Here at WSP | Parsons Brinckerhoff in Africa we underpinned our transformation journey with an equity-based transaction in 2008 to further enhance diversity and to comply with local legislation.
Currently we maintain a level 3 Broad Based Black Economic Empowerment (BBBEE) rating, with meaningful contributions across the seven pillars of the BBBEE scorecard, namely; Ownership, Management and Control, Employment Equity, Skills Development, Preferential Procurement, Enterprise Development and Socio-Economic Development.
Being a people business, the key pillars most closely associated with our people are Management and Control, Employment Equity and Skills Development. These pillars form the core of our transformation agenda which is implemented within the operations. The balance of the pillars is governed by equity structure, our procurement, and contributions to the development of enterprises and society.
In the near term, our transformation agenda is based on targeted improvement specifically on the pillars most closely associated with our people, and maintaining or, where possible, improving the balance of these pillars. Thus our primary focus is on Skills Development for our current staff and future employees via our bursary programme, and Employment Equity as we grow via our recruitment policy.