Industry Specific Measurement
Companies may choose to be measured using the Generic Scorecard (as described above and created by the government) or their individual sector scorecards. Various Sector scorecards have already been finalised, including construction, tourism, forestry, transport, finance, ICT, mining, petroleum and others. Industry scorecards are created to address industry specific issues and complications with regard to implementing BBBEE.
All industry specific scorecards must align themselves to the generic scorecard. Companies may not measure their suppliers according to their own sector scorecards. For example, a large banking institution may not measure their ICT service providers according to the financial sector scorecard. The ICT company will present a verification certificate to the financial institution based on the generic scorecard or the ICT sector scorecard.
Read more about this topic: Broad-Based Black Economic Empowerment
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For meditations upon unknown thought
Make human intercourse grow less and less....”
—William Butler Yeats (1865–1939)
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island sixteen miles long, solid-founded,”
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“That’s the great danger of sectarian opinions, they always accept the formulas of past events as useful for the measurement of future events and they never are, if you have high standards of accuracy.”
—John Dos Passos (1896–1970)