Metair is committed to the principles of transformation and views the continued demonstration of this commitment through the performance of our operations as a potential competitive advantage. In South Africa, supplying energy storage solutions to parastatals like Eskom and Transnet requires full transformation credentials. This is also true for local municipality energy projects for clinics and schools. Most South African businesses across the manufacturing and mining industry also require a minimum level 4 status when evaluating sourcing decisions.
Transformation is monitored and managed by the employment equity and transformation committees, which report to the board. Transformation in the group is guided by the group transformation policy and the equal opportunity policy. We measure our progress using the Department of Trade and Industry Codes of Good Practice (dti CoGP). Executive variable remuneration is linked to achieving the group’s B-BBEE targets.