|
Element
|
Category
|
Indicator
|
Weighting Points
|
Interim Target
|
Compliance Target
|
|
OWNERSHIP
Measures effective ownership of companies by black people
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 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 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
|