Total South Africa is proud to announce that it has been awarded a Level One Broad-Based Black Economic Empowerment (B-BBEE) rating in terms of the B-BBEE Codes of Good Practice.
This score has been achieved through a targeted and dedicated transformation strategy since 2003, when Total became the first energy company in South Africa to welcome a transformation partner.
“While areas such as employment equity, skills and enterprise development programmes have had a positive impact on Total’s business, our strategy for improving our BEE score transcends across all transformation elements. Our aim is to be comprehensive in transforming our business because we believe a truly transformed business, and South Africa, is the only way the nation can prosper,” says Pierre-Yves Sachet, Total South Africa’s CEO and Managing Director.
Total South Africa is an integrated energy company with more than 51% Black Ownership and is particularly proud of its improvement in Management Control.
Furthermore, the company’s skills development programmes, preferential procurement, enterprise and supplier development programmes as well as its social economic initiatives contributed a great deal to the success of its BEE score.
The company thanks its employees, partners and suppliers for their concerted efforts towards realising South Africa’s transformation objectives and wishes to reiterate its unwavering commitment to transformation.
With a portfolio of more than 560 service stations located throughout South Africa, Total South Africa is a significant player within the Total Group. “South Africa, as part of the African continent is the cornerstone of Total’s global presence, and we are pleased to see that our investment in the growth of Africa through strategic business partnerships and transformation objectives are reaping rewards.
This is a commitment which we’ll continue to uphold as a leader in the petroleum industry and a proud citizen of our country,” concludes Pierre-Yves Sachet.