Sasol Report to Society 2020 - Book - Page 40
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The year in review: global impact continued
Skills development
Improving labour market
prospects for youth through
skills development
Skills development plays a pivotal role in creating sustainable
livelihoods and driving both formal and informal economies
globally. However, the COVID-19 pandemic presented an
unprecedented challenge for the skills development systems
in the world economy forcing a rethink of skills that will be
required for economies in the immediate and near future, as
well as how these will be accessed by the youth.
Over 55 000 youth
benefitted from our skills development
programmes globally. These initiatives
assisted with employability and
business development skills that enable
them to be self-sufficient and active
contributors to the economy.
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Sasol in society: 2020 report
Enabling youth employment
Considering the nature, location and scale of our
activities, we recognise our role in contributing to
the improvement of labour market prospects for the
youth. We understand that to create real and lasting
value, a focused effort is needed to improve the
standard of training and offer programmes that lead
to enhanced economic opportunities in our
fenceline communities.
We offer targeted interventions that provide youth
with core skills such as technical, vocational and
work readiness training to enable the youth to be
self- sustainable and become positive contributors
to local and national economies. In addition, we
prioritise development interventions that are linked
to local community value chain services such as
plumbing, electrification and tiling.
