Our Transformation ambition is to be a brand that is authentically transformed for embracing diversity and inclusion. We want every employee to know and feel that they belong, because we believe that employee belonging is true transformational success. We embrace diversity and strive to purposefully foster belonging in the workplace. Our goal is to make sure that people of all backgrounds, appearances, identities and abilities get a seat at the table, and that they are seen, heard and feel recognised for their contributions.
As a responsible business, our empowerment activities create value and sustainably contribute to organisational and societal transformation. Opportunities are created through learning programmes (learnerships, internships, bursaries), enterprise and supplier development initiatives, CSI programmes and the Momentum Metropolitan iSabelo employee share scheme – these are some vehicles at our disposal to contribute to meaningful transformation. Our efforts are reflected in our Level 1 B-BBEE scorecards for the past 4 years.
At Momentum Group we believe that strength of a company lies within its diversity. Our workforce is made up of employees of different races, genders, backgrounds and abilities. We prioritise not only hiring from a diverse pool of candidates but creating an office culture where every staff member feels represented and included.
Our employee share ownership scheme benefits all permanent South-African based employees. This is in line with our inclusive and authentic approach to ownership and transformation, and includes all races.
We embrace the authentic advancement of inclusive economic transformation and the meaningful participation of black people. The transaction supports the Group in further enhancing its B-BBEE objectives through more representative ownership.
At Momentum Group Limited, we're steadfast in our commitment to transformation. The board's Social, Ethics and Transformation Committee (SETC) believes that transformation is integral to achieving our vision of being the preferred lifetime financial wellness partner with a reputation for innovation and trustworthiness. Broad-Based Black Economic Empowerment (B-BBEE) underpins our strategic objective to enhance financial wellness, to promote access to financial services and improve financial literacy in a country that continues to grapple with inequality.We are proud that Momentum Group Life is the first major insurance group to reach Level 1 B-BBEE status under the revised Financial Sector Code (FSC). This rating applies to all companies within the group, including the client-facing brands Metropolitan, Momentum, and specialist brands, Guardrisk and Eris Property Group.
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