1. No poverty

SDG 1. No Poverty

End poverty in all its forms everywhere

Targets^*

1.1 Eradicate extreme poverty for all people everywhere
1.2 Reduce the proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions
1.3 Implement nationally appropriate social protection systems and measures for all
1.4 Ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services
1.5 Build the resilience of the poor and those in vulnerable situations and reduce their exposures and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disasters

Key insights

• Despite great progress in the last decade, the proportion of the population living below the national poverty line in the ASEAN region is still high in some countries, such as Myanmar (32.1%), Lao PDR (23.2%), the Philippines (21.6%), and Cambodia (14%).¹

Business actions^**

1. Engage in the creation of secure and decent jobs, especially in least developed countries and for vulnerable populations
2. Implement programmes to economically empower disadvantaged groups
3. Ensure decent working conditions for all employees across the business and supply chain
4. Create and market goods and services that specifically cater to and aim to improve the lives of vulnerable groups

Example

• A local bank in Myanmar and a Norwegian mobile operator formed a joint venture to provide mobile banking services to the unserved population, thereby building the market for their products and simultaneously contributing to the financial inclusion of rural communities.²
• A large agri-business in the Philippines developed a model to sustainably improve farmers’ livelihoods by offering them access to finance and specialised inputs, technical assistance, and guaranteed purchases. While farmers benefit from increased incomes and ownership, the company secures a stable supply of high quality agricultural inputs through this programme.³

Thought Leadership

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Find out why homelessness is still a prevalent problem in major cities and economies around the developed world.

* All targets for SDG 1 to 17 have been derived from the United Nations Statistics Division (2018), from: https://unstats.un.org/sdgs/indicators/indicators-list/
** All business actions for SDG 1 to 17 have been derived from the United Nations Global Compact (2017), from: https://www.unglobalcompact.org/library/5461
1 Asian Development Bank (2018), from: https://www.adb.org/publications/key-indicators-asia-and-pacific-2018
2 Wave Money (NA), from: https://www.wavemoney.com.mm/financial-inclusion/
3 Kennemer Foods (2017), from: http://www.kennemerfoods.com/news-and-updates/