BEE & Transformation


firstEquity was formed to further the interests of Black Risk Management Professionals and as such, we are committed to the principles of BB BEE. We are an accredited level 2 BBBEE company.


firstEquity is an employer that empowers all colleagues to grow technical skills and develop themselves. Through people development and a focused strategy, our business will grow and rival our large competitors in the not too distant future.


WE BRIEFLY DESCRIBE THE FIRSTEQUITY EMPOWERMENT PROFILE BELOW


Ownership

firstEquity is a majority Black owned entity with more than 51% of the equity in HDI hands

Procurement

firstEquity commits to the goal of broadening the base of BEE and we practice this actively. The majority of our discretionary procurement spend is with empowered companies.

Management and Control

These skills are being actively developed in our HDI staff and we have achieved a good balance. Our CEO and a significant number of the management team of firstEquity are Black.

When firstEquity was formed in 2006 we had an express intention of developing Black Risk Management skills. Since then, 75% of our new employees have been Black.