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Tiger Brands Limited Integrated Annual Report
2014
Sustainability
Transformation
In South Africa, Tiger Brands promotes
social transformation in the interest of nation
building, most notably through the continued
advancement of B-BBEE initiatives. We regard
compliance with B-BBEE and employment
equity legislation as a business imperative and
our B-BBEE data and reporting is independently
assured by EmpowerLogic. The company
retained a Level 3 contributor rating for the
year, as set out below.
Ownership
Brimstone (a black empowerment
investment company)
1,0%
Tiger Brands Foundation
5,0%
Employees Black Managers Trust
4,0%
General Staff Trust
0,5%
Thusani Trust (beneficiaries are
children of black employees)
1,8%
Effective black ownership
(using the exclusion principle)
25,5%
Total black women
4,3%
Management control
Tiger Brands’ board includes five black
directors (as defined by the B-BBEE codes)
one of whom is female. Management control is
driven at a group level by the board and Chief
Executive Officer.
Employment equity
In South Africa, 91% of our employees are
black (African, Indian and coloured), of which
29% are women, and 1% are disabled.
Tiger Brands B-BBEE scorecard
Available
points
2014* 2014
2013
Available
points pre-
2013 2012 2011 2010
Ownership
20 20,3
19,7
20 19,7 18,4 19,7
Management control
10
7,6
7,6
10 6,5 6,5 9,6
Employment equity
10
5,6
5,1
15 7,5 9,6 9,1
Skills development
20 12,9
11,2
15 8,1 9,1 9,5
Preferential
procurement
20 19,2
18,8
20 18,8 18,8 18,8
Enterprise development
10
7,0
7,5
15 11,7 10,3 10,1
Socio-economic
development
10 10,0
10,0
5 5,0 5,0 5,0
Total
100 82,6
79,9 100 77,3 77,7 81,8
Level
3
3
3
3
3
*Tiger Brands is now measured in terms of the Agriculture Sector codes as gazetted on 28 December 2012