Old Mutual commits to sustainable development

Old Mutual Investment Group (Old Mutual) says it is placing impact investing and sustainable development at the forefront of its agenda, in a display of commitment to social and environmental progress.

The company's Managing Director Lionel Kannemeyer highlighted Old Mutual's dedication to creating a better future for generations to come.

Speaking at a high-profile investment summit focused on impact investing and sustainable development, Kannemeyer emphasised Old Mutual's unwavering commitment to making a positive impact on society and the environment.

He said with a long-standing track record of success in impact investments, Old Mutual has proven its ability to generate financial returns while also creating meaningful change. 

"Impact investing is all about using our investments to make a positive impact on society and the environment, while also generating financial returns, we are proud to have built a strong track record of success in this area," Kannemeyer stated. 

He said Old Mutual's sustainability projects are a cornerstone of the group’s efforts, adding that these initiatives aim to reduce the company's environmental footprint while simultaneously supporting local communities and economies.

By investing in renewable energy, sustainable agriculture, and other impactful endeavours, Old Mutual is actively contributing to a healthier world.

Kannemeyer also highlighted Old Mutual's exploration of alternative investments that have the potential to deliver robust returns while making a positive impact on society.

Investments in affordable housing, healthcare, and education projects are transforming lives and communities, demonstrating that impactful investments can be both financially rewarding and socially transformative, according to the MD.

Furthermore, Kannemeyer stressed the crucial role of partnerships in achieving these goals.

"None of this would be possible without the support of our people and our partners," he stated.

Old Mutual is committed to supporting Corporate Social Investment (CSI) projects that align with its values and mission.

An exemplary instance of this is the Namibian Scholar's Investment Challenge, an initiative designed to empower young individuals interested in trading and understanding the stock exchange. 

Lily Brandt, Chairman of Old Mutual Holding Namibia, commended the company's dedication to impact investing and sustainable development in her closing remarks.

She emphasised the importance of collaboration and innovation, recognizing that progress can only be achieved through collective efforts and forward-thinking strategies.

"One of the things that struck me is the importance of partnerships. We are fortunate to have many strong partnerships, both within our organisation and with external stakeholders," Brandt said.

Brandt also underscored the significance of innovation in navigating an ever-changing world. 

She said by embracing new ideas and approaches, Old Mutual remains at the forefront of the industry, ensuring that its initiatives remain effective and relevant.

As the event concluded, Brandt expressed gratitude to all attendees, acknowledging their contributions to the success of the event.

She pledged to continue the conversation and collaboration in the future, recognizing that together, Old Mutual and its partners can drive meaningful change.

Old Mutual's commitment to impact investing and sustainable development, bolstered by strong partnerships and innovation, sets an inspiring example for companies in the financial sector.

Rate this item
(0 votes)
Last modified on Sunday, 11 June 2023 12:22

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Joomla! Debug Console


Profile Information

Memory Usage

Database Queries