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Aurecon has achieved the status of ‘Level 2 Contributor to BBBEE’

Broad-Based Black Economic Empowerment

13 October 2011 - Aurecon’s brand proposition, “Fostering Human Achievement”, expresses the group’s philosophy that its technical and managerial resources should be used to develop not only innovative engineering solutions, but also sustainable solutions to socio-economic issues in the communities in which we operate.

This is further supported by the group’s values, which state that Aurecon strives to respect others by celebrating diversity. “This fundamental aim is especially relevant to South Africa’s young democracy as it struggles to resolve historical inequalities,” comments Ronnie Khoza, Aurecon’s newly appointed Head of Offices, South Africa .

Albert Geldenhuys, Aurecon’s Managing Director, South Africa, adds that that the group’s commitment to Broad-Based Black Economic Empowerment (BBBEE), a South African Government initiative driven by the Department of Trade and Industry, demonstrates the group’s commitment to transformation. “Aurecon South Africa was recently verified as a Level 2 Contributor to BBBEE,” says Geldenhuys. “This represents an improvement of 2 levels from last year’s rating, demonstrating Aurecon’s commitment to facilitating the involvement and participation of all historically disadvantaged individuals, broadening the country’s economic base and stimulating economic growth and employment.”

Aurecon’s BBBEE initiatives are aligned with the Department of Trade and Industry’s Codes of Good Practice and are geared towards the Construction Sector Transformation Charter. These initiatives focus on the on-going transformation of equity ownership, management control and employment equity within Aurecon. A further focus is human resource development, with the emphasis on bursaries, learnerships, technical training and mentorship. In addition, Aurecon accelerates the development of local companies through targeted preferential procurement and enterprise development. Socio-economic development is also a key area of focus.

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