Sasol Integrated Report 2024 - Book - Page 47
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
BUSINESSES
ESG
REMUNERATION REPORT
DATA AND ASSURANCE / ADMINISTRATION
MATERIAL MATTERS continued
STRENGTHENING RELATIONSHIPS WITH STAKEHOLDERS AND REGULATORS
HELP
HINDER
• Enhancing customer experience from aligned internal structure and improvement
in systems and processes
• Partnering opportunities
• Strengthening partnerships for economic transformation and localisation
• Maintain regular and transparent communication and disclosure
• Focus on our Human Capital talent attraction and retention strategy, diversity,
gender equality and pay parity
• Government engagement on regulatory matters
• Caring and engaging communities
•
•
•
•
Unsuccessfully addressing the negative perception of Sasol
Perceived lack of transparency around employment opportunities
Lack of clarity around key strategic matters
Uncompetitive shareholder returns
Why this is a Material Matter
Strengthening relationships with all our stakeholders is an indispensable
requirement to build credibility and trust.
Group top priority
Culture, customer value proposition; stakeholder confidence and growth agenda
Impact of Material Matter
•
•
•
•
•
•
•
•
Risk
STAKEHOLDER IMPACT
GROUP TOP RISK 4: STAKEHOLDER
For more detail refer to Risk management page 28.
Mitigating actions
• Customer relationship management
• Deliver on stakeholder commitments impacting local content
• Develop and implement our just transition roadmap
• Our Zero Harm aspiration continuously reinforced as a Group top priority
• Setting up new sustainable business ventures
• Advancing feasibility studies for emerging new value pools
• Employee engagement surveys
• Customer, supplier and other stakeholder satisfaction engagements
Metrics
Short term
Medium term
Long term
Being perceived as a credible partner will contribute to delivering shared value.
Breakdown in relations with host government
Volume output
Earnings
Loss of licence to operate
Growth
Sustainability
Reputation
Employee Value Proposition
OPPORTUNITIES
• Authentically and genuinely advance ‘caring’ in the character of our organisation
• Be an employer of choice
• Shift towards lower-carbon feedstocks
• Supplier relationship management
SASOL INTEGRATED REPORT 2024
45
