Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Industry Charters

Purchase

INDICATORS

WEIGHTINGS (W) & TARGETS (T)

Forest Sector

Sub-sector specific deviations

3.	Employment Equity

Years

0-5*

Years

6-10**

3.1	Black employees of the Measured Entity who are Management as a percentage of all Management using the Adjusted Recognition for Gender

40%*

60%

3.2	Black employees of the Measured Entity as percentage of all employees using the Adjusted Recognition for Gender

60%*

70%**

3.3	Compliance with Industry Codes of Conduct on employment in the Forest Sector

Yes

3.4	Bonus points for meeting or exceeding the EAP targets in each category under 3.1 and 3.2

Yes

7 Subject to clarification of the definition in the Codes of Good Practice