We understand that we have a broader responsibility to strengthen the society of which we are part. Our long-term success is closely connected to being part of, and being trusted by, flourishing and sustainable local communities. We support these communities through both monetary donations and through volunteering our skills and expertise.
At Group level we have policies that encourage engagement with our communities and employee volunteering. Our target is to donate 1% of our pre-tax profit to charitable organisations. At local level there is flexibility to focus on the issues that are most appropriate to that business. We support and invest in a range of areas, but the three focus areas that are common across the Group are financial education, enterprise and skills development, and community development.
Supporting sustainable communities
Masisizane: Financing development in South Africa
Building our youth for the future
Investing in the future
Enterprise and skills development
We support the continuous development of skills and building the capacity of a range of enterprises which contribute to developing economic infrastructures and a dynamic market.
At a community level we help through investing in initiatives that lead to real social change at grassroots level. Our work with local communities is delivered directly through our businesses, our five Old Mutual Foundations, the Nedbank Foundation and trusts.