At Europcar, we are committed to transformation and empowerment. Our positive contribution to the development of our society through our socio-economic development contributions, skills transfer, and enterprise development initiatives, has led to us beingawarded a Level 2 BEE rating from the National Empowerment Rating Agency(NERA).
OurBBBEE verification certificate has been issued in accordance with the Tourism Sector Code, which has been developed to advance the objectives of the BEE Act no. 53 of 2003.
We believethat our status is an objective measurement of the significant progress we have made towards empowerment andour rating means that our customers are able to claim 110% of their spend with us as Preferential Procurement spend.
Empowerment remains a high priority for us.We will continue to pursue and enhance all facets of empowerment in our business, and intend to make use of additional avenues to increase our BBBEE status, keeping us in the forefront of transformation in the industry.
It is our strategic imperative to focus on all elements of Black Economic Empowerment that directly contribute to the economic transformation of South Africa. Our transformation initiatives are not solely concentrated on equity, but also extend to all other areas of the business. Some of the areas we have prioritised range from enhancing representation on EXCO level to preferential procurement, skills development, and enterprise development.
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