Sasol Integrated Report 2024 - Book - Page 27
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
BUSINESSES
ESG
DATA AND ASSURANCE / ADMINISTRATION
REMUNERATION REPORT
STRATEGY continued
OUR STRATEGY TO REALISE FUTURE SASOL
continued
Our strategy sets us on a clear path to deliver sustainable returns and achieve our net zero* ambition.
We will deliver this by:
achieving full potential performance from our foundation business while decarbonising
our portfolio;
driving a culture of innovation;
substantively increasing our focus on partnerships to build early credibility,
momentum, and augment our competitive advantages; and
leveraging our existing asset base and Fischer-Tropsch (FT) technology
for sustainable growth.
Our strategy is flexible in an ever-changing environment
ROBUSTNESS
We continuously stress-test our strategy against a range of
scenarios
AGILITY
We embed flexibility in our strategy to adapt to changes in the needs
of our customers and strategic environment
FORWARD-LOOKING
We monitor signposts to inform choices and the pace of delivery
CREATING AN ECOSYSTEM THAT BALANCES AGILITY AND DELIVERY
TO CREATE LONG-TERM SUSTAINABLE VALUE
Shape and
embed a culture
of innovation
Developing a strategy that aims to reinforce and innovatively
expand our business.
Deliver full potential
from foundation
business
Build new sustainable
businesses
Building our strategy on existing strengths and competitive
advantages.
STRATEGIC PRINCIPLES
Strategy to direct
portfolio shape
and inform disciplined
capital allocation
STRATEGIC APPROACH BUILT ON STRENGTHEN, GROW AND TRANSFORM
Enhancing our resilience in anticipation of a low-carbon future.
Progressing options to start delivering value in clear,
achievable steps to steadily increase our market presence.
Aiming for net zero emissions while prioritising strong
economic returns.
Drive integration
and maximise
portfolio synergies
Utilising an agile strategy process to quickly identify
and respond to threats and opportunities.
* Net zero for Sasol is to significantly reduce emissions to a point where only hard-to-abate emissions remain.
SASOL INTEGRATED REPORT 2024
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