Sasol Report to Society 2020 - Book - Page 16
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SALIENT FEATURES –
OUR INVESTMENTS OVER FOUR YEARS
We are proud of our social investment legacy. We continue to listen to our stakeholders'
issues and concerns regarding economic transformation and localisation of procurement.
We have open and transparent communication regarding community interventions.
Our investments are specific to the needs of the country and region in which we operate
and are aligned with the national, regional and local priorities.
We invested R1,2 billion
directly into our communities
through our Social Investment
initiatives.
Economic transformation and local content
Enterprise and supplier development
Enabling economic inclusion of small businesses through our programmes
which focus on business development and preferential procurement.
Education and skills development
(R million)
We spent R49,4 billion
through preferential
procurement – R26,3 billion
with Black-owned business in
South African and Mozambique
as part of our supply chain
endeavours.
Improving the quality of education outcomes for learners
from early childhood development to tertiary education.
Increasing the pool and quality of relevant skills in
fenceline communities to increase the employability and
portable skills of the youth.
88,7
195,5
204
581,6
2017
2018
2019
2020
*The prior years reflect the investment made through our
Siyakha programme.
Preferential procurement
395
420
442,5
218,7
To meet the aspired preferential procurement and economic transformation
targets, we transformed the composition of our current supply chain by
increasing spend on Black-owned companies.
333
223,8
(R million)
48,7
44,9
38,0
2018
2019
2020
Education
Skills development
*In prior years we combined investment
in these two focus areas. This year we
separated for clarity.
(R billion)
2017
19,2
6,6
2017
Sasol in society: 2020 report
26,4
10,7
2018
Total preferential procurement
Black-owned spend
14
49,4
2019
2020