Question 1

What is Hollard's B-BBEE rating?

Accepted Answer

Hollard is currently a Level 2 B-BBEE contributor on the Financial Sector Generic Scorecard basis.

Question 2

What does B-BBEE stand for?

Accepted Answer

B-BBEE stands for Broad-Based Black Economic Empowerment.

Question 3

What areas does Hollard focus on for transformation?

Accepted Answer

Hollard focuses on ownership, management control, skills development, preferential procurement, enterprise & supplier development, socio-economic development & consumer education, access to financial services and empowerment financing.

Question 4

Why is transformation important to Hollard?

Accepted Answer

Hollard believes in embracing the spirit of transformation to create a positive role model in South Africa and better reflect the demographics of the society in which it operates.

Question 5

How can I get in touch with Hollard for more information about B-BBEE?

Accepted Answer

You can contact Customer Care on 0861 000 107 or email customerservice@hollard.co.za.

Question 6

What does being a Level 2 B-BBEE contributor mean for Hollard?

Accepted Answer

It means that Hollard has met specific criteria set by the B-BBEE framework, demonstrating its commitment to economic empowerment and transformation.

Question 7

How does Hollard support socio-economic development?

Accepted Answer

Hollard supports socio-economic development through various initiatives, including consumer education and access to financial services.

Question 8

What is Hollard's approach to preferential procurement?

Accepted Answer

Hollard is committed to preferential procurement and supporting suppliers that contribute to economic transformation.

Question 9

What are Hollard’s targets for transformation?

Accepted Answer

Hollard has set ambitious targets for transformation, aiming to be a positive role model and better reflect the demographics of South Africa.

Question 10

What is Hollard’s philosophy on transformation?

Accepted Answer

Hollard believes in embracing the spirit of transformation, not just complying with the letter of the law, to create a more inclusive and equitable society.

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