With poverty eradication central to the post-2015 sustainable development agenda, the Global Compact and Oxfam, in close collaboration with a multi-stakeholder advisory group, have partnered to launch the Poverty Footprint tool. This assessment tool takes a people-centered approach to look at business impacts (both positive and negative) on the multi-dimensional aspects of poverty.
The tool provides a comprehensive overview of factors that influence poverty, emphasizes stakeholder engagement, partnership between companies and civil society and promotes corporate transparency and pro-poor business strategies. Oxfam and the UN Global Compact are enhancing the tool and working to scale up adoption of poverty footprinting by a broader group of stakeholders.
Companies and civil society organizations are invited to pilot the enhanced Poverty Footprint tool and guidance by contacting Ms. Michelle Lau.
