This metric covers one of the requirements under PF indicator 2.12 of the Poverty Footprint Tool* concerned with livelihoods (security of income), which refers to: earnings, wages and benefits; security of income; labour rights and working conditions; access to training, credit and extension services; upward mobility; and the economic development of the community.
It covers questions related to macro-economy and how a company’s economic contributions, including distribution of profits, shareholder dividends, taxes, and employment, affect the standard of living of those living in poverty, or the balance of payments, in countries of operation. In general, this indicator demonstrates how the Corporate Areas of the “5 by 5 Framework” may contribute to or impact poverty and also suggests to companies areas or opportunities for improvement.
*It is important to note that this guide is for reference purposes only. It suggests indicators that project partners may consider, but it is not a complete or exhaustive list. As highlighted in the Poverty Footprint Guide, the project partners will determine the specific indicators to be used in a Poverty Footprint study, tailored to the company’s business model, industry standards, country/regional context, among other criteria (Please see the “Implementation Section” of the Poverty Footprint Guide for more information on how to identify indicators).
For project partners who have set out to research this indicator, the Poverty Footprint guideline suggests the following methodology:
consider using secondary research to identify topics such as:
commodity price volatility
seasonal business parttern(s)
savings and financial literacy
relative purchasing power
However, WikiRate researchers may review one of the following company statements using search terms like "security of income", "company investment", and "investment strategy" to determine whether the company in question publicly discloses what it has planned regarding investments (or divestments) in the country it operates in:
Poverty Footprint
Corporate Social Responsiblity Report
Annual Report
Please provide the following contextual information in a comment to the metric value:
any additional disclosure regarding investment strategies, e.g. policy statements, company's plans in the country, etc.
the page number of the report where this information can be found