SUSTAINABLY DECARBONISING FOR FUTURE SASOL

 

SUSTAINABLY DECARBONISING FOR FUTURE SASOL







HELP

HINDER
  • Just energy transition 
  • Execute an optimal greenhouse gas (GHG) emission reduction roadmap and programme towards Future Sasol
  • Aligning a visible and integrated just transition programme and incorporating localisation and economic empowerment
  • Drive low-carbon initiatives in a value-accretive way by expanding on all lucrative growth opportunities
  • Capital availability
  • Enabling and accessing incentives for development and transitioning initiatives
  • Impact of carbon tax regimes on Future Sasol
  • Inability of current operations to adapt to extreme weather events resulting from climate change

Why this is a Material Matter

We are acutely aware that our Future Sasol strategy is dependent on sustainable value creation and transitioning our operations.

In order to decarbonise at the pace required, we will have to secure the capital resources while traversing challenging regulatory regimes and a volatile market.

Group top priority

Safe, efficient and reliable operations; stakeholder confidence and growth agenda

Impact of Material Matter
  • Long-term viability
  • Financial resilience
  • Increased climate change pressures
  • Stakeholder commitments
  • Business sustainability
  • Reputation

OPPORTUNITIES

  • Developing our technology will open new growth avenues and expand the use of our products
  • Foster stronger collaboration with government to achieve national decarbonisation targets and objectives
  • Renewable energy, gas to power and biomass value creation

Risk

MEDIUM- TO LONG-TERM BUSINESS VIABILITY AND SUSTAINABILITY

GROUP TOP RISK 2: SUSTAINABILITY AND TRANSITION

Mitigating actions
  • Developing an integrated technology strategy and roadmap with reference to the pathways
  • Assessing market positioning against emerging trends, setting targets, transforming our product portfolio, maintaining product supply, meeting customer needs and focusing/delivering to our base business targets
  • Clean Fuels and octane programme
  • Making our business more sustainable by moving towards cleaner energy solutions and preserving value from existing assets
  • Executing against our emission reduction roadmap optimising for value creation

Metrics

Short term

Medium term

Long term
  • Decarbonisation targets
  • Optimal 2030 GHG emission reduction roadmap
  • Renewable energy uptake
  • Energy efficiency improvement
  • Setting up new sustainable businesses/partnerships