Savino Del Bene, a leading supply chain and logistics company, has made remarkable strides in promoting diversity and empowerment in South Africa. Recently, the company achieved an impressive B-BBEE (Broad-Based Black Economic Empowerment) Level 1 status, a significant recognition of its commitment to inclusivity and socio-economic development. With a remarkable 135% preferential procurement recognition and 26% black women equity.
Savino Del Bene South Africa understands the importance of addressing historical disparities and creating opportunities for black individuals, especially women, to uplift communities and contribute to the transformation of the nation’s economy. Moreover, by complying with B-BBEE legislation, Savino Del Bene sets a high standard for the supply chain and logistics industry, driving positive change and socio-economic development in South Africa.
The B-BBEE program is a crucial government initiative in South Africa designed to promote economic transformation and address historical inequalities caused by apartheid. The program sets guidelines and scores companies based on their commitment to transformation, including ownership, management, skills development, and procurement from black-owned businesses. Achieving a Level 1 status is the highest attainable level, signifying a company’s exceptional dedication to the principles of empowerment and economic upliftment.
Savino Del Bene’s unwavering compliance with B-BBEE legislation showcases its commitment to operating ethically and responsibly. By meeting and exceeding the requirements of the program, the company demonstrates its dedication to playing a constructive role in redressing historical injustices and driving meaningful change.