https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Democracy Pages / Messages of Support RSS ← Back
Business|Sustainable
Business|Sustainable
business|sustainable
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Metso

Close

Embed Video

Metso

Metso

23rd April 2019

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

Since the dawn of democracy, there has been positive change in our country, particularly in the business sector. However, there is more that still needs to be done to harvest the fruits of a democratic nation. While structures have been put in place to help us improve the status of our economy, the narrative of Broad-Based Black Economic Empowerment (B-BBEE) is key to sustainable socio-economic development.

Transformation is key for how businesses in South Africa should operate. It goes beyond compliance; it should be driven by the mantra of ubuntu and responsible corporate citizenship. With this in mind, Metso embarked on a transformational journey three years ago to improve our Level 8 B-BBEE status.

Advertisement

We focused on key elements that constitute the B-BBEE rating and certification, and changed the business portfolio by simplifying the current structure in South Africa to transact out of one legal entity.

We also partnered with Sefate Capital to drive value for historically disadvantaged citizens and invested in B-BBEE initiatives focusing on black-owned SMMEs and female entrepreneurs, as well as realigning our staff equity and ownership to align with our B-BBEE plan.

Advertisement

Today, Metso is proud to be a Level 4 B-BBEE contributor.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now