BEE

Our BEE procurement recognition level is 100%. We embrace the ideals of our New South Africa and are committed to pursuing the upliftment of the social welfare of all our stakeholders, and specifically those people who were disadvantaged by the previous political dispensation in South Africa.

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Click here for our BBBEE Rating Letter

We have focused our attention on compliance with the Broad Based Black Economic Empowerment Act 2003 (Act No.  53 of 2003) and The Codes of Good Practice. 

PPG's current rating is as a Level 5 contributor (score between 55 and 65 out of 100). Our Procurement Recognition Level is 80% and with the Value Adding Enterprise Factor of 1.25 it is 100%. As a result, our customers can recognise 100% of all monies spent with Polyoak as “BEE Spend” in terms of their preferential procurement policies.


The Polyoak Family Educational Trust
The Polyoak Packaging Group has made available a share of its share equity and future dividend income to the Polyoak Family Educational Trust in order to fund a group corporate contribution to the constitutional commitment to right the wrongs of the past through the economic empowerment of those who were previously disadvantaged.

It is a strong belief of Polyoak that the most effective means of righting the wrongs of the past, and empowering those who were previously disadvantaged, is to provide financial resources in order to facilitate their access to quality education and learning opportunities, to enable previously disadvantaged persons to benefit from further education, and to enhance their skills, and gain higher academic and professional qualifications.  

The Polyoak Family Educational Trust is established primarily for the benefit of the black employees, and their children, of the Polyoak Packaging Group, but also for the benefit of other individuals, organisations and local communities.  It provides funding and financial support for education and training purposes - at primary, secondary, or tertiary level as well as pre-school care and post-graduate education, research and training.

BEE South Africa