The new IOC legacy reporting framework was presented to experts and Olympic scholars from all over the world during the 9th International Sport Business Symposium, in Chuncheon, Korea, on 21 February 2018.
To support Olympic Games Organising Committees and local authorities with the regular reporting of legacy, the IOC has recently introduced a legacy reporting framework, devised in partnership with leading experts in this field. It applies a flexible structure to identify, describe, analyse and measure legacy. This framework, together with the Olympic Games sustainability reports, will replace the Olympic Games Impact study (OGI), which had become outdated with the arrival of new reporting standards like the Global Reporting Initiative (GRI) or the International Integrated Reporting Framework (IIRC).
Starting with Tokyo 2020, host cities and legacy entities will apply the framework to identify, classify and communicate potential legacies during the years of Olympic Games preparation. The legacy inventory will be updated on a regular basis.
The most important legacies (which are those defined as a priority by the local stakeholders) will be further described through case studies. They will then be closely followed for several years after the Olympic Games have concluded.
In parallel with the inventory and tracking of legacy information, a common methodology will be applied to analyse and measure legacy outcomes. The aim is to explain how legacy is created and the specific role played by hosting the Olympic Games. For each edition of the Games, legacy outcomes will be measured, based on a set of key performance indicators (KPIs), customised in each case on the basis of specific legacy vision and objectives.
Olympic legacy reporting builds on the experience acquired through the publication of Games sustainability reports. Since Vancouver 2010, progress on the implementation of sustainability plans has been made public by means of at least one sustainability report prior to the Olympic Games and one post-Games sustainability report, in conformity with internationally recognised sustainability reporting standards. Tokyo 2020 will produce two sustainability reports before the Olympic Games.