ADDITIONAL SUSTAINABILITY INFORMATION
Broad-based black economic empowerment
BEE represents both a risk
and an opportunity. We supply government enterprises, large industrial
groups and the mining industry, all of which are sensitive to the BEE
status of their suppliers. Our response is to play an active role in
improving not only our own BEE score, but also the scores of all businesses
in our value chain. We utilise an electronic procurement tool that
undertakes a BBBEE status-check and helps suppliers improve their empowerment
credentials.
Overall performance
As a holding company, Bidvest has a B Rating and is a Level 5 Contributor
to BBBEE. In the prior year, we reported the requirement for Bidvest
subsidiaries to obtain individual ratings under the codes of good practice.
The latest results are given in the accompanying table.
Performance by divisions
Bidvest's vision lies in the realm of possibility
“Bidvest people put in a resilient performance and the Group achieved a creditable result.”
statement
“We refuse to participate in the recession and salute our employees for their efforts in exceptionally difficult trading conditions.”