Sasol Integrated Report 2024 - Book - Page 50
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
BUSINESSES
ESG
DATA AND ASSURANCE / ADMINISTRATION
REMUNERATION REPORT
MANAGING TRADE-OFFS AND THE IMPACT ON OUR CAPITALS continued
5
CUSTOMER VALUE PROPOSITION
We need to become more customer-centric, by meeting our customers’
expectations, while unlocking value and growth for Sasol. We will do this by
competitively producing the right product for our customers, while ensuring
optimal margins.
TRADE-OFF
TRADE-OFF
4
STAKEHOLDER CONFIDENCE AND GROWTH AGENDA
We are defining a credible vision of how we will grow a sustainable Sasol,
built on proof points of delivery to regain trust and confidence among our
stakeholders. We will continue to cultivate strong relationship with our
stakeholders and partners for shared value creation
Capitals impacted
Capitals impacted
SHORT-TERM
IMPACT
SHORT-TERM
IMPACT
LONG-TERM
IMPACT
LONG-TERM
IMPACT
Less capital is available for expansionary opportunities while stabilising
the business (FT) technology, but in the long term there is potential for this
business to be cash-generative and profitable
FC
Developing and implementing capital allocation priorities that guide our
decision making processes geared towards customers‘ needs
HC
Accessing and leveraging expertise and commitment of our people with
requisite technical skills
HC
Upskilling our people through skills transfer (including through our
partnerships) and bursaries
Utilising our facilities to produce products that are geared towards
customer needs
NC
Contribute to the reduction of greenhouse gas emissions
MC
SC
IC
FC
Agnostic FT technology creates the opportunity for an extended lifetime
for the Secunda and Sasolburg facilities
Working to improve relationships with customers
Improved credibility with customers
MC
Repurpose existing Sasol facilities and their supporting infrastructure where
we have a competitive advantage
Encouraging and facilitating innovative and customer focused solutions
thinking
SC
Improving Sasol’s credibility and making us a more attractive employer
and partner with whom to collaborate
IC
By developing our proprietary technology, we continue to grow our intellectual
capital
Opportunity to create partnerships using our feedstock-agnostic FT
technology
Decrease in capital
Increase in capital
Ongoing use of capital
SASOL INTEGRATED REPORT 2024
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