One of South Africa’s top premium tyre manufacturers becomes the first in the industry to receive a certified Level 3 B-BBEE certification
April 2021 – Enduring commitment to transformation by top leadership has enabled Bridgestone Southern Africa (BSAF) to deliver an industry leading level 3 broad-based black economic empowerment (B-BBEE) certification.
Coming from level 4 in 2019, having been at level 7 previously, the latest certification was achieved despite the concurrent effects of stiff competition, the Covid-19 pandemic and an economy already in recession prior to the first lockdowns.
“We are incredibly proud to be the only tyre manufacturer to reach this level of transformation,” says BSAF Chief People Officer Julia Modise. “Most critically, this new level of transformation in our organisation, supply chain and the community, means that customers who procure from BSAF will receive the benefit of working with an organisation that puts transformation at its core, as well as 110% in their procurement spend recognition according to the B-BBEE Code of Good Practice.”
The company began its B-BBEE planning in early May 2020 with an initial process reviewing its current level of compliance. The team conducted a mock audit and realised that a more comprehensive plan was needed to retain Level 4, with a dedicated owner of each transformation pillar. Read the full article: https://bit.ly/2PyCgHb