First Avenue is committed to transformation and Broad-based Black Economic Empowerment (B-BBEE). It is our view that addressing restrictions that exist within SA for black individuals to participate meaningfully in the economy will lead to a more prosperous country with lower levels of inequality.
We are currently a level 2 contributor in accordance with the B-BBEE Codes of Good Practice on Black Empowerment gazetted on 9 February, 2015. In addition, we are 73.37% black-owned and 80% of our staff are PDIs.
First Avenue also understands the importance of Corporate Social Investment in empowering individuals to uplift themselves and their communities. We give consideration to this in our procurement policies and training programs. Our staff are also involved in community upliftment initiatives. We have also conducted internships for previously disadvantaged students over the past 3 years.
During 2015, we launched the First Avenue Institute which aims to stimulate interest in the STEM (Science, Technology, Engineering and Mathematics) sector for previously disadvantaged girls.