|
Element
|
Category
|
Indicator
|
Weighting Points
|
Interim Target
|
Compliance Target
|
|
OWNERSHIP
Measures effective ownership of companies by black people
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
Measures effective control of companies by black people
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
Measures initiatives intended to achieve equity in the workplace
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
Measures the extent to which employers develop the competencies of black employees
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
Measures the extent to which companies buy goods and services from BEE compliant suppliers as well as black-owned entities
Code 500
Total Points =
20
|
|
B-BBEE Procurement Spend from all Suppliers based on the B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend
|
12
|
50%
|
70%
|
|
B-BBEE 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
Measures the extent to which companies carry out initiatives contributing to 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
Measures the extent to which companies support 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
|