| At Visconti head office we embrace the ideals of our New South Africa and are committed to pursuing the upliftment of the social welfare of all our stakeholders, and specifically those people who were disadvantaged by the previous political dispensation in South Africa.
We have focused our attention on compliance with the requirements of the Codes of Good Practice on Broad-based Black Economic Empowerment, as published by the Department of Trade and Industry (DTI).
Various initiatives have been embarked upon to address the various elements of the DTI BEE Scorecard namely:- Equity ownership
- Management
- Employment Equity
- Skills Development
- Preferential Procurement
- Enterprise Development
- Socio-economic Development
PPG is currently a Level 6 contributor (score between 45 and 55 out of 100). As a result, our customers can recognise 60% of all monies spent with Polyoak as “BEE Spend” in terms of their preferential procurement policies.
The group was given a C rating by Empowerdex. This rating recognises Polyoak as a “Satisfactory Broad-based BEE Contributor”. The comprehensive audit of our operations reflected high scores in the areas of Employment Equity, Skills Development, Enterprise Development and Socio-economic Development.
We are working towards becoming a level 4 contributor whereby 100% of all monies spent with Polyoak will qualify as “BEE Spend”. | |
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