Area: |
Target |
Weighting
Points |
% of
Points |
Formula |
Notes |
Statement 200: General Principles |
10 |
|
|
|
1. Board Participation |
|
|
|
|
Based on information submitted under the Employment Equity |
1.1 Exercisable Voting Rights of black Board Members using the Adjusted Recognition for Gender |
50% |
3 |
30% |
ARG / Target x 2 |
Act. ARG means Adjusted Recognition for Gender which is calculated as set out in Annexe 200(A) as follows: (% of black employees / 2) + % of Black Women Employees limited to a maximum of 50% of the target. |
1.2 Black Executive Directors using the Adjusted Recognition of Gender |
50% |
2 |
20% |
ARG / Target x 2 |
|
2. Top Management: |
|
|
|
|
|
2.1 Black Senior Top Management using the Adjusted Recognition for Gender |
40% |
3 |
30% |
ARG / Target x 2 |
|
2.2 Black Other Top Management using the Adjusted Recognition for Gender |
40% |
1 |
|
(Black INED / All INED) x 1 |
3, Bonus Points:
Black Independent Non-Executive Board Members |
40% |
1 |
|
(Black INED / All INED) x 1 |
|
