By Jul 12, 2017
The food giant is working with Oxfam on a new collaborative research platform to tackle the endemic poverty that permeates FMCG supply chains
Food giant Mars has launched a new open-source collaborative research effort to help lift the world’s 500 million smallholder farmers out of extreme poverty. Mars’ chief sustainability officer Barry Parkin said the Farmer Income Lab, which Mars describes as a “think-do tank”, will invest in research, inspire discussion and work on solutions to dramatically raise the incomes of smallholder farmers, who account for a large proportion of the world’s extreme poor, living on less than $2 a day.
He made the announcement at the Business Fights Poverty conference in Oxford, and as governments from around the world gather in New York for the UN’s annual High-Level Political Forum to review progress on the Sustainable Development Goals, which is this year focused on the seven SDGs related to poverty-alleviation and increasing prosperity.