The Master Plastics Group of Companies has improved its B-BBEE rating from that of a Level 4 a year ago, to a Level 2 – Empowering Supplier in its independent rating completed at the end of May 2018.
Chief Executive Officer, Manley Diedloff, commented: “We are all very proud of this achievement and the team has worked hard over the last year to ensure that we identify areas of improvement in the way we procure, recruit, employ and, in general, deploy our financial and other resources to ensure the best result for all our stakeholders. Our “We Grow” initiative, which has both an internal and external focus, has contributed significantly to this result and we were able to invest more than R 8.5 million into numerous qualifying initiatives which also had a positive impact on our human, intellectual and social capitals. The focus for us will now be on ensuring that we maximise on this outcome as it should be of significant benefit to our customer base who are able to recognise 125% of their procurement spend with the Master Plastics Group for their own rating purposes.”
The Master Plastics B-BBEE certificate is available for download here.