Sasol Integrated Report 2024 - Book - Page 120
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
BUSINESSES
ESG
DATA AND ASSURANCE / ADMINISTRATION
REMUNERATION REPORT
SOCIAL – COMMUNITY continued
ECONOMIC INCLUSION
OUR COMMITMENT
OUR GROUP APPROACH
We are committed to leveraging our supply chain to advance
the transformation imperative, thereby ensuring the integration
of small, medium and micro enterprises (SMMEs) as well as
firms owned by historically disadvantaged persons (HDPs),
particularly in the areas where we operate.
We strive to deliver maximum shared value for our organisation and our stakeholders that is built on robust,
mutually beneficial relationships. This is achieved by supporting smaller businesses, through funding and
development interventions, enabling their meaningful participation within our supply chain. Furthermore,
we drive localisation and economic transformation of large enterprises in our supplier base to create more
opportunities for the integration of small businesses in our fenceline communities.
PERFORMANCE
Economic transformation
in South Africa:
• We invested R56,6 million
in development support;
• R101,8 million Funding
to 34 suppliers; and
• The Siyakha fund ended the
year with 60 loans beneficiaries
and a balance of R713,5 million
loan book.
The impact of the investment
has been demonstrated by:
Grant funding
R56,6 million
R2,1 million
SME development spend
23 beneficiaries supported
• Small medium enterprise (SME)
revenue growth of 21,3%; profit
increase of 4%; and interest
rate saving of R24,4 million.
Our Broad Based Black Economic
Empowerment (B-BBEE) spend:
• Black-owned spend:
R44 091 million; and
LOAN BOOK
PERFORMANCE
Standard loans:
Purchase order loans:
Loan book balance
Loans approved
Finance cost savings
as at June 2024
as at June 2024
as at June 2024
R696,5 million
R85,3 million
R22,1 million
R17,0 million
R55,2 million
R2,3 million
GROWTH AND
SUSTAINABILITY
44
DEVELOPMENT SUPPORT
235 100% Black-owned
• The 1 341 new jobs created;
• 2 015 jobs sustained; and
SIYAKHA FUNDING IMPACT
BUSINESS DEVELOPMENT SUPPORT IMPACT
241
small businesses
under development
number of beneficiaries
on the Post Investment
Support programme
21,3%
86%
FY23 revenue increase
valid Broad-Based Black
Economics certificates
89 100% Black
7
women-owned
supplier graduations
15
170
628
SMEs trained
during FY24
SME attended
our market access events
number of beneficiaries
on the Advisor Board/
Mentorship programme
1 341
jobs created
2 015
jobs sustained
• Black-owned women spend:
R27 188 million.
29
63%
Companies and Intellectual
Property Commission
Annual Returns
73%
valid South African
Revenue Services pins
valid insurance cover
Based on 30 FY23 and FY24
AFS received to date
118
81%
FY23 Annual
financial statements
72%
reporting only entities
SASOL INTEGRATED REPORT 2024
GOVERNANCE AND
COMPLIANCE
100%
asset verification
