Sasol Integrated Report 2022 - Book - Page 57
INTRODUCTION | ABOUT SASOL
STRATEGIC OVERVIEW
CREATING VALUE
GOVERNANCE AND REWARDS
DELIVERING
ADMINISTRATION
GOVERNANCE | GOVERNANCE AT A GLANCE
Human Rights
We align our practices with the United Nations Guiding Principles
on Business and Human Rights. Our compliance efforts are
governed by various policies and practices which include, among
others, the following:
Maintaining sound governance
Sound corporate governance is essential at Sasol. It is the cornerstone
of our business and the foundation of our strategy which supports
the delivery of Future Sasol.
Code of Conduct
Our governance structure forms an integral part of how we
do business.
Human Rights Policy
Human Resources Policy
Safety, Health and Environmental Policy
Supplier Code of Conduct
Supply Chain Policy
The focus of the Board is to ensure that strategy, sustainability, risk and
performance considerations are appropriately balanced and effectively
integrated in all we do.
Supplier Industrial Relations Procedure
SASOL CODE OF CONDUCT
2022
Living our Values
Effective June
Security Policy
We updated the Sasol Code of Conduct (the Code) to reflect a world where there is a collective
responsibility on business to address ethical issues in decision-making. Together with our values,
Purpose and strategy, the updated Code serves as a foundation of how we behave and manage our
businesses. We do business in an ethical way.
Our Whistle-blower Policy sets out our commitment to protecting all stakeholders who, in good faith,
report contraventions of the Code, values, Sasol Policies or regulatory requirements.
Sustainability
Advanced progress on incorporating the Ten Principles of the UN Global Compact
in growing a sustainable business
Aim to be improve our overall ESG performance ratings
ESG Rating Agency
Our rating
S&P Global CSA (DJSI)
54%
MSCI
BB
SustainAlytics
39,1 (high risk exposure)
FTSE Russell (FTSE4Good)
Included
CDP Climate Change
A-
CDP Water
A-
We are committed to implementing
measures to improve our ESG performance
and have set our Net Zero emissions
ambition for 2050 and a target for a 30%
reduction in greenhouse gas emissions
by 2030.
• Over a decade of ’Excellent‘ rating in EY Excellence in Integrated Reporting Awards for our Integrated Report.
• Rated top in our sector – Energy, Natural Resources and Chemicals, in Integrated Reporting Assurance
Services (IRAS) 2021 annual review for our Sustainability Report.
Stakeholder communication
WE REMAIN COMMITTED TO:
The safety of our people – our top priority. We promote a caring safety culture and are focused
on Zero Harm.
Ensuring an ethical culture.
Promoting environmental, social and governance (ESG) considerations. This is reflected in our
Purpose – ‘Innovating for a better world’ – as well as our strategic direction.
We continue to consider issues around stakeholder perceptions and the Board takes the legitimate
interests and expectations of stakeholders into account when making decisions. A systematic and
integrated approach to stakeholder engagement is in place across the Group.
Extensive engagement across the spectrum of Sasol’s numerous and diverse stakeholders informs our
holistic climate change management approach. Sasol is committed to maintaining this level of
engagement and transparency as it is an effective mechanism to help us understand shareholder
concerns and expectations in order to make informed decisions regarding Sasol’s climate change
governance, reporting and disclosures and other matters of import to stakeholders.
SASOL INTEGRATED REPORT 2022
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