Sasol Integrated Report 2022 - Book - Page 30
INTRODUCTION | ABOUT SASOL
STRATEGIC OVERVIEW
CREATING VALUE
DELIVERING
GOVERNANCE AND REWARDS
ADMINISTRATION
STAKEHOLDER ISSUES INFORMING OUR MATERIAL MATTERS (CONTINUED)
PLANET
Main issue
DECARBONISATION
Significant issues of our stakeholders
Group top risk theme
• Air quality compliance and Sasol meeting its climate change obligations
• Sustainability
and transition
• Employees and organised
labour
• Government and regulators
• Shareholder and providers
of capital
• NGOs
• Customers
• Delivering on our renewables procurement commitment to reduce our scope 2 emissions
• Sustainability
and transition
•
•
•
•
Significant issues of our stakeholders
Group top risk theme
• Urgent air quality improvement and rapid decarbonisation strategy and programmes – tangible
actions to deliver on emission reductions
• Delivering on our decarbonisation targets for 2030 and 2050
• Progressing national incentives
RENEWABLES
Material Matter
Stakeholders
Communities and societies
Suppliers
Business/joint ventures
NGOs
PROFIT
Main issue
Material Matter
Stakeholders
• Access grant funding and incentives to support the development of green hydrogen
• Ramp-up cash flow generation in Americas post Lake Charles Chemicals Project start-up
• Implementing Future Sasol to achieve long-term gearing and net debt to earnings before interest,
tax, depreciation and amortisation targets
• Following through on our self-help measures and managing our balance sheet
• Optimising our portfolio and positioning for transition to Future Sasol
• Positioning for long-term value creation
• Financial
• Capital investment
• Market
• Shareholder and providers
of capital
• Government and regulators
• Employees and organised
labour
• Advancing efforts to source additional gas supply
• Piped gas pricing – maximum gas price implementation
• Affordability of feedstock (eg liquified natural gas) and impact on value chain
• Market
• Financial
• Legal, regulatory
and governance
• Shareholder and providers
of capital
• Customers
• Government and regulators
• NGOs
GROWTH AND
INNOVATION
• Develop and grow partnerships and collaboration to promote a sustainable economy in the
Southern African region
• New growth opportunities (Sustainable Aviation Fuel/green H2) – perceived as attractive with no value
attributed at this stage
• Expand on green hydrogen opportunities in Southern Africa to grow the low-carbon portfolio
• Establishing mindset of continuous improvement and innovation to position Future Sasol –
including internal and external product innovation
• Sustainability
and transition
• Capital investment
• Market
• Employees and organised
labour
• Shareholder and providers
of capital
• Government and regulators
• Customers
• Legal, regulatory
and governance
REGULATORY
• Supplier non-compliance to legal and regulatory requirements, including but not limited to
Anti-Bribery and corruption sanctions and Broad-Based Black Economic Empowerment legislation,
may exclude suppliers
• Bolstering corporate governance
• Setting clear targets to unlock value
• Suppliers
• Governments and regulators
• NGOs
• Initiating agile line-led delivery
• Delivering Sasol 2.0 targets to drive resilience and return on invested capital improvement
• Global operational stability and frequency of unplanned incidents
•
•
•
•
• Employees and organised
labour
• Shareholder and providers
of capital
• Customers
CAPITAL ALLOCATION/
BALANCE SHEET/
INVESTMENT
ATTRACTIVENESS
GAS SUPPLY
OPERATIONS
SASOL INTEGRATED REPORT 2022
29
Safety and operational
Financial
Capital investment
Sustainability
and transition
