Poverty Footprint+Fair Trade Mechanism+methodology

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:

    • legal minimum wages and benefits entitlement to workers in the country of study

    • wage benchmarks (poverty thresholds, industry average, national average income, etc.)

    • commodity prices (as per market prices)

    • average household sizes (important to consider in living wage calculations)

    • existing living wage calculations

However, WikiRate researchers may review one of the following company statements using search terms like "fairtrade", "fair trade", "fair prices", and "local procurement" to determine whether the company in question publicly discloses if it has a fairtrade policy/mechanism in place:

  • Poverty Footprint

  • Corporate Social Responsibility Report

  • Annual Report

  • Other reports or surveys

Please provide the following contextual information in a comment to the metric value:

  • any additional disclosure regarding supply chain disclosures, local vs. international procurement, etc.

  • the page number of the report where this information can be found