To deliver on our transformation goals, we are developing a range of strategic programmes to support our suppliers in building new skills and capabilities that align with our purpose bp Southern Africa supports South Africa’s Broad-Based Black Economic Empowerment (“B-BBEE”) Codes of Good Practice and we have adopted the requirements of the Codes in our applicable policies & procedures. Our B-BBEE Vision is therefore a structured programme of action to transform our company to reflect the demographics of the country in all spheres of operations.
bp Southern Africa aims to promote Transformation by:
For bp Southern Africa, this journey is about much more than compliance; it is a genuine commitment to the transformation and contribution to the transformation of the South African economy broadly.
bp Southern Africa is committed to meeting preferential procurement and local content requirements where we operate, which means sourcing materials and services in line with local guidelines. We develop local market capabilities and capacity to ensure that we contribute to local production and the economy.
The objective is to ensure that bp Southern Africa is contributing to the economic growth and transformation of the South African economy through its power as a major buyer of goods and services in the country and to set out the framework within which the procurement of all goods and services are to be procured in.
The PP process is consistent with the vision of bp Southern Africa’s Transformation Charter and Corporate Strategy, which supports bp Southern Africa's intentions of:
All suppliers selected or awarded a contract shall be required to maintain the same level or improve to a higher level for the duration of their contract.
bp Southern Africa is committed to driving meaningful gender diversity and inclusion for our suppliers in our supply chain. We positively contribute to social mobility by buying inclusively and developing SMME capability in order to increase our procurement spending with the majority of black-owned suppliers.
The Supplier Development Strategy has aligned with bp Southern Africa’s Strategic Objectives as well as the legislative framework which aims to promote Broad-based Black Economic Empowerment in South Africa.
Our ESD initiatives will ensure: