B-BBEE SCORECARD
The B-BBEE scorecard assesses the structure of your business according to ownership, management control, skills development, enterprise and supplier development, and socio-economic development. The points you earn on your scorecard determine your B-BBEE Level.
Generic BEE Scorecard
|
B-BBEE Scorecard Element |
Description |
Available Points |
|
Ownership |
Ownership measures the unencumbered economic interest, voting rights and net value of shares held by black people. |
25 |
|
Management Control |
Evaluates the percentage of executive boards, senior, middle and junior management positions held by black members. |
19 |
|
Skills Development |
The amount of money spent on skills development initiatives and training for black employees, and the amount made available for bursaries, apprenticeships. |
20 (+5 bonus points) |
|
Enterprise and Supplier Development (ESD) |
Measures the level of spend on preferential procurement, enterprise development and supplier development. Preferential procurement is the amount of goods and services procured from empowering suppliers and companies with high B-BBEE ratings. Enterprise development is the amount spent on developing small black-owned enterprises. Supplier development refers to monetary, training and equipment contributions made to black-owned suppliers to help grow their own businesses. |
40 (+4 bonus points) |
|
Socio-Economic Development (SED) |
Refers to a business’ overall CSI contributions. |
5 |
|
TOTAL |
118 |
Frequently Asked Questions
How does B-BBEE work?
B-BBEE works by rewarding companies with greater black participation in ownership and managerial positions and strong socio-economic, skills, and supplier development policies, with preferred supplier status, which increases bidding competitiveness in large and public business contracts.
Businesses are assessed through a B-BBEE scorecard, earning points for various criteria across the five elements of B-BBEE, which determines the B-BBEE level of the organisation (or it’s non-compliance).
What are the 5 elements of the B-BBEE scorecard?
B-BBEE compliance is measured according to the 5 elements of the B-BBEE scorecard:
- Ownership
- Management control
- Skills development
- Enterprise and supplier development
- Socio-economic development
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