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Who We Are
Overview
Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate sophisticated technologies and processes into world-scale operating facilities. We safely and sustainably source, produce and market a range of high-quality products, creating value for stakeholders.
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Our Businesses
Overview
Sasol comprises three distinct market-focused businesses, namely: Chemicals, Energy and Sasol ecoFT. Our more focused portfolio is underpinned by a transition to a lower-carbon future and our 70-year track record demonstrates we have the capabilities and competencies to deliver sustainable value in these three core businesses.
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Sustainability
Overview
Advancing chemical and energy solutions that contribute to a thriving planet, society and enterprise.
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Investor Centre
Overview
Sasol's investors consist of both equity investors (those invested in the Sasol ordinary shares or the ADRs) and lenders/debt investors (banks and institutional investors lending to Sasol or investing in its issues of debt instruments such as local bonds, offshore bonds, commercial paper issues, project finance, loans and other credit facilities and convertible instruments).
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Suppliers
Overview
Supply Chain is the custodian of all external spend for the Sasol Group. It is responsible for managing supply and demand so as to ensure cost-efficiency and maximise return on spend, while at the same time ensuring effective logistics of a range of deliverables.
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Careers
Overview
Explore existing opportunities to energise your career to the next level. Whether you are seeking a Learnership or you are Student or Graduate or Experienced Hire. Find out how you can add value to the Sasol Team.
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Media Centre
Overview
Access media releases and view latest social media updates
Sasol reiterates commitment to 2030 greenhouse gas reduction target
Sasol reiterates commitment to 2030 greenhouse gas reduction target
Sasol reiterates commitment to 2030 greenhouse gas reduction target
Today, Just Share published a brief based on its assessment of Sasol’s 2023 climate change disclosure. In recent months, Sasol has had several engagements across a broad range of stakeholders, including Just Share, and several sustainability disclosures related to climate change that affirmed our position. In all engagements and correspondence, Sasol has maintained our commitment to our 30% greenhouse gas (GHG) reduction target and decarbonisation levers, while advancing progress against this commitment with tangible initiatives.
To date, Sasol has exceeded its 2026 renewable energy commitment, signing >600MW of renewable energy power purchase agreements (PPAs). These commitments are linked to our executive remuneration incentives. In addition, we have progressed energy and process efficiency improvements on our South African sites and have reduced total Sasol group GHG emissions by approximately 5% to date, off a 2017 baseline.
Sasol also committed to short term targets, which are clearly outlined in all our Climate Change reports. These include a 5% reduction of greenhouse gases (GHG’s) by 2026 for the Energy Business in SA. In FY23, the Energy business achieved approximately a 4% reduction relative to 2017 (contributing towards the total Sasol group reduction).
Sasol, as a responsible corporate citizen committed to transparent disclosures based on the TCFD (Task Force for Climate-Related Financial Disclosures) is required to disclose potential risks and opportunities related to our energy transition. In this regard, we have disclosed the key risks, outside of our locus of control, that may impact our transition journey, including a stable and reliability electricity grid, renewable energy grid allocation by the South African Government, delays in regulatory approvals for renewable projects, macro-economic and pricing of LNG, amongst others.
It is misdirected to view disclosure of these risk factors as Sasol conceding to not meeting targets. It is consequently also misleading to report it as such. We remain committed to our reduction targets and are progressing all reasonable available avenues to unlock related barriers in this regard.
Lastly, we reiterate that Sasol has not changed its emission reduction target, associated levers or strategy. In 2023, we have provided clarity on the affordability of LNG to supplement production while we decarbonise. Notwithstanding, LNG is not required to meet the 2030 targets. Key levers remain renewable energy integration, coal reduction through boiler turndown and energy/process efficiency improvements.