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BBBEE |
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PPM is fully committed to, and supportive of Broad Based Black Economic Empowerment (BBBEE) as embodied in the Codes of Practice and the Scorecard published by the South African Department of Trade and Industry. This commitment to BBBEE is premised on PPMs desire to develop people and create an empowered environment where the potential of each and every person can be realised. One of PPMs founding principles is that we Use the organisation to build people rather than use people to build the organisation. As a relatively young company PPM was formally accredited for the first time based on the 2009 audited financial statement. The accreditation process has been repeated for subsequent years.
Current scores in the defined domains of the Scorecard are:
In alignment with PPM’s vision of a mining industry where development takes place that meets the needs of the present without compromising the ability of future generations to meet their own needs, Enterprise and Socio-economic Development contributions exceed the compliance targets. True commitment is about more than amounts and percentages, it is a passion for the continued involvement in the development of individuals. A summary of some of PPM's past initiatives(see the News blog for current updates):
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