Sasol Integrated Report 2024 - Book - Page 41
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
BUSINESSES
ESG
REMUNERATION REPORT
DATA AND ASSURANCE / ADMINISTRATION
STAKEHOLDERS’ ISSUES continued
PLANET
STAKEHOLDERS
GROUP TOP RISK
STAKEHOLDERS’ SIGNIFICANT ISSUES
MATERIAL MATTERS
MAIN ISSUES
DECARBONISATION
• Sasol’s decarbonisation approach balanced with acceptable returns
• Delivering on decarbonisation targets and our ambition
• Progressing national incentives including low-carbon incentives
• Sustainability
and transition
RENEWABLES
• Collaboration with Eskom to mitigate risk regarding grid allocation and capacity
• Sustainability
• Sustainability
and transition
and transition
Safety of
our people
PROFIT
OPERATIONS
•
•
•
•
•
Coal quality and mining productivity
Initiating agile line-led delivery
Delivering Sasol 2.0 targets to drive resilience and adequate return on invested capital
Global operational stability – reducing the frequency of unplanned incidents
Ramp-up of United States’ chemicals operations
• Safety and
operational
• Financial
• Capital
investment
• Sustainability
and transition
Transforming
for resilience
CAPITAL ALLOCATION/BALANCE SHEET/INVESTMENT ATTRACTIVENESS
• Financial
• Capital
investment
• Market
Sustainably
decarbonising
for Future Sasol
• Advancing efforts to source additional gas supply
• Affordability of feedstock (eg liquified natural gas) and impact on value chain
• Executing current projects in Mozambique to optimise gas supply
• Market
• Financial
• Legal, regulatory
and governance
Environmental
stewardship
• Developing and growing partnerships and collaboration to promote a sustainable economy in Southern Africa
• New growth opportunities
• Establishing a mindset of continuous improvement and innovation to position Future Sasol – including internal
and external product innovation
• Sustainability
and transition
• Capital
investment
• Market
MAIN ISSUES
•
•
•
•
•
Maximising the full potential of all assets to generate free cash flow
Enhancing margins in the International Chemicals business to service US dollar debt
Maintaining strict adherence to the capital allocation framework, ensuring sustainable and competitive returns
Reviewing asset portfolio to ensure strategic alignment and optimal returns continuously
Positioning the Company to capitalise on future value opportunities
GAS SUPPLY
GROWTH AND INNOVATION
REGULATORY
• Supply chain non-compliance with legal and regulatory requirements, including but not limited to anti-bribery
and corruption sanctions, and Broad-Based Black Economic Empowerment legislation
• Potential impact of carbon tax and allowances
• Bolstering corporate governance
• Ongoing litigation around NERSA gas price determination perpetuates regulatory uncertainty
SASOL INTEGRATED REPORT 2024
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• Legal, regulatory
and governance
Strengthening
relationships
with
stakeholders
and regulators
