Number of new businesses created in low-income areas as a result of investments made by the organization during the reporting period.
New Businesses Created: Low Income Areas (PI6414)
- Reporting Format Unit Referenced within Metric Definition
- Metric Type Submetric
- Metric Level Product/Service, Organization
- IRIS Metric Citation IRIS, 2021. New Businesses Created: Low Income Areas (PI6414). v5.2.
Footnote
Organizations should footnote all assumptions used, including how they identify low-income areas. See usage guidance for further information.
Usage Guidance
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This metric is intended to capture the number of new businesses created in low-income areas as a result of investment, a proxy of economic activity. See the glossary definition for additional information on commonly used tools to help identify low-income areas.
Related metrics
This is a submetric of New Businesses Created: Total (PI4583), which has 0 other related submetrics.
Impact Categories & Themes
SDG Goals & Targets
No Poverty
- SDG Target 1.5
- SDG Target 1.4
Industry, Innovation and Infrastructure
- SDG Target 9.3
Reduced Inequality
- SDG Target 10.1
- SDG Target 10.2
- SDG Target 10.3