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Appendix HUBBLE IMPROVEMENT PLANBBBEE Improvement Plan Targetsaimprovement Target ScroeComment/Supporting Info1. OWNERSHIP INDICATOR Provide an indication of the extent to which the entities current
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BBBEE improvement plan is a strategic document outlining the steps a company will take to improve their BBBEE rating and comply with BBBEE legislation.
Any company operating in South Africa that falls under the BBBEE Act is required to file a BBBEE improvement plan.
BBBEE improvement plans are typically filled out by assessing the company's current BBBEE status, identifying areas of improvement, and setting specific targets and actions to achieve them.
The purpose of a BBBEE improvement plan is to drive transformation, promote economic empowerment, and ensure compliance with BBBEE legislation.
Information such as current BBBEE scorecard, targets for improvement, action plans, timelines, and responsible individuals must be reported on a BBBEE improvement plan.
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