Broad-based Black Economic Empowerment (B-BBEE)
Adapt IT has since its inception focused on B-BBEE as a strategic imperative to ensure continued sustainability, rather than as a matter of compliance. The goal of Adapt IT’s B-BBEE strategy is to ensure the Company is fully representative of the combined skills and talents of the communities in which we operate and that we constructively contribute towards the broader society.
South Africa’s policy of B-BBEE is not only a special intervention required to address the situation resulting from the previously disadvantaged communities in South Africa, but is a pragmatic economic growth strategy. Adapt IT aims to ensure that the Government’s vision for B-BBEE is realised, in addition to leveraging all opportunities presented by our transformation status to develop the sustainability of the business.
Our cultural diversity is a distinct competitive advantage and therefore we aim to further improve our transformation programme to ensure equitable representation of all stakeholder groups. We intend to maintain our focus on this transformation programme as we constantly grow and integrate new companies as a result of our acquisitive growth strategy.
The B-BBEE verification is performed annually by an independent SANAS accredited assurance provider.
All the divisions within Adapt IT are involved in and committed to promoting the employment equity policy. Adapt IT’s approach to addressing its employment equity and management control imperatives is to focus on skills and leadership development, with particular emphasis on the identification of talented historically disadvantaged individuals for development and fast-tracking into leadership roles.
This business imperative is monitored by the Employment Equity Committee, which reports the progress and results of specific initiatives to the Social and Ethics Committee. Adapt IT will continue to attract, retain and develop talent from the designated groups with available employment opportunities.