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Sustainability

Building for a
better tomorrow.

Momentum Metropolitan Holdings Sustainability Report 2018

The information provided in this section of the website covers sustainability-related information for Momentum Metropolitan Holdings for the period 1 January - 31 December 2018.

Our previous full sustainability report covered the period 1 January – 31 December 2017. The information covers all Momentum Metropolitan's activities in the countries in which it operates.

External assurance has been limited to our broad-based black economic empowerment scorecard, verified by accredited ratings agency AQ Rate

Verification Services, and our carbon footprint, verified by Global Carbon Exchange. Both certificates are available in this section.

Momentum Metropolitan Holdings is a company that enables people from all walks of life and business to achieve their financial goals and life aspirations. This vision combined with our values guide everything we do, including our contribution towards good sustainability practices. Our values of accountability, integrity and innovation mean that we take ownership for our responsibilities, our actions and their results, that we believe in doing what is right, and that we challenge ourselves to change the world for the better.

As part of our overall commitment to good sustainability principles, we strive to be financially sound, socially responsible as well as environmentally friendly, with good corporate governance as the overarching principle. In our Code of Ethics, we specify that we respect the world we operate in and are committed to improving the well-being of its societies by designing sustainable products and introducing sustainable services that will fulfill the needs of our stakeholders.

The sustainability information in this section includes:

The FTSE/JSE Responsible Investment Index

Momentum Metropolitan is listed on the FTSE/JSE Responsible Investment Index and the FTSE/JSE Responsible Investment Top 30 Index, which acknowledges our ESG achievements. In addition to this, the global index company FTSE Group confirms that we have been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognised corporate responsibility standards. Companies in the FTSE4Good Index Series have met stringent ESG criteria and are positioned to capitalise on the benefits of responsible business practice.

Sustainability Governance

The Group Finance Director has ultimate responsibility for the Sustainability Department, which is responsible for climate-related issues. The Group executive committee, which performs a management review function for sustainability initiatives, raises relevant issues with the following committees of the board as and when appropriate:

  • Audit
  • Fair practices
  • Risk and compliance
  • Social, ethics and transformation

Final accountability rests with the Board and its Committees, including the executive committees.

Governance Framework is available on request.

Please contact:

Pria Munian
pria.munian@momentummetropolitan.co.za
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