Sasol Integrated Report 2023 - Book - Page 39
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
CREATING VALUE
PERFORMANCE
GOVERNANCE AND REWARDS
ADMINISTRATION
OUR MATERIAL MATTERS INFORMED BY STAKEHOLDER ISSUES CONTINUED
PLANET
MAIN ISSUE
SIGNIFICANT ISSUES OF OUR STAKEHOLDERS
GROUP TOP RISK THEME
• Air quality compliance and Sasol meeting its climate change obligations
DECARBONISATION
• 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 ambition for 2050
• Progressing national incentives including carbon tax allowances
• Greening our operations by substituting fossil-based utilities with renewable energy –
laying a platform for future renewable energy expansion
MATERIAL MATTERS
• Sustainability
and transition
• Sustainability
and transition
RENEWABLES
Safety of
our people
STAKEHOLDERS
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Employees and organised labour
Government and regulators
Shareholders and providers of capital
NGOs
Customers
Communities and societies
Media
Shareholders and providers of capital
Communities and societies
Government and regulators
Suppliers
Business/joint ventures
NGOs
PROFIT
MAIN ISSUE
CAPITAL
ALLOCATION/
BALANCE SHEET/
INVESTMENT
ATTRACTIVENESS
GAS SUPPLY
GROWTH AND
INNOVATION
REGULATORY
OPERATIONS
SIGNIFICANT ISSUES OF OUR STAKEHOLDERS
GROUP TOP RISK THEME
• Ramp-up cash flow generation in United States 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 Sasol 2.0 initiatives and managing our balance sheet
• Optimising our portfolio and positioning for transition to Future Sasol
• Access grant funding and incentives to support the development of green hydrogen
• Positioning for long-term value creation
• Financial
• Capital investment
• Market
• 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
• Develop and grow partnerships and collaboration to promote a sustainable economy in
Southern Africa
• New growth opportunities (sustainable aviation fuel/green hydrogen)
• 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
• 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
• Potential impact of carbon tax
• Bolstering corporate governance
• Setting clear targets to unlock value
• Sustainability
and transition
• Capital investment
• Market
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Coal quality and predictable volume delivery
Initiating agile line-led delivery
Delivering Sasol 2.0 Reset targets to drive resilience and adequate return on invested capital
Global operational stability and reducing the frequency of unplanned incidents
SASOL INTEGRATED REPORT 2023
Resetting
for resilience
STAKEHOLDERS
• Shareholders and providers of capital
• Government and regulators
• Employees and organised labour
Sustainably
decarbonising
for Future Sasol
• Legal, regulatory
and governance
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Safety and operational
Financial
Capital investment
Sustainability
and transition
Environmental
stewardship
Strengthening
relationships
with
stakeholders
and regulators
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Shareholders and providers of capital
Customers
Government and regulators
Organised business and industry
NGOs
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Employees and organised labour
Shareholders and providers of capital
Government and regulators
Customers
• Suppliers
• Governments and regulators
• NGOs
• Employees and organised labour
• Shareholders and providers of capital
• Customers
