Having recently achieved Level 1 BBBEE accreditation through the training and development of local staff and shareholders as well as enterprise development and participation in meaningful CSI initiatives, the 97-year old firm is a proudly South African company that invests its profits locally.
Knight Piésold achieved Level 1 BBBEE and 57% black shareholding through organic change and meaningful, sustainable transformation. All the company’s shareholders are full-time employees, having grown and developed into leadership positions in the firm.Although smaller in size than its foreign-owned competitors, the company has significant global reach through its branch offices across the world.
Despite being the oldest civil engineering consultancy in South Africa, Knight Piésold is young at heart, with the average age of its employees being just 39 years. This youthfulness is also reflected in the company’s management structures, with their Exco having an average age of just 39.
In 2018, Knight Piésold won fourteen awards from industry associations including Consulting Engineers South Africa (CESA); the South African Institution of Civil Engineering (SAICE) and the Institute of Municipal Engineers (IMESA). This is the highest number of awards won by a firm this year and is recognition of the company’s excellence in engineering, business and mentorship.
Knight Piésold has proved that it is possible for a world-class South African-owned consulting engineering firm to thrive in the global arena, while operating in harmony with the transformation goals of its home country.
Vishal Haripersad, Managing Director of Knight Piésold states, “We are proud of our transformational journey, we believe in the scorecard we have attained, we believe in empowering businesses and people, we have never believed in buying shortcuts to transformation within our organization, we do not see it as a mere cost on the balance sheet but as an imperative for the sustainable economic growth of the country. We have taken a measured approach to achieving real, sustainable transformation within our organization and through a carefully managed journey, achieved Level 2 B-BBEE in 2010 and now Level 1 in terms of the revised Construction Codes. We are proud to say that all our shareholders are not only full-time employees of the organization but real assets in our business.”
In an initiative aimed at improving the lives of future generations, Knight Piésold has focused on developing the next generation of South African engineers through investments in mathematics and science at secondary schools throughout South Africa. Haripersad says that we cannot complain about the lack or quality of engineering students if we have not played a role in their development. In 2019, Knight Piésold will make ten bursaries available to first year Civil Engineering students. The qualifying criteria are tough but fair, with deserving students required to achieve a minimum of 75% in pure Mathematics and Science.