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October 14, 2011

Investec scorecard looking better, but comes under fire

Investec released its 2011 broad-based black economic empowerment (BBBEE) scorecard this week, which confirmed concerns raised by some of the group's employees and independent observers about the bank's poor employment equity record.



While showing overall improvement, the 2011 scorecard show Investec scoring about 30% (3.07 out of 10 points) on management transformation. The group achieved about 60% on employment equity and 40% in skills development.

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Posted by StaffWriter at October 14, 2011 8:48 AM