ofi has been recognised as the most advanced company in the food and agriculture sector for its efforts to close living income gaps by the Platform Living Wage Financials (PLWF[1]). The ranking reflects ofi’s structured, evidence-based approach to making inroads into tackling the living income problem.
According to PLWF, ofi is one of four companies to disclose the (estimated) income gaps between the incomes in their supply chains and established benchmarks. It is also the only company to show the effectiveness of its policy in closing the gaps.
ofi has collaborated with customers and partners to advance farmer livelihoods for over two decades. Under its Choices for Change sustainability strategy, it is working towards two 2030 goals: providing livelihood support to 1 million farming households, and a north star for 200,000 farmer households in its network to achieve a living income. In 2024[2] ofi provided livelihood support to over 450,000 farmers, and more than 150,000 of them earned a living income. The company notes that living income remains heavily influenced by external factors such as commodity prices, so progress is best understood by tracking trends over time using consistent, data-led measurement.
Roel van Poppel, Chief Sustainability Officer at ofi, said: “Living income is a complex, systemic challenge shaped by factors beyond any single company’s control, from land size and productivity to wider economic conditions, so this recognition is encouragement to deepen collective action rather than a signal that the job is done.
By sharing our tools, data, and learnings, we aim to help partners better understand the challenges of living income in their supply chains. This enables more targeted actions to drive progress, while promoting a common understanding of the private sector’s role in this space.”
[1] The PLWF is a coalition of 24 financial institutions that engage with and encourage investee companies to address the non-payment of living wages and incomes in global supply chains. As an investor coalition, the PLWF represents over €7 trillion AUM.
[2] 2025 data on livelihoods and living income will be published by ofi in the second half of 2026.
