What is a TransformEX BEE Scorecard?
A TransformEX BEE Scorecard is an independent verification or audit of a company’s BEE credential. The company will receive a detailed report of its BEE credential in addition to a certificate of BEE compliance.
The audit is based on the methodology and principles contained in the Codes of Good Practice on BEE released by the Department of Trade and Industry on 9 February 2007.
Measurement Criteria of BEE Scorecards
The BEE Scorecard has seven (7) elements of empowerment deemed to drive transformation in South Africa. These include:
- BEE Ownership
- BEE Management
- Employment Equity
- Skills Development
- Preferential Procurement
- Enterprise Development
- Socio-Economic Development
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