Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2017)Amended Code Series CSC000: Framework for Measuring Broad-Based Black Economic Empowerment in the Construction SectorStatement CSC000: General Principles and the Large Enterprise Scorecard7. The Measurement Elements of the Large Enterprise Scorecard |
| 7.1 | The Ownership Element, as set out in Code series CSC100, measures effective ownership of entities by Black People. |
| 7.2 | The Management Control element, as set out in Code series CSC200, measures the effective control of entities by Black People. |
| 7.3 | The Skills Development element, as set out in Code series CSC300, measures the extent to which employers carry out initiatives designed to develop the competencies of Black People (Employees or non-Employees). |
| 7.4 | The Preferential Procurement and Supplier Development element, as set out in Code series CSC400, measures the extent to which entities buy goods and services from Empowering Suppliers with minimum B-BBEE recognition levels. This element also measures the extent to which enterprises carry out enterprise and supplier development initiatives intended to assist and accelerate the growth and sustainability of enterprises that are at least 51% Black Owned. |
| 7.5 | The Socio-Economic Development and Sector Specific Contributions element, as set out in Code series CSC500, measures the extent to which entities carry out initiatives that contribute towards Socio-Economic Development or sector specific initiatives that promote access to the economy for Black People. |