Black Economic Empowerment

Preamble

In response to the challenge to create an equitable society, The Company is committed to broader social and economic transformation in the country.  We believe in a scenario where all sectors of our economy build on the full potential of all our people and communities.  A process that would address: restricted wealth creation, skewed ownership of economic assets, under development in sections of our society and in our specific sector access to technical and scientific skills by all the people in South Africa.

Equity Ownership and Management

The Company has the majority ownership in the hands of black people.  The board of the company comprise seven directors and associate directors, of which four are HDI’s.

Employment Equity and Human Resources Development

The Company, because of its size and ownership, is not a designated employer in terms of the Employment Equity Act.  However, the company fully embraces employment equity as demonstrated by a diverse staff profile below:

The Company has, over the past ten years, continually demonstrated interest, enthusiasm and capacity in the field of consulting engineering.  This has been evident through direct and extensive involvement of its HDI employees in assignments and at various strategic levels.  Team selection for each assignment ensures provision of as much opportunity as possible to HDI at all levels thus enabling increased experience and responsibility through out the project life cycle.  To date, within its capacity and the very real economic constraints, The Company has provided career opportunities, training and financial assistance to more than 40 HDI youth.

 

Preferential Procurement and Enterprise Development

The Company continually forms mutually beneficial alliances and associations with similar small companies, with a view of creating critical mass, skills sharing and expertise amongst the small entities.  Further, other support services and suppliers are procured predominantly from black enterprises.  The current procurement spent is estimated at R 2.2 million, with about 79% spent on black owned enterprises.

Corporate Social Investment

As part of the broader social responsibility, The Company is committed to affirm black people in all spheres.  A philosophy that applies in and out of the company and extends to recruitment, education, career development as well as capacity building in the broader community.  The company has undertaken “Pro Deo” work for several disadvantaged communities and organisations, amongst others, the Daveyton Centre for the Physically Disabled and People Opposing Women Abuse.  Further, assistance has been provided to some smaller community formations or groupings.  A new initiative is a commitment to the adoption of high school students for limited period with a view of exposing them to real engineering.

SFC Engineering 2010