Old Mutual Foundation
The Old Mutual Foundation is our vehicle to effectively manage the increasing
resources provided for such initiatives and was established in 1999. By committing
to make a positive difference in the communities in which we live and work, Old
Mutual recognizes that socially responsible behavior is critical to our
sustainability. Investing in our communities creates opportunities to generate
greater value for our shareholders in the long term, while simultaneously
fostering sustainable development in our country.
A sense of social responsibility is absolutely central to our objectives in
Namibia. We are proud of our social responsibility and sponsorship programmes,
which represent a high level of community involvement. As Old Mutual commits
finances and employees volunteer their time, we have helped uplift previously
disadvantaged communities through projects focusing on health & welfare,
education, community development, sports and employee involvement. These
initiatives are not once off programmes, but rather sustainable investments to
ensure that the recipients gain value from our investment in them. The
opportunity to enhance the lives of ordinary Namibians, especially those outside
of our normal business circles, is an exciting privilege that we at Old Mutual
embrace with great passion and enthusiasm.
Vision
To enrich the lives of Namibians through innovative and sustainable initiatives
that will ultimately add value to the business of Old Mutual and to
socio-economic development in Namibia.
Objectives
- To develop and maintain an effective social empowerment program, which will have
a positive impact on all our market segments within Namibia and enhance the Old
Mutual brand, (programs, etc, which will in time impact on Old Mutual’s brand)
- To drive new ideas and develop projects which will profile Old Mutual as a leader in corporate social investment and to position Old Mutual as a
caring corporate citizen.
- To encourage Old Mutual staff to become personally involved in community/Old Mutual Foundation projects where possible.
- To promote holistic, and ultimately sustainable community development with an emphasis on responsiveness to national development needs and the
forging of partnerships and sustainability.
- To profile the Old Mutual Foundation’s activities through an effective
communication strategy.
Old Mutual has to profile the Old Mutual Foundation’s activities through an effective
communication strategy.
Old Mutual has identified the following flagship activities as areas for support:
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