Page 19 - Energize July 2021

NEWS

Eaton South Africa retains B-BBEE Level 1 for

fourth consecutive year

aton South Africa, a global power management company with manufacturing and
distribution sites in South Africa, has secured its fourth consecutive Broad-based Black
EEconomic Empowerment (B-BBEE) Level 1 status, affording it a 135% procurement
recognition level.
The company scored a total of 100,12 points in its most recent assessment, with key metrics
including 25,5% ownership and 13,51% black women ownership.
“Retaining our Level 1 B-BBEE status provides Eaton with a competitive advantage in the South
African market, as other companies that similarly place a high priority on transforming the local
economy are able to partner with us as consultants and suppliers to meet their power management
needs,” says Themba Leshaba, Human Resources Business Partner at Eaton South Africa.
“We have a committed team across our different business units that have worked together
to help the business achieve this milestone,” he adds.
Many international brands operating in South Africa struggle to achieve the local ownership Themba Leshaba
requirements laid out in the B-BBEE guidelines, but Eaton South Africa’s parent company
understands the need for local transformation. With this in mind, it partnered with Lion Pride
Investment Holdings, which is a 25.5% shareholder in Eaton South Africa. challenging economic environment.”
“We also pride ourselves on Inclusion and Diversity as part of our Human Resources Eaton’s procurement strategy is to
strategy. Our Human Resources department ensures that vacant positions are filled by carefully select suppliers that also have a
the best candidates for the job, that we appoint and promote on merit, while focusing on high B-BBEE level – particularly with black
transformation.” female ownership.
Eaton also invests extensively in further education with its bursary programme that funds “Our unrelenting focus on transforming
tertiary studies for the children of employees. Eaton also funds bursaries of students from the our business and our industry positions
communities where we operate, who are studying for careers in power management or other Eaton well to accelerate our business success
related fields. We have a good track record with regards to the absorption of some of the in South Africa and further afield,” Leshaba
students that have been placed in various departments in the business. adds. “Not only are we a supplier of choice to
One of our values at Eaton is Learning. We drive continuous improvement through learning other businesses and public sector partners
on the job and studying part-time to improve educational qualifications. There is extensive who are as focused on transformation as
investment in employee development driven through our performance management system we are, but we will attract the continent’s
where each employee is expected to have a development plan. leading talent, in turn build higher-
With the power management sector being a highly specialised industry, Eaton has performing teams and provide exceptional
additionally focused on helping its suppliers grow. “We identify small businesses that can service and solutions to our clients.”
provide value added services, and implement service agreements with them, with the goal of
empowering them and helping them build more sustainable businesses,” Leshaba explains. For more information, visit
“We are very proud of how we are helping emerging businesses grow, despite the prevailing www.eaton.com/za.

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