Old Mutual Ltd 2022 SR
The report outlines Old Mutual's sustainability performance for the 2022 fiscal year, focusing on its victory condition to be customers' first choice for prosperity. A major highlight was the R2.1 billion Bula Tsela B-BBEE transaction, which increased black ownership to over 30%. The company reached 36.6 million people through financial education initiatives and invested R146.2 billion in the green economy. Environmentally, the group achieved a 23% reduction in its operational carbon footprint against a 2019 baseline and committed to net-zero targets by 2050 for its proprietary investment portfolios. Socially, it paid R105.9 billion in claims and enhanced its parental leave policy to support diversity and inclusion.
Company: Old Mutual Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2022
Type: SR
Pages: 54
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Old Mutual Ltd
Sustainability Report
The report outlines Old Mutual's sustainability performance for the 2022 fiscal year, focusing on its victory condition to be customers' first choice for prosperity. A major highlight was the R2.1 billion Bula Tsela B-BBEE transaction, which increased black ownership to over 30%. The company reached 36.6 million people through financial education initiatives and invested R146.2 billion in the green economy. Environmentally, the group achieved a 23% reduction in its operational carbon footprint against a 2019 baseline and committed to net-zero targets by 2050 for its proprietary investment portfolios. Socially, it paid R105.9 billion in claims and enhanced its parental leave policy to support diversity and inclusion.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Apr 14, 2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees