) or a similar methodology. Methodology details may be provided in the additional context box.
• Reporting-year target (2019): Enter the targets that were applicable for the reporting year for each metric, where available.
• A target can be interpolated from a future-year target.
• A target (or the future-year target from which it is derived) must be formally adopted. This means that the entity must have set and communicated the target at least internally, and has implemented, or is preparing, actions to achieve the target.
• Future-year targets: Enter the relevant year for which the targets are set at the top of the column and enter the future-year targets for each metric where available.
• A target must be formally adopted.
• The target must be set for any future year that is not the reporting year.

Output and impact intensities table: Intensity metrics provide a basis for comparing and benchmarking ESG performance. Intensity metrics are not mandatory and not scored in 2020. The table should be completed as follows:

• Previous-year performance (2018): This column shows the reported performance for the previous year (2018). If a metric is new or has changed substantially compared to last year’s Assessment, or if there is no data available for the entity for the previous year, ‘N/A’ is shown. It is not possible to enter any data into this column.
• Reporting-year performance (2019): Intensity performance metrics are calculated automatically as follows:
• Output intensity (/GAV) = Output/GAV. GAV is reported in RC2 (Economic Size) and is converted from millions to units within the calculation.
• Output intensity (/Revenue) = Output/Revenue. Revenue is reported in RC2 (Economic Size) and is converted from millions to units within the calculation.
• Impact intensity (/GAV) = Impact value/GAV. GAV is reported in RC2 (Economic Size) and is converted from millions to units within the calculation.
• Impact intensity (/Revenue) = Impact value/Revenue. Revenue is reported in RC2 (Economic Size) and is converted from millions to units within the calculation.
• Impact intensity (/Output) = Impact value/Output. “Output” is reported in the Output table and is specific to the entity’s primary sector (reported in RC3).

In some cases, the calculated cells may show as ‘Not applicable’. This is either due to:

1. the participant not reporting the input data (within the indicator);
2. the participant not reporting on the relevant denominator (GAV/Revenue/Output);
3. there being no output metric applicable to the entity’s primary sector.
• Reporting-year target (2019): Enter the targets that were applicable for the reporting period for each metric, where available.
• A target can be interpolated from a future-year target.
• A target (or the future-year target from which it is derived) must be formally adopted. This means that the entity must have set the target at least internally and has implemented or is preparing actions to achieve the target.
• Future-year targets: Enter the relevant year for which the targets are set at the top of the column and enter the future-year targets for each metric where available.
• A target must be formally adopted.
• The target must be set for any future year that is not the reporting year.

An overview with the GRESB sector metrics and units list is also available here

Exceptions:

Select Yes or No: GRESB is seeking to standardize the scope and boundaries of reporting to allow for more accurate benchmarking and to progressively move towards scoring of performance. If the scope of the data reported for this indicator does not exactly match the reporting scope (facilities, ancillary activities and time period) as reported in “Entity and Reporting Characteristics” (EC3, RC3, RC4), then answer ‘No’ to this question and describe these exceptions in the “Exceptions” text box.

Examples are:

• Temporal - A toll road includes data on energy consumption from its street lighting within its boundary but due to a data glitch, it lost this data for a two month period during the reporting year.
• Physical - A power plant includes a switchyard facility within its reporting boundary but does not have data on water discharge for this facility.
• Operational - An airport includes the operation of mobile equipment within its reporting boundary but not for aircraft since these are operated by airlines.

Validation

This indicator is not subject to manual validation.

Scoring

This indicator is not scored and is for reporting purposes only.

Terminology:

Capacity: The entity’s physical capacity or maximum output over a period of time.

Gross Asset Value (GAV): The gross infrastructure value owned by the entity being the 'tangible fixed assets' or 'property, plant and equipment' associated with the infrastructure asset.

Impact value: The estimated net value (benefits minus costs) of the social and/or environmental impacts of the entity over the reporting period in monetary units.

Output: The entity's physical primary output for the reporting period.

Revenue: The annual income generated by the entity in exchange for providing the asset service.

References

The SROI Network, 2012 - A Guide to Social Return on Investment

Alignment with External Frameworks

GRI Standard 201: Economic Performance

GRI Standard 203: Indirect Economic Impacts

Relevant UN Sustainable Development Goals

SDG 7 - Affordable and Clean Energy

7.1 By 2030, ensure universal access to affordable, reliable and modern energy services

7.2 By 2030, increase substantially the share of renewable energy in the global energy mix

7.3 By 2030, double the global rate of improvement in energy efficiency

SDG 8 - Decent Work and Economic Growth

8.4 Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10‑Year Framework of Programmes on Sustainable Consumption and Production, with developed countries taking the lead

SDG 9 - Industry, Innovation and Infrastructure

9.1 Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all

SDG 11 - Sustainable Cities and Communities

11.3 By 2030, enhance inclusive and sustainable urbanization and capacity for participatory, integrated and sustainable human settlement planning and management in all countries

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