ENVIRONMENTAL STEWARDSHIP

 

 

HELP

HINDER

  • Managing and meeting our air quality compliance obligations
  • Procuring renewable energy
  • Continued focus on improving our environmental footprint
  • Regulatory timelines at risk
  • Cost of transition and adaptation

Why this is a Material Matter

We need to operate within the regulatory and policy frameworks to maintain our licence to operate and be proactive in going beyond compliance.

Addressing our GHG emissions is crucial to our sustainability.

Group top priority

Safe, efficient and reliable operations

Impact of Material Matter

  • Earnings
  • Growth
  • Long-term viability
  • Stakeholder commitments
  • Sustainability
  • Reputation

OPPORTUNITIES

  • Protecting our licence to operate
  • Improved environmental footprint will positively impact our ESG ratings, increasing investment attractiveness
  • Pursue emerging sustainable opportunities

Risk

MEDIUM- TO LONG-TERM BUSINESS VIABILITY AND SUSTAINABILITY

GROUP TOP RISK 2: SUSTAINABILITY AND TRANSITION

Mitigating actions

The bulk of our Southern African Operations remain dependent on coal as a primary feedstock, and this makes up the greatest portion of our contribution to the relevant airsheds. In addressing this we have implemented initiatives and taken actions. This includes but is not limited to:

  • Technical solutions being pursued
  • Renewable energy procurement identified as a key intervention initiative – 1,2 GW by 2030, with >600 MW progressed during 2024
  • Short-term water targets set and monitored for remedial action
  • Continued the process of creating a baseline understanding for circularity
  • ESG questionnaire sent to suppliers in South Africa

Metrics

Short term

Medium term

Long term

  • Renewable energy uptake targets
  • Setting biodiversity targets
  • Short-term water targets
  • Baseline understanding of circularity at Sasol