Titan Cargo is a Level 1 accredited Broad Based Black Economic Empowerment supplier, with a 50% Black Women Ownership status and 135% Procurement recognition level.
We are passionate about transformation and empowerment, but only in its "true form".
As beneficiaries of transformation initiatives ourselves, our partners and suppliers benefit from our enterprise supplier development agenda in their engagement with us. We are determined to help change the face of the industry and pay it forward.
Our staff grew by 74 people in 2020, many of these new hires being black women who are benefitting from initiatives aimed at fast-tracking their development within the company and the industry in general.
Our empowerment status remains a Value Add only to our clients. Our core focus and benefit remains to deliver on our promises and continuously evolve our business towards excellence at all levels.
B-BBEE Scorecard Elements
Our B-BBEE scorecard reflects our performance across the five elements of the B-BBEE Codes of Good Practice. We continuously work to improve our performance in each area through targeted initiatives and strategic investments.
Ownership25
Measures the effective ownership of enterprises by black people.
- Significant black ownership stake in Titan Cargo
- Ongoing initiatives to increase black ownership
- Transparent ownership structure
Management Control19
Measures the effective control of enterprises by black people.
- Diverse board representation
- Black representation in executive management
- Ongoing leadership development programs
Skills Development20
Measures the extent to which employers carry out initiatives designed to develop the competencies of black employees.
- Comprehensive training programs
- Bursaries and educational support
- Mentorship initiatives
- Learnerships and apprenticeships
Enterprise & Supplier Development40
Measures the extent to which enterprises carry out initiatives intended to assist and accelerate the development and sustainability of other enterprises.
- Preferential procurement from black-owned businesses
- Supplier development programs
- Enterprise development initiatives
- Financial and non-financial support to emerging businesses
Socio-Economic Development5
Measures the extent to which enterprises carry out initiatives that contribute towards socio-economic development.
- Community development projects
- Educational support initiatives
- Healthcare programs
- Infrastructure development in underserved communities
Verification
B-BBEE Certificate
Our B-BBEE status is independently verified by an accredited verification agency. The current B-BBEE certificate is valid until December 2025.
For a copy of our latest B-BBEE certificate or more information about our transformation initiatives, please contact our Transformation Office at transformation@titancargo.com.