Leading cement producer PPC has improved its empowerment status from a Level 4 to a Level 3 BBBEE (broad-based black economic empowerment) rating. This rating, together with the highest preferential procurement recognition level in the cement industry of 138%, reflects PPC’s commitment to transformation in South Africa.
PPC had planned to reach this target by 2011 but the company’s well established transformation foundations and a committed team performance resulted in this goal being achieved significantly earlier than expected, by end 2009. PPC met its objectives on almost all of the Department of Trade and Industry’s Code of Good Practice scorecard measures, with notable increases in scores relating to employment equity, enterprise development and socio-economic development.
PPC’s approach to transformation continues to create real empowerment, both internally and in the communities in which the company operates.