expand_less This metric covers one of the requirements under [[https://www.unglobalcompact.org/docs/issues_doc/human_rights/PovertyFootprintIndicator.pdf| PF indicator 1.11]] of the Poverty Footprint Tool* concerned with livelihoods, which refers to the ability of people living in poverty to meet essential needs for themselves and their family, i.e., adequate food, housing, clothing, and healthcare, in the context of supporting and protecting their rights. Beyond earnings, it refers to the opportunity for individuals to pursue options for personal development, upward mobility, career development, and security.It also highlights how a company’s value chain and its procurement, manufacturing, and distribution policies and/or practices influence the ability of people living in poverty to access good-quality employment, earn a living wage or sustain a business, and participate in the market.The indicator demonstrates how the Corporate Areas of the “5 by 5 Framework” may contribute to or impact poverty. In general, these indicators also suggest 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).