Sasol Integrated Report 2024 - Book - Page 44
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
BUSINESSES
ESG
DATA AND ASSURANCE / ADMINISTRATION
REMUNERATION REPORT
MATERIAL MATTERS continued
TRANSFORMING FOR RESILIENCE
HELP
HINDER
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Optimal feedstock deployment
Ensuring strong cybersecurity
Restoring trust and credibility
Enhancing leadership focus to improve collaboration across more streamlined
operating model
• A strong balance sheet to fund the transition
• Delivering FY25 priorities ensuring cash flow resilience that enables Future Sasol
Why this is a Material Matter
Without a strong foundation business, that our stakeholders
have credibility in, we will not be able to transition to Future Sasol.
Group top priority
Safe, efficient and reliable operations and cash generation
Impact of Material Matter
• Financial stability
• Operational stability ensuring
optimum returns
• Earnings
• Sustainability
• Operational underperformance and delivery
• Local infrastructure, utilities and logistics negatively impacting feedstock availability,
product dispatch and customer centricity
• Market volatility, geopolitical uncertainty, and disruption
• Inability to retain current talent to stabilise core operations
• Declining cash flows
• Reputation
• Trust and credibility
We understand the steps our business must take to strengthen our core and
future resilience.
OPPORTUNITIES
• Position the organisation to be future fit
• Deliver shared value and growth
• Promote innovation
• Enhance our reputation
SHORT-TERM BUSINESS RESILIENCE AND VIABILITY
GROUP TOP RISK 1: FINANCIAL
For more detail refer to Risk management page 28.
EMPLOYEE VALUE PROPOSITION
GROUP TOP RISK 3: PEOPLE
For more detail refer to Risk management page 28.
Risk
Mitigating actions
Metrics
Short term
Medium term
Long term
• Delivering on Sasol 2.0 targets
• Attending to operational stability
• Group financial market risk management policy, processes
and frameworks (includes hedging) and environmental, social,
governance (ESG) – linked financing framework developed
• Group assumptions, budgeting, forecasting and scenario analysis
processes with Sasol 2.0 full potential initiatives
• Creating financial headroom by optimising cash flow including margin improvement
and cost containment initiatives – balance sheet management and protection,
including management of financial risk appetite and tolerance metrics
• Culture of inclusion and care is driven across all regions, with tailored communication
to address employee concerns as new issues arise
• Improving cash fixed cost
• Uplifting gross margin
• Managing working capital
• Optimising capital expenditure
• Maintaining a reasonable employee turnover rate
• Customer engagement analysis
SASOL INTEGRATED REPORT 2024
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