The problem
More than 750 million people in developing regions live on less than US$1.90 a day, the internationally agreed poverty line. Millions of others live on slightly more. In developed countries, millions experience poverty in myriad forms -- low income, homelessness, hunger and malnutrition, limited access to education and basic services, social discrimination and exclusion, and lack of participation in decision-making. Corporations have a central role to play in bringing people out of poverty, including by creating good jobs, paying a living wage, growing the economy through innovation, establishing and enforcing human rights policies for internal operations and supply chain partners, and charitable giving and involvement with local communities
How companies are rated
276K
Ethos is using 276,920 unique data points since 2017 to rate companies, stocks and funds on no poverty, including from these metrics:
Financial performance
r =
+0.028
Company ratings 1-yr return
Top 10 for no poverty
Top 50 for no poverty
S&P 500 Index
Bottom 50 for no poverty
Bottom 10 for no poverty
No poverty has a slight positive correlation (
+0.028
) with financial returns, meaning companies that perform better in this impact area tend to perform slightly better financially
Data partners and sources
What this formula is about
Poverty
poor
destitution
inequality
wealth inequality
minimum wage
living wage
fair wage
UN Sustainable Development Goal 1