CCBSA accelerates transformation and retains level 3 BBBEE status
Coca-Cola Beverages South Africa (CCBSA) has retained its level 3 Broad-Based Black Economic Empowerment (B-BBEE) status for following a rigorous verification process. The company attributes this achievement to strategic investments in amongst others, procurement which saw an increased spend with black-owned suppliers from 50% to just over 61% of its total adjusted procurement spend, of which 34% is with black females.
As part of CCBSA’s commitment to diversity and inclusion, the company has increased black female representation in leadership roles and senior management, from 89% recognition in 2020 to 94% recognition in 2021.
Study Buddy Fund
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Coca-Cola Beverages South Africa (CCBSA) has committed itself to providing access to further education and training, by not only supporting students financially, but also providing a refreshing perspective on education with the launch of The Study Buddy Fund.
For the 2022 academic year the higher education support fund will pay for the tuition and accommodation fees of seventy academically deserving students from fourteen select host communities across the country.