Ownership

Esor remains strongly committed to B-BBEE and is constantly striving to increase black ownership at group level. The group is currently 68,52% Black-owned, comprising BEE shareholders that include:

Shareholder Shares

Esor Broad Based Share Ownership Scheme: Implemented in 2006
to benefit all permanent staff below executive management level

  • holds a 4,25% stake in the group

21 012 250

Geomer Investments

261 254 253
Other 24 047 105
Total 306 313 608

The Esor group is rated a “Level 4” contributor in terms of the Generic Codes of Good Practice. 100% of spend with the group can therefore be regarded as BEE spend for clients. 89,8% of the workforce is Black, and emphasis is placed on training suitable candidates to accelerate promotion to management level. Esor is currently 68,52% Black-owned, of which 1,28% comprises Black female equity participation.