Empowerment vision PDF Print E-mail

Optimum Coal is committed to transformation to greater gender and race equality in our industry. Optimum Coal manages its stable workforce without compromise to leadership. Optimum Coal sets a sterling example of real broad-based black economic empowerment.

Not only is Optimum Coal majority black owned, but is a highly successful South African coal mining company with operational control also being in black hands. We have a clear transformation strategy with specific efforts to integrate transformation as part of the way we do business. Optimum Coal recognizes the role of all its stakeholders on this journey and regular communication informs all our stakeholders (internal and external) of milestones achieved in our transformation efforts.

Optimum Coal strives to enable strong governance and sustainable development throughout the group. Optimum Coal and its people have an aligned vision for sustainable development to the benefit of our people and the environment. We have established a transformation committee with clear roles and responsibilities to enable transformation in the group. Safety and environmental awareness remains a priority in all of our business activity. We regularly engage with all relevant stakeholder groups proactively to ensure that their interests are safeguarded and their expectations are met.

  • Our Broad-based BEE highlights · Majority black-owned and managed company
  • Employee Benefit and Community Trusts own 25 million Optimum Coal shares each
  • BEE is totally unencumbered with lockups to 2014
  • Largest BEE shareholder in RBCT

Optimum Coal brought about true broad-based empowerment by the fact that a large proportion of the company’s shares is owned by its employees and the local communities, with extensive social investments and enterprise development programmes being rolled out on a daily basis