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Old Mutual Group – a strategy for responsible business

Thinking partnership

In 2011 we initiated a ‘thinking partnership’ with the Group’s subsidiary, Nedbank, with the ambition of transforming the company’s strategy to be fit for purpose in the next twenty years.

This work culminated in February 2014 with the announcement by Chief Executive Mike Brown of the launch of Fair Share 2030, a business strategy that responds to the premise that to be a thriving bank in the long term Nedbank needs to operate in a thriving society.

“Fair Share 2030 forms part of our strategic portfolio tilt, a mechanism through which to shift away from areas that contribute to societal risks, and towards areas that build resilience and well-being. It forms another vital component of Nedbank’s vision to be Africa’s most admired bank.”

Mike Brown, Chief Executive, Nedbank Group

Positive Futures Plan

OldMutualRespBus.jpgSince Autumn 2014 we have supported the Group in developing its newly launched Positive Futures Plan. Through a blend of internal and market analysis and informed by the expertise of our sustainable finance team we have encouraged the Group’s focus on financial wellbeing and responsible investment as the key levers of its impact on society.

We are now working with the Group’s responsible business team to operationalise the plan and build capacity at all levels of the organisation.