The Management Control scorecard

The Management Control element measures the effective control of entities by Black people as well as employment and in order to achieve a score for Management Control, the Management Control Scorecard is measured under the following criteria.

The Management Control Scorecard

Measurement Category & Criteria

2.1 Board participation

2.1.1 Exercisable voting rights of Black board members as a percentage of all board members

Weighting Points: 2

Compliance Targets: 50%

2.1.2 Exercisable voting rights of Black female board members as a percentage of all board members

Weighting Points: 1

Compliance Targets: 25%

2.1.3 Black executive directors as a percentage of all executive directors

Weighting Points: 2

Compliance Targets: 50%

2.1.4 Black female executive directors as a percentage of all executive directors

Weighting Points: 1

Compliance Targets: 25%

2.2 Other Executive Management

2.2.1 Black executive management as a percentage of all executive directors

Weighting Points: 2

Compliance Targets: 60%

2.2.2 Black female executive management as a percentage of all executive directors

Weighting Points: 1

Compliance Targets: 30%

2.3 Senior Management

2.3.1 Black employees in senior management as a percentage of all senior management

Weighting Points: 2

Compliance Targets: 60%

2.3.2 Black female employees in senior management as a percentage of all senior management

Weighting Points: 1

Compliance Targets: 30%

2.4 Middle Management

2.4.1 Black employees in middle management as a percentage of all middle management

Weighting Points: 2

Compliance Targets: 75%

2.4.2 Black female employees in middle management as a percentage of all middle management

Weighting Points: 1

Compliance Targets: 38%

2.5 Junior Management

2.5.1 Black employees in junior management as a percentage of all junior management

Weighting Points: 1

Compliance Targets: 88%

2.5.2 Black female employees in junior management as a percentage of all junior management

Weighting Points: 1

Compliance Targets: 44%

2.6 Employees with Disabilities

2.6.1 Black employees with disabilities as a percentage of all employees

Weighting Points: 2

Compliance Targets: 2%

The compliance targets for 2.3 Senior Management, 2.4 Middle Management and 2.5 Junior Management of the Management Control scorecard are based on the overall demographic representation of Black people as defined in the Regulations of Employment Equity Act and Commission on Employment Equity Report, which is amended from time to time.

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When determining a Measured Entity’s score, the targets should be further broken down into specific criteria, according to the different race sub-groups within the definition of Black, in accordance with the Employment Equity Act on an equitable representation and weighted accordingly.

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Key Measurement Principles

1. A Measured Entity is awarded points for meeting the targets set for the participation of Black people and Black women at Board, Executive Management, Senior Management, Middle Management, Junior Management and Black employees with disabilities.
2. When calculating its score under the Management Control scorecard, a Measured Entity must use their current payroll data.
3. If a Measured Entity does not distinguish between other Executive Management and Senior Management, then Executive Management is measurable as a single indicator with six (6) points weighting under 2.2.1 (Black executive management as a percentage of all executive directors), which is worth four (4) points, and 2.2.2 (Black female executive management as a percentage of all executive directors), which is worth two (2) points, the total of which make up the six (6) Weighting points.

General Principles

1. Executive management positions include roles such as Chief Executive Officer (CEO), Chief Operating Officer (COO), Chief Financial Officer (CFO) and other executive managers that serve on the Board of Directors.
2. Other executive management positions include all executive management that do not serve on the board of directors such human resources executives, transformation executives and others who hold similar positions.