BROAD-BASED BLACK ECONOMIC EMPOWERMENT
The Haw & Inglis Group achieved a Broad Based Black Economic Empowerment Level 1 Contributor status. Prior to 1994 the Company targeted and identified previously disadvantaged employees and they were placed on various training and development programmes in order to fast track employees and develop career paths.
Achieving and maintaining this level of BBBEE status is a clear indication that management and employees are committed to the BBBEE goals.
Haw & Inglis management and staff are very committed to the BBBEE codes and have maintained a
Level 2 rating over the past few years, often exceeding the 7 year targets.
The Company has a strong philosophy of empowering its staff and hence the Haw & Inglis Broad-Based Employee Trust (HIBBET) was established in 2006. This set a benchmark within the industry for proper Broad-Based Black Economic Empowerment, effectively giving a portion of the Company valued then at R33,9 million to HIBBET at par value. Today, every permanent employee in H&I with more than two years’service has a stake in the business, with HIBBET being the largest shareholding at 19.84% .
Haw & Inglis has a dedicated CSI Board Committee and focuses on the following areas:
• Community Upliftment
• Children & Youth Projects
• Sport & Culture
Over the past 5 years, the Company has spent in excess of R7.5 million towards Corporate Social Investment. A major portion of the budget is spent on school projects and tertiary education. Haw & Inglis continues to embrace best practices in sustainable job creation, human resource development, poverty relief and upliftment of disadvantaged communities.
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CODE OF ETHICS
Haw & Inglis is committed to high standards of ethical, moral and legal business conduct. In line with this commitment, and the Company’s commitment to open communication, this policy aims to provide an avenue for employees, members of the public and contractors to raise concerns and reassurance that they will be protected from reprisals or victimization for whistle blowing.
The Company has a social and ethics committee with a whistle-blower facility in place. All staff, suppliers, sub-contractors and members of the public can utilize the line and all incidents are investigated.
The whistle blowing procedure is intended to be used for serious and sensitive issues. Such concerns, including those relating to financial reporting, unethical or illegal conduct, may be reported by either completing form or by calling the hotline numbers: