Element | Category | Indicator | Weighting Points | Interim Target | Compliance Target |
OWNERSHIP
Code 100 Total Points =
20 | Voting Rights | Exercisable Voting Rights in the Enterprise in the hands of black people | 3 | | 25%+1 vote |
Exercisable Voting Rights in the Enterprise in the hands of black women | 2 |
| 10% |
Economic Interest | Economic Interest of black people in the Enterprise | 4 |
| 25% |
Economic Interest of black women in the Enterprise | 2 |
| 10% |
Economic Interest of the following black natural people in the Enterprise:
- black designated groups
- black participants in Employee Ownership Schemes
- black beneficiaries of Broad-Based Ownership Schemes; or
- black participants in Co-operatives | 1 |
| 2.5% |
Realisation Points | Ownership fulfillment | 1 |
| No Restrictions |
Net value | 7 |
| 25% |
Bonus Points | Involvement in the ownership of the Enterprise of black new entrants | 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 200 Total Points =
10 | Board Participation | Exercisable Voting Rights of black Board members using the Adjusted Recognition for Gender | 3 |
| 50% |
Black Executive Directors using the Adjusted Recognition for Gender | 2 |
| 50% |
Top Management | Black Senior Top Management using the Adjusted Recognition for Gender | 3 |
| 40% |
Black Other Top Management using the Adjusted Recognition for Gender | 2 |
| 40% |
Bonus Point | Black Independent Non-Executive Board Members | 1 |
| 40% |
| | | | |
|
|
Employment Equity
Code 300 Total Points =
15 |
| Black Disabled Employees as a percentage of all employees using the Adjusted Recognition for Gender | 2 | 2% | 3% |
Black employees in Senior Management as a percentage of all such employees using the Adjusted Recognition for Gender | 5 | 43% | 60% |
Black employees in Middle Management as a percentage of all such employees using the Adjusted Recognition for Gender | 4 | 63% | 75% |
Black employees in Junior Management as a percentage of all such employees using the Adjusted Recognition for Gender | 4 | 68% | 80% |
Bonus Point | Bonus points for meeting and exceeding EAP targets in each of the above categories | 3 |
|
|
| | | | | | |
Skills Development
Code 400 Total Points =
15 | Skills Development Spend on Learning Programmes | Skills Development Expenditure on Learning Programmes specified in the Learning Programme Matrix for black employees as a percentage of Leviable Amount using the Adjusted Recognition for Gender | 6 |
| 3% |
Skills Development Expenditure on Learning Programmes specified in the Learning Programme Matrix for black employees with disabilities as a percentage of Leviable Amount using the Adjusted Recognition for Gender | 3 |
| 0.3% |
Learnerships | Number of black employees participating in Learnerships or Category B, C and D Programmes as a percentage of total employees using the Adjusted Recognition for Gender | 6 |
| 5% |
| | | | | | |
Preferential Procurement
Code 500 Total Points =
20 |
| BEE Procurement Spend from all Suppliers based on the B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend | 12 | 50% | 70% |
BEE Procurement Spend from Qualifying Small Enterprises or from Exempted Micro Enterprises based on the applicable B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend | 3 | 10% | 15% |
B-BBEE Procurement Spend from any of the following Suppliers as a percentage of Total Measured Procurement Spend:
- Suppliers that are 50% black owned (3 of % points); or
- Suppliers that are 30% black women owned (2 out of 5 points) | 5 | 15% | 20% |
| | | | | |
|
Enterprise Development
Code 600 Total Points =
15 |
| Average annual value of all Enterprise Development Contributions and Sector Specific Programmes made by the Measured Entity as a percentage of the target | 15 |
| 3% of Net Profit After Tax |
| | | | | | |
Socio-economic Development
Code 700 Total Points =
5 |
| Average annual value of all Socio-Economic Development Contributions made by the Measured Entity as a percentage of the target | 5 |
| 1% of Net Profit After Tax |
