Sasol Integrated Report 2023 - Book - Page 43
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
CREATING VALUE
PERFORMANCE
GOVERNANCE AND REWARDS
OUR MATERIAL MATTERS CONTINUED
ADMINISTRATION
PROGRESSING A SUSTAINABLE FUTURE SASOL
Strengthening relationships
with stakeholders and regulators
SDGs
HINDER
HELP
ABOUT SASOL SPONSORSHIPS
• Enhancing opportunities
for partnership
• Strengthening partnerships
for economic transformation
and localisation
• Improving customer experience
• Maintaining regular and transparent
communication and disclosure
• Increasing focus on our human
capital talent attraction and
retention
• Maintaining government
engagement on regulatory matters
• Not delivering on social
investment commitment
• Unsuccessfully addressing
any negative perception
of Sasol
• Perceived lack of
transparency regarding
employment opportunities
• Limited access to our
supply chain
Why this
is a material
matter
Strengthening relationships with all our stakeholders is
an indispensable requirement to build credibility and trust.
Being perceived as a credible partner will contribute to
delivering shared value.
Group top
priority
IMPROVE OUR CULTURE
Impact of
material
matter
•
•
•
•
•
•
Mitigating
actions
• Be transparent in our engagements and delivering on
our promises including our People Promise and Promise
to Society
• Co-developing sustainable solutions with partnerships
and other stakeholders
• Increase the role we play in the regions in which we operate
• Tracking the delivery of our commitments to stakeholders
• Meeting Broad-Based Black Economic Empowerment ownership
targets and industry-specific charters
• Putting in place local content strategies
Targets
and metrics
Short term
Medium term
Long term
•
•
•
•
•
Long-term viability
Improved customer focus
Stakeholder commitments
Risk management
Sustainability
Reputation
OPPORTUNITIES
• Inspire confidence
and manage uncertainty
• Being experienced as an
authentic credible partner
Setting up new sustainable business ventures
Establishing PtX partnerships
Advancing feasibility studies for emerging new value pools
Employee engagement surveys
Customer satisfaction engagements
SASOL INTEGRATED REPORT 2023
42
Sponsorships play a key role in building the Sasol
brand, helping to create a tangible expression of our
Values and brand, while having the ability to delight
and engage a broad cross-section of stakeholders,
including potential and existing customers.
As a vital brand-building pillar, sponsorship of marketing
assets offer a valuable platform to connect stakeholders
with Sasol, our products and services to bring our Values
and brand to life, while also enhancing our reputation.