Sasol Integrated Report 2024 - Book - Page 112
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
BUSINESSES
ESG
REMUNERATION REPORT
DATA AND ASSURANCE / ADMINISTRATION
SOCIAL – COMMUNITY
SASOL IN SOCIETY
OUR COMMITMENT
OUR GROUP APPROACH
We aim to be a “catalyst for positive socio-economic change,
driving shared value creation” to society. This is our Promise
to Society. We upheld it for the past three years and will
continue to do so, as we invest in initiatives that enhance
economic participation, contributing to growth
and improved quality of life within our operating
geographies and fenceline communities.
(INCLUDING
PROVINCIAL
AND LOCAL)
Key government
plan at local,
provincial, and
national levels
Programme
identification
intersection
point
Quality
Education
Focus areas
FENCELINE
COMMUNITIES
Key priorities from
the community
stakeholders in our
fenceline communities
Our SI focus areas enable streamlined delivery of impactful
and responsive initiatives categorised as focus areas.
IMPACT – Make a measurable socio-economic difference
to stakeholders.
2
RELEVANCE – Understand stakeholder expectations
and respond effectively to diverse stakeholders.
3
SHARED VALUE – Manage and proactively influence,
engage and partner with stakeholders. Engage a ‘win-win’
shared value outcome. Collaborate with our partners
and stakeholders along the value chain, promoting the
safe and responsible practices related to storage, use,
conversion and end-of-life management of our products.
SOCIAL IMPACT FOCUS AREAS AND CONTRIBUTION TO SOCIETY AND THE ECONOMY
ECONOMIC IMPACT OF FOCUS AREAS
NATIONAL
AGENDA
1
We continue to actively contribute to the economy through our products, services and commitment to improve the lives of our fenceline communities.
We do so through our SI and localisation strategies. Our investments are focused on the following focus areas and have contributed value to society
and the economy in the following ways:
Sasol’s intent and strategy for SI based on these key Focus Areas:
1. Quality education
2. Bridge to Work
3. Quality Health
4. Community Infrastructures
5. Environmental stewardship
6. Sasol for Good
SASOL
INTENT
Our social investment (SI) approach is aimed at
responding to community priorities. In this way,
we deliver impactful and relevant programmes
which create shared value among various
stakeholders. This is accomplished by aligning
Sasol’s intent with the priorities of fenceline
communities, national, provincial and local
authorities within our operating geographies.
Community
Health and Service
Infrastructure
Bridge to
Work Skills
Sasol
for Good
Environment
and Biodiversity
• Early childhood
education
• Science, technology,
engineering and
mathematics (STEM)
education
• Technical education
• Tertiary education
• Access to work and
portable skills
• Technical and
vocational education
and training (TVET)
to work transition
programmes
• Quality community
healthcare
• Resilient local service
infrastructure
• Skilled volunteering,
employee giving
• Non-Governmental
Organisations (NGOs)
capacity building
• Community support
and philanthropy
• Community development
• Community awareness
and education
• Community waste
management education
• Enhancing the quality
of Education: Sasol
has contributed
R236,2 million on
improving education
outcomes, from
early childhood
development to
graduate development
and impacted over
10 million learners
over the past ten
years globally.
• Bridge to Work Skills
Development: In
the past year, over
R126,4 million was
invested to bridge the
skills gap by increasing
relevant skills for
fenceline community
beneficiaries, enhancing
employability and
portable skills for youth,
women and unemployed
people. This initiative
has reached over 437
beneficiaries.
• Improving the
community Health and
Service Infrastructure:
This year we invested
R192,3 million globally
to improve and enhance
the quality of life of our
fenceline communities
by improving access to
quality health systems
and community service
infrastructure reaching
over one million
beneficiaries.
• Employee Engagement
Through the “Sasol
for Good” programme:
We invested R21 million
in employee payroll
giving, philanthropic
and disaster relief
support. This has
assisted over 120 nonprofit organisations and
communities around our
operating geographies
in South Africa, China,
North America, Italy
and Germany.
• Environment
and Biodiversity:
This year we invested
R16,4 million for
environment awareness
and education
programmes for our
communities which
resulted in over
142 000 beneficiaries.
We promote
environmental
education programmes
to build sustainable
communities.
Economic inclusion: We support small businesses to contribute to economic growth in their operating geographies through economic transformation
and local content programmes. Over R56,1 million was invested to support small and micro enterprises/businesses in our operations a loan totalling
R102 million was advanced to businesses to enable them to do their businesses.
SASOL INTEGRATED REPORT 2024
110
