An introductory overview of the B-BBEE scorecard elements and how organisations can begin planning improvements.
The B-BBEE scorecard measures an organisation's contribution to broad-based economic transformation across several elements.
The elements typically include ownership, management control, skills development, enterprise and supplier development, and socio-economic development. The weighting and targets depend on the applicable codes and your organisation's size.
A practical first step is a gap analysis: understanding where you currently stand, which elements offer the most realistic improvement opportunities and what evidence will be required at verification.
This article is general information and not legal advice. [Placeholder — update in admin]