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Contributing to Transformation Through Sustainability

In the South African context, the Mercedes-Benz South Africa (MBSA) group of companies is able to translate the global imperative for sustainability by its parent company, Daimler AG, into making a real and lasting impact on the transformation of the country.

A culture of integrity, combined with a history of good corporate citizenship and a vested interest in the stability and growth of the economy of South Africa leads the group of companies naturally in the direction of striking a balance between economic and social issues.

The recent verification audit process has classified Mercedes-Benz South Africa (MBSA) Ltd as a Level 8 contributor (verification certificate valid until 24 April 2019) in terms of the 2013 Amended Codes towards Broad-Based Black Economic Empowerment (B-BBEE).

Mercedes-Benz Financial Services South Africa has been verified as a Level 8 contributor (valid until 24 April 2019).

Committed to Good Corporate Governance

The Mercedes-Benz South Africa Group is committed to good corporate governance and it is an integral part of the Group operations and sustainability. The Group subscribes to the recommendation set out in the King III Report and adheres to all applicable legislation and regulations. Integrity and ethical conduct in a transparent environment is core to the Group operations and sustainability strategy.

As a good corporate citizen in South Africa, Mercedes-Benz South Africa recognises its responsibilities in terms of its environment, ethical behavior and following the best corporate governance practices. The Board of Directors and Executive Committee ensure that the daily operations of the Group adhere to the principles in the King III Report.

Contributing to Transformation Through Sustainability

In the South African context, the Mercedes-Benz South Africa (MBSA) group of companies is able to translate the global imperative for sustainability by its parent company, Daimler AG, into making a real and lasting impact on the transformation of the country.

A culture of integrity, combined with a history of good corporate citizenship and a vested interest in the stability and growth of the economy of South Africa leads the group of companies naturally in the direction of striking a balance between economic and social issues.

The recent verification audit process has classified Mercedes-Benz South Africa (MBSA) Ltd as a Level 8 contributor (verification certificate valid until 24 April 2019) in terms of the 2013 Amended Codes towards Broad-Based Black Economic Empowerment (B-BBEE).

Mercedes-Benz Financial Services South Africa has been verified as a Level 8 contributor (valid until 24 April 2019).

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