Level 1 B-BBEE rating for engineering consultants
30 April 2019 | Web Article Number: ME201914411
GLOBAL multidisciplinary management, engineering, and development consultancy Hatch has achieved a Level 1 Broad-Based Black Economic Empowerment (B-BBEE) rating.
According to Pierre Olivier, Regional Managing director for the Africa, Middle East, and Europe region, the company began its transformation journey in 2001, well before the B-BBEE legislation was put into place.
“We embrace diversity as the catalyst to grow the economy by rectifying the exclusion of previously disadvantaged groups from gaining access to South Africa’s wealth, income equality, and skills development, which aligns with our corporate vision to passionately pursue a better world through positive change,” he said.
Olivier added that Hatch had developed and refined its Supplier Development (SD) programme, for which it won an ABSA Supplier Development Award. The company has worked with 16 SD partner organizations, 10 of which are black-women owned and five of with are youth-owned. In the past 14 years it has invested R23.6 million into enterprise and supplier development programmes.
“Hatch is also committed to training and supporting our future engineers, constructors, technologists, and inventors. In the past 14 years, we’ve invested R307 million in skills development, provided 174 bursaries to students, and hired 155 graduates. This commitment to our future extends around the globe.
“This is a very proud moment for the team. By attaining Level 1, we can, in partnership with our clients, continue to increase our capacity to bring about positive change in the local and regional communities in which we operate.”