Living Income: From Right to Reality
Living income is trending. More and more food and agriculture companies are adopting living income commitments, and others should follow suit.
But it’s a complex topic in practice. Effective interventions go beyond the farm to address the inequality of market power and risks that farmers experience. Oxfam presents eight essential issues companies confront on living income, with recommendations for ensuring interventions benefit farmers. Recommendations focus on: approaching living income as a human right, changing the way companies do business, leveling the playing field, and engaging and enabling others.
Living Income: From Right to Reality is the first in a new Oxfam series called "Briefings for Business on Inequality in Food Value Chains". In each briefing Oxfam sets out key considerations, provides examples of company policy/practice, and offers recommendations for what companies can do to address inequality in a way that will drive real impact.