Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Industry Charters

Forest Sector Charter

Tables

Table 1: Scorecard for Medium and Large Forest Enterprises

2. Management Control
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INDICATORS

WEIGHTINGS (W) & TARGETS (T)

Forest Sector

Sub-sector specific deviations

W

T

W

T
2.Management Control

10

 

 

 
2.1Exercisable Voting Rights held by black Board members using the Adjusted Recognition for Gender

3

50%

 

 
2.2Black Executive Directors using the Adjusted Recognition for Gender

2

50%

 

 
2.3Black Senior Top Management using the Adjusted Recognition for Gender

3

40%

 

 
2.4Black Other Top Management using the Adjusted Recognition for Gender

2

40%

 

 
2.5Bonus point for black Independent Non-Executive Board Members

-

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