Black Economic Empowerment
Prescient considers transformation and the creation of sustainable Broad-based Black Economic Empowerment an important part of the South African business landscape. Fulfilling the requirements is not simply a compliance exercise, but has significant benefits for our stakeholders and the economy.
Prescient is proud that is it a Level 2 contributor in terms of the Broad-based Black Economic Empowerment Act, as verified by AQrate.
Staff equity ownership engenders an entrepreneurial spirit that changes the outlook of staff from being merely employee to business owners. The dedication to look after clients and the desire to design and continuously improve the products and services are strengthened by this ownership.
Prescient was recognised as being one of the top 100 most Gender Empowered Companies in South Africa.
In 2014, Top Women in Business and Government media research revealed Prescient as an organisation embracing gender empowerment at the very core of its business practices.
Skills Transfer and Enterprise Development
Prescient is fortunate to have individuals of the highest calibre. They mentor less experienced staff on a daily basis and add depth to our intellectual capacity. Looking beyond our own people, we have always been involved with initiatives to train, upskill and enable and empower partners and clients.
We have also been significant contributors to enterprise development within the South African investment landscape, both through assisting in the establishment of black asset managers, as well as through our initiative to develop black stockbrokers. Our social investments are focused on empowering individuals with skills that will lead to personal growth and stronger communities. Likewise, we create economic opportunities through our procurement processes.
We subscribe to the Code of Corporate Practices and Conduct as set out in King III. Prescient Investment Management is a signatory to the United Nations Principles of Responsible Investing (UN PRI) and pledged to the Codes for Responsible Investing in South Africa (CRISA).