BBBEE & CSI
BBBEE
WEG Broad-Based Black Economic Empowerment
WEG South Africa is committed to ongoing transformation within South Africa and fully supports Broad-Based Black Economic Empowerment (BBBEE).Through its strategic transformation and BBBEE objectives, we are able to demonstrate its commitment to uplifting previously disadvantaged individuals.
WEG South Africa is focused on creating and maintaining the principle of equal opportunity, and applies the appropriate mix of resources and mindset to underpin this aim. This policy extends to WEG South Africa employees, suppliers, business partners and the wider community.
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Our Corporate Social Investment (CSI) approach is aligned with the organisation’s values, policies and strategy.
WEG South Africa strives to be responsive to the needs of our communities in which we operate, live and have influence, where we strive to ensure that our ideas, people and resources make a lasting difference. We have taken it upon ourselves to leave a legacy by playing a significant role in shaping the leaders of tomorrow by committing to working with communities, institutions and other like-minded partners to improve access to education.
Education and Technical skills training
The South African Department of Labour has identified skills shortfalls as being particularly high in terms of required engineers, technicians, artisans and skilled labourers.
WEG South Africa’s social investment and development programme attempts to address these needs through supporting projects providing:
- Education and training in the under-resourced areas of maths and science for both educators and learners at secondary school level
- Technical skills training at school leaver level, particularly programmes focused on training in the electrical engineering field, which is done through donating various engineering products to TVET colleges (previously known as FET College).
- Support of community education facilities and bursaries for the underprivileged.
CSI upliftment projects also have an internal focus whereby the group concentrates on the development of its own people. This take place at various levels including Adult Based Education Training (ABET), in-service training, technical learnerships, graduate programmes leading to ECSA professions, Management Advancement Programmes (MAP) and MBA’s.
