An additional folder labelled ‘BEE’ has been added to the Companies’ file. Here you will find the selected company’s current and historical BEE certificates as well as a BEE peer analysis. The analysis is presented as an infographic comparing each of the company’s five BEE scorecard component scores against those of its peers:
A transparency rating ranging from 1 (Not transparent) to 10 (Very transparent) has been introduced for companies on the Who Owns Whom database. This measures them on the availability of information on their company in the public domain, as well as their willingness to provide additional information on request.
Transparency has become an increasingly important requirement of a law-abiding society for the following reasons.
The rating is applied to the 15,000 companies WOW has profiled and not the 170,000 that reflect ownership only. Dormant and liquidated companies have been excluded.