What exactly is this goal?: SDG 1 aims to end poverty in all its forms everywhere in the world. About 17% of the world population lives on less than €1.13 per day and many have no access to necessary resources, such as food or drinking water. Poverty exacerbates problems such as hunger, access to education and health care, social discrimination and exclusion from work. In addition, some phenomena such as climate change and the refugee crisis may increase the levels of poverty in the coming years. SDG 1 aims to eradicate extreme poverty around the world, reducing it in all its dimensions and facilitating access to economic resources for the entire population, to basic services and social protection. The goal also aims to reduce the exposure of people living in conditions of vulnerability to economic, social and environmental disasters, and to boost the growth of developing countries, through cooperation and the creation of a solid regulatory framework at national, regional and international levels.
Corporate role: businesses play a fundamental role in achieving SDG 1. They may in fact contribute to the defeat of poverty by creating job opportunities for the most disadvantaged groups, ensuring decent working conditions for employees and throughout the supply chain, impacting positively on local communities, on developing countries and on areas afflicted by social and environmental crises. All companies, regardless of industry sector, can implement measures in this regard. Further information
How to measure the corporate contribution: there are some specific indicators to monitor and quantify the actions of companies such as: the percentage of local re-investments; the number of initiatives to improve access to financial services for disadvantaged people; and the volumes of biofuels produced and purchased in accordance with sustainability criteria.