Air Products South Africa has shown its commitment to the objectives of Black Economic Empowerment (BEE) by becoming a Value Adding Enterprise.
BEE is a programme launched by the South African government to reverse the impact Apartheid had on economic opportunities for certain groups in South Africa.
In the four years since Air products joined the programme, the company has demonstrated a commitment to the objectives of black economic empowerment, gaining a rating of 66.47% in 2008/9.
The company achieved Value Adding Enterprise status after been awarded a level 4 from verification agency, Ingcazi Ratings.
Companies procuring from Air Products South Africa can now qualify for a 25% enhancement, which is 125% of the BEE procurement parameter normally attributed to level 2 contributors to BEE.
Mike Hellyar, Managing Director of Air Products South Africa (pty) Ltd said, “We have made a concerted effort over a number of years and embraced the principles of BEE, and are extremely proud of our Level 4 achievement.”
Air Products has identified education as a particular area of focus, it considers the future prosperity of the country to be largely dependent on how well its citizens are educated.
Among recent projects in this area is the support given to the Siphesihle Primary School in Madadeni near Newcastle (SA).
The school has had it future transformed through the donation of classrooms and a fully functioning kitchen from Air Products.
Mike Hellyar added, “We at Air Products believe that our future depends on our ability to harness the talent and energy of all our people and therefore we will continue our focus on education both internally as well as externally, supporting projects to provide opportunities to disadvantaged communities and individuals.”