Old Mutual is committed to the implementation of broad-based Black Economic Empowerment (BEE). We strive to ensure that our economic benefits and opportunities are spread equitably across South African society.
As an industry leader when it comes to transformation, Old Mutual’s Black Economic Empowerment Charter was used to inform our contribution in the drafting of the Financial Sector Charter (FSC).
In all our business relationships we aim to ensure that our efforts are conducted in the spirit of empowerment as well as in line with the letter of the law.
Where possible we practice affirmative procurement by sourcing of goods and services from:
- Black-owned small & medium enterprises (including micro-enterprises).
- Disabled-owned companies.
- Women-owned companies.
In 2005 Old Mutual closed a groundbreaking, broad-based Black Economic Empowerment (BEE) Deal which addressed issues of ownership. To compliment this we also engage in enterprise development within the financial services sector.
Download:
Old Mutual’s BEE Charter (pdf 219 kb).
Broad-based BEE Act (pdf 338 kb).
The Financial Sector Charter (pdf 69.9kb).