Sasol Climate Change Report 2022 - Book - Page 56
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
International Council of
Chemical Associations
(ICCA)
Supports climate science
Committed to achieving
climate goals as contained
within the Paris Agreement
ICCA believes that a
combination of technology,
market-based and policy
solutions are necessary to
achieve climate neutrality
Supports renewable energy
sources, innovative electric
and battery materials and
emission reductions up and
down the supply chain.
Supports transparency
through regular
disclosures
Not assessed
2022:
Japan Chemical Industry
Association (JCIA)
Recognises climate
science in publication:
“Chemical Industry’s
VISION on Global Warming
Countermeasures” in 2017
Aligns with the Japanese
government on climate
change, a signatory to the
Paris Agreement
Supports carbon pricing
Promotes CCU, biomass,
natural gas as a feedstock
Supports transparency
through annual
disclosures
C- interpreted as partially
aligned. Deemed to undertake
mixed messaging and because
JCIA has asked for a review of
mitigation tax. Sasol assessed
JCIA as aligned as we see need
for gas as a transition fuel and
see JCIA as Paris aligned.
2022: 2021: not assessed
2020: not assessed
Louisiana Chemical
Association (LCA)
Acknowledges and
supports the science on
climate change
Supports the objectives of
the Paris Agreement
Supports carbon pricing
and transparent and
predictable price signals
Supports low-carbon energy
solutions
Position being drafted in
support of transparency
and disclosure
Not assessed
2022: 2021:
2020: not assessed
Minerals Council of South
Africa (MINCOSA)
Aligned with members
acceptance of climate
change science
Advocates for conducive
climate change and just
energy policies to support
the NDC
Focus is on an integrated
climate change mitigation
instrument and not a
singular tax
Advocates for renewables and
green hydrogen as priority for
the mining sector
Supports transparency,
reporting and disclosure
on ESG performance and
climate change
D+ interpreted as not aligned.
Deemed to be actively lobbying
against climate policy. Sasol’s
review remained unchanged
2022:
South African Petroleum
Industry Association
(SAPIA)
Subscribes to a scientific
approach to
understanding climate
change
Supports the Paris
Agreement goal, with many
members promoting net
zero ambitions
Supports carbon pricing
for a just transition
Advocates for conducive
policies, finance and technical
innovation that leads to less
carbon emitting energy
alternatives for use
Supports transparency to
outline goals
D- interpreted as not aligned.
SAPIA supports carbon pricing
but not the South African carbon
tax design. Sasol’s review
remained unchanged
2022:
Unternehmensverband
Unterelbe Westküste/
Heide e.V. (UVUW)
Acknowledges and
supports the science on
climate change
Supports the Paris
Agreement and is aligned
with the corresponding
target
No detailed information
found, however the EU ETS
is mandatory by law in
Europe and no misalignment
is envisaged
Supports low-carbon
technology to achieve the
transition
Supports transparency,
but no clear position
Not assessed
2022: 2021: not assessed
2020: not assessed
Verband der Chemischen
Industrie e.V. (VCI)
Supports climate science
related to climate neutral
products
Supports the Paris
Agreement and product
climate neutrality by 2050
Supports carbon pricing
through a global ETS
Supports renewable energy,
energy efficient products and
technologies and natural gas
alongside renewable
feedstocks
Supports transparent
monitoring, reporting and
verification systems (MRV)
2021:
2020:
Sasol will continue to engage
to encourage alignment
2021:
2020:
Sasol will continue to engage
to encourage alignment
2021:
2020:
Sasol will continue to engage
to encourage alignment
D- interpreted as not aligned.
Assessed as actively lobbying
against EU climate policies.
Sasol’s review remained
unchanged
2022:
2021:
2020:
1. Influence Map: Assesses over 150 industry associations globally on their climate policy engagement activities. Performance band is between A to F. An “A” score indicates an association that is supportive of climate policy that is Paris-aligned and “F” means not supportive.
2. The purpose of the table is to communicate information related to Sasol’s review and self assessment of relevant industry associations’ climate change positions against our responsible climate-related advocacy principles. The industry specific information contained herein are extract summaries from
more comprehensive reference/source documents that are publicly available/accessible including reports, website information, public statements and/or information received through associated member engagements. We therefore direct the reader to the cited sources for a comprehensive overview and
do not warrant the completeness or correctness of such source information. Sasol assumes no liability and responsibility for any errors or omissions in the source information.
SASOL CLIMATE CHANGE REPORT 2022 55
Not aligned
Partially aligned
Aligned