Value of payments made by the organization to low-income individuals who sold goods or services to the organization during the reporting period.
Value of payments made by the organization to low-income individuals who sold goods or services to the organization during the reporting period.
Organizations should footnote all assumptions used, including details on the assessment tools used to identify low-income suppliers. See usage guidance for further information.
This metric is intended to capture how organizations support low-income populations through their supply chains.
Because assessing the poverty level of stakeholders is complex, organizations will likely have to use specific assessment tools to accurately report on this metric. See the glossary definition for additional information on commonly used tools to help determine the absolute poverty level of individuals and households.
This is a submetric of Payments to Supplier Individuals: Total (PI1492), which has 9 other related submetrics.
Metrics identified as "cross-category" are those that are relevant to any IRIS+ Impact Category or Impact Theme (i.e., these metrics are not specific to any particular industry/category or theme).
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
Immaterial change. Usage guidance updated to clarify "beneficiaries" as "stakeholders."
March 2016 - IRIS v4.0 Released
No change.
March 2014 - IRIS v3.0 Released
New metric. Payments to Supplier Individuals: Low Income (PI8999) was developed via the IRIS Taxonomy Group.