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B-BBEE and transformation

Committed to transformative change

Meaningful transformation that creates substantive impact in the environments in which we operate, remains a priority for our business, and underpins all our strategic objectives. We remain committed to advancing the transformation landscape beyond the property sector, in a manner that contributes positively and sustainably to the growth and economic wellbeing of all South Africans impacted by our business operations.

Although the COVID-19 pandemic presented a number of operational challenges and, at times, threatened to derail several objectives, we remained vigilant to managing these risks and capturing the opportunities that emerged.

As such, we are pleased to report that for the 2020 financial year, in accordance with the amended Property Sector Code, we have maintained our Level 3 B-BBEE contributor status.

As an organisation, we pride ourselves on an agile and forward looking approach to transformation, and align our operational plans with our transformation objectives. In this vein, work has already begun on our broader transformation goals, and we look forward to shifting the transformation needle in the coming years.

For more information, please read our 2020 ESG report

Level three (3) contributor

Redefine has been rated against the B-BBEE codes of good practice published by the Department of Trade and Industry and has achieved a Level three (3) contributor status. We are committed to the objectives of Broad-Based Black Economic Empowerment (B-BBEE) and we endeavour to explicitly integrate the principles in our business.

B-BBEE Compliance report
B-BBEE Verification certificate and report 2020