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Transformation

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Transformation is our priority. This is reflected in our partnerships and initiatives. We work closely with government, building solutions that help the public sector achieve its goals. Our Broad-Based Black Economic Empowerment (B-BBEE) compliance allows us to unlock value through a committed B-BBEE strategy.

The Altron Beyond 2012 statement reflects our executive commitment to B-BBEE as we monitor our progress against predetermined targets, report on our responsibilities, and ensure we regularly benchmark our performance. The Altron board monitors progress on an ongoing basis and all of our documentation has been reviewed and updated to reflect the recently gazetted codes. 

We have ensured that the organisation has a thorough understanding of the codes by providing extensive training and education programmes to our management and our transformation practitioners. This has allowed us to develop rich engagement with stakeholders and employees, and to create a full set of implementation guidelines that are available internally.

In addition to our internal focus on B-BBEE, we have forged partnerships with an impressive array of organisations that reflect our obligation to these codes of practice. Our empowerment partners include Thebe Investment Corporate, Southern Palace Group, Power Matla, Izingwe Holdings, and Izingwe Capital.  

We have implemented an electronic group information system, known as Everest, to provide consolidated financial and non-financial data for the legislated empowerment scorecard. This strategic business intelligence platform gathers meaningful, accurate and auditable information that allows for enhanced stakeholder reporting. It also provides a strong springboard from which we can further develop and enhance our B-BBEE commitment. 
 

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