Sasol Climate Change Report 2022 - Book - Page 55
INTRODUCTION
RISKS AND OPPORTUNITIES
GOVERNANCE
OUR FUTURE SASOL STRATEGY
DATA AND ASSURANCE
CLIMATE ADVOCACY AND POLICY (CONTINUED)
Self-assessment of relevant industry associations (continued)
1
Acknowledgement and
support for climate
science
2
Support for the Paris
Agreement goal
3
Support for carbon pricing
that provides greater
incentives for innovation
and low-carbon choices
4
Development of low and
lower-carbon energy
solutions in the form of
renewable energy, green
hydrogen, natural gas (as a
transition feedstock and fuel)
and energy efficiency
5
Transparency and
disclosure
6
7
Influence Map’s assessment
of Paris Alignment1
Overall self-assessment
of alignment2
China Cleaning Industry
Association (CCIA)
Acknowledges and
supports the science on
climate change
Supports the Paris
Agreement and is aligned
with the corresponding
target
Supports carbon pricing
and emission trading to
foster low carbon
innovation
Supports renewable energy
developments and energy
efficiency initiatives
Supports transparency
through regular
disclosures
Not assessed
2022: 2021: not assessed
2020: not assessed
China Petroleum and
Chemical Industry
Federation (CPCIF)
Acknowledges and
supports the science on
climate change
Supports the Paris
Agreement and is aligned
with the corresponding
target
Supports the China ETS
Supports the development of
renewable energy, energy
efficiency initiatives,
low-carbon product
development and CCS
Supports transparency
and disclosure to
encourage and expedite
progress on climate action
Not assessed
2022: 2021: not assessed
2020: not assessed
Supportive of low-carbon
energy solutions
Supports transparency
through regular
disclosures
Not assessed
2022: Unable to fully assess
2021: Not applicable
2020: Not applicable
C- interpreted as partial alignment
2022:
Sasol acknowledges ITTCC’s
position on carbon tax and we
assessed the organisation as
partially aligned
Sasol will continue to engage
to encourage alignment
Not assessed
2022: 2021: not assessed
2020: not assessed
Energy Council of
South Africa
Position being drafted
Position being drafted
Position being drafted
Energy Intensive User
Group’s (ITTCC)
Advocates for policy
based on climate science
Supports South African
climate commitments
taking a developing
economy context
Acknowledges the merits
of carbon price, advocates
for an alternative design
Supports low-carbon
technology to achieve the
transition
Supports TCFD
Entwicklungsgesellschaft
Westholstein (egw)
Supports climate science
Supports the Paris
Agreement and climate
neutrality by 2050
No detailed information
found, however the EU ETS
is mandatory by law in
Europe and no
misalignment is envisaged
Supports renewable
technologies and energy
efficiency initiatives
Supports transparency,
but no clear position
2021:
2020:
Sasol will continue to engage
to encourage alignment
European Chemical
Industry Council (CEFIC)
Supports strong action
on climate change in line
with the IPCC advice
Supports the Paris
Agreement and strong
action on climate change
Supports carbon pricing
under the EU ETS and
revenue recycling for
further reductions
Supportive of all relevant
mitigation technologies
within the context of the EU’s
transition to carbon neutrality
Supports TCFD
C- interpreted as partial aligned.
Deemed to provide mixed
approaches to climate change
policy. Sasol’s review remained
unchanged
2022:
Federchimica (Italian
Federation of the
chemical industry)
Aligned on the commitment towards a more sustainable
industry in accordance with the Paris Agreement to limit
the impact and risk of climate change
Supports carbon pricing
under the EU ETS
Supports natural gas as a
feedstock, renewable energy
and green hydrogen for
developing the Italian
chemicals industry
Supports transparency
and publishers a
Responsible Care
annual report
An affiliate of CEFIC. CEFIC
assessment applies
2022: 2021: not assessed
2020: not assessed
International Chamber
of Commerce (ICC)
Acknowledges and
supports the science on
climate change
Supports carbon pricing
and calls on industry peers
and governments to adopt
strong carbon pricing
policies
Supports renewable energy
policies and advocates for
energy efficiency
No position found on
transparency and
disclosure
C+ interpreted as partially
aligned. Deemed to have mixed
positions on climate policy. Sasol
assessed ICC as partially aligned
2022:
Supports the Paris
Agreement and is aligned
with the corresponding
target
SASOL CLIMATE CHANGE REPORT 2022 54
2021:
2021:
2020:
2020:
Sasol will continue to engage
to encourage alignment
Not aligned
Partially aligned
Aligned