Why this is a Material Matter
- Strengthening relationships with all our stakeholders is essential to building credibility and trust.
- Being perceived as a credible partner will contribute to effective delivery and the creation of shared value.
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Help
- Enhancing customer experience through improved systems and processes
- Partnering opportunities
- Advocacy, strengthening partnerships to support economic inclusion
- Maintain regular and transparent communication and disclosure
- Focus on Employee Value Proposition
- Government engagement on policy and regulatory matters
- Caring and engaging communities
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Hinder
- Negative perception of Sasol
- Perceived lack of transparency around employment opportunities
- Inconsistent shareholder returns
- Regulatory changes
- Pressure from competitors
- Internal capacity constraints
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| Group strategic priority: Progress grow and transform agenda | Deliver stakeholder value |
| Impact of Material Matter |
Opportunities |
Mitigation actions |
Metrics Short term Medium term Long term |
- Breakdown in relations with host government
- Volume output
- Earnings
- Loss of licence to operate
- Growth
- Sustainability
- Reputation
- Employee Value Proposition
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- Continued transparent disclosure of Sasol’s plans
- Simplifying processes and systems
- Be an employer of choice
- Clear plans setting out shift towards lower-carbon feedstocks
- Supplier relationship management
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- Customer relationship management
- Supplier relationship management
- Deliver on stakeholder commitments impacting local content
- Social investment programme
- Execution of the Reputation Management programme
- Optimally executing our just transition roadmap
- Delivery of the Employee Value Proposition
- Our Zero Harm aspiration continuously reinforced as a Group top priority
- Grow value through improved customer value proposition
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- Emerging medium enterprise opportunity implemented, and the spending incurred
- Sasol’s involvement in social issues and projects in communities
- Employee engagement surveys
- Customer, supplier and other stakeholder satisfaction engagements
- Stakeholder perception surveys and assessments
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Risk
Short and medium term - Stakeholder and reputation
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