Element | Category | Indicator | Weighting Points | Interim Target | Compliance Target |
OWNERSHIP
Code 801 Total Points =
25 | Voting Rights | Exercisable Voting Rights in the Enterprise in the hands of black people | 6 |
| 25%+1 vote |
Economic Interest | Economic Interest of black people in the Enterprise | 9 |
| 25% |
Realisation Points | Ownership fulfillment | 1 |
|
|
Net value | 9 |
|
|
Bonus Points | Involvement of Black women in the ownership of the Enterprise | 2 |
| 10% |
Involvement in the ownership of the Enterprise of black participants:
- in Employee Ownership Schemes
- of Broad-Based Ownership Schemes
- Co-operatives | 1 |
| 10% |
|
|
|
|
|
|
MANAGEMENT CONTROL
Code 802 Total Points =
25 | Measures effective control of companies by black people | Black Representation at Top Management level | 25 |
| 50.1% |
Black women representation at Top Management level | 2 |
| 25% |
|
|
|
|
|
|
Employment Equity
Code 803 Total Points =
25 | Measures initiatives intended to achieve equity in the workplace | Black employees who are Management as a percentage of all Management adjusted using the Adjusted Recognition for Gender | 15 | 40% | 60% |
Black employees as a percentage of all employees adjusted using the Adjusted Recognition for Gender | 10 | 60% | 70% |
Bonus point for meeting and exceeding EAP target in each of above categories | 2 |
|
|
|
|
|
|
|
|
Skills Development
Code 804 Total Points =
25 | Measures the extent to which employers develop the competencies of black employees | Adjusted Skills Development spend on Learning Programmes for black employees as a percentage of Leviable Amount | 25 |
| 2% |
| | | | | | |
Preferential Procurement
Code 805 Total Points =
25 | Measures the extent to which companies buy goods and services from BEE compliant suppliers as well as black-owned entities | BEE Procurement Spend from all Suppliers based on the B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend | 25 | 40% | 50% |
| | | | | | |
Enterprise Development
Code 806 Total Points =
25 | Measures the extent to which companies carry out initiatives contributing to enterprise development | Average annual value of all Qualifying Contributions made by the Measured Entity as a percentage of the target | 25 |
| 2% of Net Profit After Tax |
| | | | | | |
Socio-economic Development
Code 807 Total Points =
25 | Measures the extent to which companies support socio-economic development | Average annual value of all Socio-Economic Development Contributions made by the Measured Entity as a percentage of the target | 25 |
| 1% of Net Profit After Tax |
