ABSTO’s Transformation Journey: Empowering Through BEE Compliance
ABSTO, a leading adhesive solutions provider, proudly announces its achievement of a Level 4 Broad-Based Black Economic Empowerment (BEE) Certificate, marking a significant milestone in its BEE transformation journey. The certification reflects ABSTO’s unwavering commitment to promoting economic empowerment, inclusivity, and equal opportunities in South Africa.
The transition from a Level 8 to a Level 4 compliant company has been a testament to ABSTO’s dedication and tremendous efforts across all facets of the business. Throughout this transformative process, ABSTO has implemented a range of initiatives that have made a tangible impact on the company’s BEE compliance. These initiatives encompass various aspects, including skills training, learnerships, donations, BEE procurement, and stock programmes.
One of the key initiatives undertaken by ABSTO was a comprehensive skills training program, which proved to be a significant driver of their BEE transformation. Over the course of two years, ABSTO engaged in a Skills Development Program specifically designed for 18 members of their production facility. This programme focuses on enhancing and upskilling staff in roles related to quality control, maintenance, waste management, and output optimisation. ABSTO firmly believes that investing in their employees is instrumental to the success of the business. By empowering their staff with relevant skills and knowledge, ABSTO creates a strong foundation for growth and innovation, positioning their employees to excel within the organisation.
ABSTO recognises that a well-trained and motivated workforce is pivotal to driving the company’s overall performance. Therefore, the commitment to staff development extends across all areas of the business. ABSTO is dedicated to providing ongoing training opportunities to employees, ensuring that they acquire the necessary expertise to thrive in their respective roles. This commitment also includes a focus on career advancement, as ABSTO actively promotes internal promotions to foster a culture of growth and recognition.
Beyond internal initiatives, ABSTO actively engages in BEE procurement and stock programmes, forging partnerships with black-owned businesses and suppliers. By prioritising procurement from BEE-compliant enterprises, ABSTO contributes to the economic empowerment of black entrepreneurs and stimulates economic activity within local communities. These collaborative efforts form an integral part of ABSTO’s commitment to social responsibility and sustainable economic development.
As ABSTO continues to grow and evolve, their commitment to BEE compliance will remain steadfast. ABSTO firmly believes that a diverse and inclusive workforce fosters innovation, creativity, and long-term success.
To learn more about ABSTO’s BEE compliance journey, its initiatives, and ongoing commitment to staff development, view our certification here: