SASOL LIMITED | Delivering |
Delivering with Purpose | |
SUSTAINABILITY REPORT | FUTURE SASOL |
for the year ended 30 June 2022
SR
INTRODUCTION | SUSTAINABILITY PERFORMANCE AGAINST OUR FOCUS AREAS | DATA AND ASSURANCE |
WHAT SUSTAINABILITY MEANS FOR SASOL
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 strive to safely and sustainably source, produce and market a range of high-quality products globally.
Our Purpose compels us to deliver on triple bottom line outcomes of People, Planet and Profit, responsibly
OUR PURPOSE | Innovating for a better world and with the intent to be a force for good. We have prioritised five Sustainable Development Goals (SDGs) to ensure our business is environmentally, socially and economically sustainable.
OUR AMBITION | Grow shared value while accelerating our transition to Net Zero | OUR SUSTAINABILITY | Advancing chemical and energy solutions that contribute | ||
STATEMENT | to a thriving planet, society and enterprise | ||||
Contributing to the United Nations (UN) SDGs and the Decade of Action
In our pursuit to contribute to the Decade of Action and our Purpose, we have additionally prioritised SDG 9. Our five prioritised SDGs are closely linked to our sustainability focus areas.. Information related to our contribution to the SDGs is indicated by the relevant SDG icon throughout this report and in the 2022 Climate Change Report CCR. By understanding our contribution to the SDGs, we not only make Sasol more robust but also demonstrate how we contribute to the Decade of Action.
People Planet
African Business Leadership Coalition (ABLC)
To strengthen collaboration and partnerships on the African continent, Sasol's President and Chief Executive Officer (CEO) accepted an invitation to join the founding group of the ABLC, thereby enhancing our contribution to sustainability.
We are committed to the Ten Principles of the UN Global Compact guiding us in our business activities.
FUTURE
SASOL
Profit
OURSUSTAINABILITY
FOCUSAREAS AND RELATEDSDGS
Safe and enduring | Minimising our | Resilience in a | Growing | |||||||
operations | environmental footprint | low-carbon future | shared value | |||||||
SDG 8: | SDG 9: | SDG 12: | ||||||||
SDG 13: | SDG 17: | |||||||||
Decent work and | Industry, innovation | Responsible consumption | ||||||||
Climate action | Partnerships for the goals | |||||||||
economic growth | and infrastructure | and production | ||||||||
Enhancing safe and enduring | Building resilient infrastructure, | Remaining committed to | Accelerating our transformational | Working to create positive and | ||||||
operations is critical to value | promoting sustainable industries | minimising our impact of our | changes through partnerships, | measurable socio-economic | ||||||
preservation and creation | and fostering innovation | operations on the environment | technology and innovation | impacts and responding to key | ||||||
in order to deliver on | societal challenges | |||||||||
our strategy |
SASOL SUSTAINABILITY REPORT 2022 1
INTRODUCTIONSUSTAINABILITY PERFORMANCE AGAINST OUR FOCUS AREASDATA AND ASSURANCE
CONTENTS | OUR SUITE OF REPORTS |
INTRODUCTION
Our suite of reports | 2 |
About this report | 3 |
Our sustainability journey | 4 |
Sustainability at a glance | 5 |
Social and ethics report of the Chairperson of the SSEC | 6 |
President and Chief Executive Officer's statement | 7 |
Prioritising SDGs | 8 |
SUSTAINABILITY PERFORMANCE
AGAINST OUR FOCUS AREAS
Performance at a glance | 9 |
Safe and enduring operations | 10 |
Occupational safety and HSI programme | 10 |
Human capital: Labour management | 12 |
Occupational health | 15 |
Human rights | 16 |
Ethics | 19 |
Process safety | 21 |
Enduring operations | 22 |
Product stewardship | 23 |
Sustainable use of plastics | 27 |
Growing shared value - Sasol in Society | 28 |
Centre for shared value management (CSVM) | 29 |
Social impact focus areas | 30 |
Community environmental programmes | 31 |
Access to quality education | 33 |
SUSTAINABILITY PERFORMANCE
AGAINST OUR FOCUS AREAS CONTINUED
Bridge-to-work: Skills development | 36 |
Economic inclusion | 38 |
Responsible sourcing and procurement | 44 |
Supporting access to quality community service | 45 |
infrastructure and healthcare systems | |
Sasol for Good - employee volunteering to uplift others | 46 |
Creating platforms for advancement and development | 47 |
Resilience in a low-carbon future | 49 |
Climate change | 49 |
Energy efficiency | 50 |
Managing our environmental footprint | 51 |
Environmental incident management | 51 |
Air quality management | 52 |
Water management | 56 |
Waste management | 60 |
Land and biodiversity | 62 |
Environmental compliance | 64 |
SHE and sustainable development (SHE&SD) data | 66 |
management and governance | |
DATA AND ASSURANCE | |
Performance data | 67 |
Independent assurance report to the directors | 75 |
of Sasol Limited | |
SDG Index | 76 |
Additional information | 77 |
IR | Integrated Report |
Concise communication on Sasol's strategy, governance, performance and outlook | |
and how these lead to the preservation and creation of value over the short, | |
medium and long term. |
SR | Sustainability Report |
Communication on Sasol's environmental, social and governance (ESG) performance. | |
CCR | Climate Change Report |
Information on Sasol's climate change risk management process, response | |
strategy and summary of work underway to address our climate change risks | |
and opportunities. | |
AFS | Annual Financial Statements |
A complete analysis of the Group's financial results, with detailed financial | |
statements, as well as the Remuneration Report and Report of the Audit Committee. | |
20-F | Form 20-F |
Our annual report filed with the United States Securities and Exchange Commission | |
(SEC), pursuant to our New York Stock Exchange listing. | |
These reports are available on our website, www.sasol.com, or on request | |
from Investor Relations. Contact details available on our website. |
Our suite of reports are informed by the following standards
Director's approval
The Safety, Social and Ethics Committee (SSEC) of the Sasol Limited Board of Directors (Board) is responsible for ensuring the integrity of Sasol's sustainability reporting. We confirm that the
2022 Sustainability Report addresses all material issues and matters related to sustainability, and fairly represents the Group's sustainability performance. The SSEC, authorised by the Board, approved this
report and its publication on 26 August 2022.
Our stakeholders
We are acutely aware of our economic, social and environmental impact and
we take into account the | e | s | s | |||
n | ||||||
issues of our stakeholders | tr | |||||
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to identify those most | b | |||||
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pertinent in helping or | e n | |||||
n d | ||||||
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i | ||||||
hindering us in delivering | a n | |||||
r | ||||||
g a | ||||||
our strategy. Refer to IR | O | |||||
for the stakeholder issues | S | |||||
informing our material matters. | ||||||
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In this report, information | u | |||||
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l | ||||||
i | ||||||
relevant to our stakeholder | e | |||||
s |
issues is indicated with the
ia d e M
ploye es a | nd |
Em | |
ganised labo | |
or | ur |
CREATING
SHARED
VALUE
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and initiatives. We have sought alignment with key reporting expectations and compliance with all relevant legal requirements.
REPORTS | ||||
The International Integrated Reporting Framework | IR | AFS | ||
South African Companies Act 71 of 2008, as amended | ||||
IR | AFS | |||
Johannesburg Stock Exchange (JSE) Listings Requirements | IR | AFS | ||
King IV™ Report on Corporate Governance for South Africa, 2016 | IR | AFS | ||
International Financial Reporting Standards (IFRS) | IR | AFS | 20-F | |
Global Reporting Initiative (GRI) Sustainability | SR | CCR | ||
Reporting Standards | ||||
Task Force on Climate-related Financial Disclosure (TCFD) | IR | SR | CCR |
Signed on behalf of the SSEC:
Muriel Dube
Chairperson of the SSEC
relevant stakeholder icon.
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nisations(NG |
UN Advanced reporting criteria and SDGs | SR | CCR | |
United States SEC rules and regulations | 20-F | ||
Sarbanes-Oxley Act of 2002 | 20-F | ||
JSE Sustainability and Climate Disclosure guidelines | IR | SR | CCR |
SASOL SUSTAINABILITY REPORT 2022 2
INTRODUCTION | SUSTAINABILITY PERFORMANCE AGAINST OUR FOCUS AREAS | DATA AND ASSURANCE |
ABOUT THIS REPORT
REPORTING APPROACH
We adopt an integrated approach to reporting in order to better inform our stakeholders of the issues that affect our ability to preserve and create value, and limit cases of value erosion over the short, medium and long term. These also affect our ability to deliver Future Sasol. Refer to IR for our integrated reporting process.
This Sustainability Report is for the period 1 July 2021 to 30 June 2022 and is supplementary to our 2022 Integrated Report. We include sustainability performance information related to our businesses.
SASOL
Sasol Energy | Sasol Chemicals | Corporate Centre |
Reporting boundary | Reporting audience | |
We include data for the operations | ||
This report intends to address the information | ||
of our joint ventures in which we have | ||
needs of our stakeholders interested in Sasol's | ||
significant management influence | ||
overall sustainability performance | ||
or operational control | ||
Committed to delivering sustainable value
Future Sasol embodies our intent to
create sustainable value for all our stakeholders. This we do through the delivery of our strategy that takes into account the six capitals, the views of our stakeholders, the risks and opportunities that are presented by our operating environment, together with the changes in our material matters.
Our sustainability focus areas shape how we manage our business and execute our strategy to deliver sustainable growth and accelerated shareholder returns.
In this report, we share detail on Sasol's sustainability performance in terms
of People and Planet within our four sustainability focus areas and specifically in relation to three of the six capitals.
HC HUMAN CAPITAL
To grow and steer our business and operate our facilities safely and efficiently, we require high- performing, innovative and diverse people with the right skills and experience. We focus on being
an inclusive organisation, building and retaining critical skills and developing our leadership capabilities.
SC SOCIAL CAPITAL
To create an enabling environment for operations and investment, we integrate the needs of our stakeholders into our business and we deliver on our commitments. We actively engage stakeholders to ensure we progress on strategy and have a multi-stakeholder approach
to solve challenges.
NC | NATURAL CAPITAL |
We use natural resources as well as renewable energy | |
in our operations and leverage our Fischer-Tropsch (FT) | |
technology to convert hydrocarbon reserves into | |
value-adding product streams. |
Reporting frameworks
Our report has been developed in accordance with the GRI Standards and can be referenced
to our GRI Index. We have also applied the advanced level reporting criteria of the UN Global Compact,
meeting the 21 advanced criteria. We have considered in our disclosures the JSE Sustainability
and Climate Disclosure Guidance and have applied the recommendations from the TCFD.
Refer to the previous page for the applicable reporting standards and framework for our suite of reports.
Report integrity
The SSEC of the Sasol Limited Board is responsible for ensuring the integrity of Sasol's sustainability reporting. Refer to previous page for our Directors' approval of this report.
Ten Principles of the UN Global Compact
Sasol signed up to the UN Global Compact in 2001 and we have committed to uphold its Ten Principles. We use these principles in developing and growing a sustainable business for the future. Every year,
we report to our Group Executive Committee (GEC) and the SSEC on our progress in applying the Ten Principles. We have incorporated this information into this report as indicated by the applicable Ten Principles icon.
Several Sasol policies and procedures have been | ||
HUMAN RIGHTS | developed and implemented in keeping with our | |
commitment to the Ten Principles of the UN Global Compact. | ||
• | Principles 1 and 2 | These include but are not limited to Sasol's: |
Material matters
Our material matters have the potential to help or hinder the execution of our strategy thereby impacting our ability to create value in the short, medium and long term. They are derived from considering inputs from our stakeholders and our enterprise risk management process. The manner in which we manage our material matters directly influences our ability to become sustainable which is underpinned by
the People, Planet and Profit approach. Content that addresses the information requirements of our stakeholders that are linked to our material matters are identified throughout this report by the relevant material matters icon. For more detail on our approach to determining our material matters refer to IR .
OUR MATERIAL MATTERS
LABOUR
- Principles 3, 4, 5 and 6
ENVIRONMENT
- Principles 7, 8 and9
ubliclyPavailable at: www.sasol.com
- Code of Conduct
- Human Rights Policy
- Human Rights Framework
- Supplier Code of Conduct
- Security Policy
-
Safety, Health and Environment (SHE) Policy • Anti-Bribery Policy
• Gifts, Entertainment and Hospitality Policy
• Whistle Blowing Policy
Safety of | Transforming | Responsibly | Environmental | Strengthening | ||||||||||
our people | for resilience | decarbonising | stewardship | relationships with | ||||||||||
for Future Sasol | stakeholders |
ANTI-CORRUPTION
- Principle 10
The UN Ten Principles can be viewed at: www.unglobalcompact.org/what-is-gc/mission/principles
Internalpolicies and procedures:
- Supplier Industrial Relations Procedure
- Sasol Chemical's Policy on the production and use of hazardous chemicals
- One Sasol SHE Excellence Approach
- One Sasol Supply Chain Excellence Approach
- Enterprise Risk Management Framework
SASOL SUSTAINABILITY REPORT 2022 3
INTRODUCTION | SUSTAINABILITY PERFORMANCE AGAINST OUR FOCUS AREAS | DATA AND ASSURANCE |
OUR SUSTAINABILITY JOURNEY
32years of sustainability reporting
▪ First Sasol Environmentalreport | ▪ First global SHE Policyadopted | |||
▪ | Responsible Care® signatory | ▪ | SHE Centre established | |
▪ | Sasol commenced sponsorship | ▪ | Sustainable Development | |
of the Osizweni Science Centre | committed as strategic priority | |||
SR |
▪ Signatoryto UN Global Compact and | ▪ Safety included as a value | SR | |||
committed to the UN Ten Principles | ▪ | Adopted GRI and annual | |||
SR | |||||
▪ | Launched HIV/Aids Programme | sustainability reporting | |||
▪ | Adopted greenhouse gas (GHG) | ▪ | Signed the Energy Accord | ||
SR | |||||
reporting in terms of GHG protocol |
- Integrated Reporting aligned with Integrated Reporting Framework and King IVTM
- Adopted six capitals approach
- Commenced sponsorship
of Solar Challenge SR
▪ Implementedsustainable | ▪Water disclosure in CDP reporting | ▪ Endorsed UN Global Compact | ||||
development materiality process IR | ▪ Gas turbines and gas | CEO Water Mandate | ||||
▪ Approved R2 billion air emissions | engines increased | ▪ Participated voluntarily | ||||
ten-year abatement projects | own electricity generation | in Carbon Disclosure Project (CDP) | ||||
IR | ||||||
SR | ||||||
▪ | Terminated coal-to-liquids (CTL) | ▪ Commenced sponsorship | ▪ Sasol Foundation (Sasol Inzalo | |||
growth options | of women's football SR | Foundation) established |
▪ Supported the South African | ▪ IncorporatedTCFD and released | |||
Government to sign the Paris | our 1st Climate Change Report | |||
CCR | ||||
Agreement CCR | ▪ Set four sustainability focus | |||
▪ Joined EP100 SR | areas, linked to prioritised SDGs | |||
▪ Voluntarily participated in the | and organisational risk aspects | |||
SR | ||||
South African carbon budget process | ▪ Delivered fit-for-purpose wellbeing | |||
solutions for employees SR |
▪ 2030 climate change targets and 2050 Net Zero ambition approved CCR
▪ ESG ambition to be included in Dow Jones
Sustainability Index (DJSI) | IR | |||
▪ | Sasol ecoFT established | |||
IR | ||||
▪ Signatory of Operation Clean Sweep® SR | ||||
▪ | Established the Centre for Shared value | |||
Management (CSVM) | ||||
SR |
▪ Commenced Biodiversity Footprint process | SR | ||||
▪ | CEO accepted invitation as steering committee member | ||||
of the ABLC | |||||
SR | |||||
▪ | Sasolburg Operations Green Drop Certified | ||||
SR |
- Sasol Chemicals Business recognised for providing
innovative products that enable more environmentally- friendly formulations IR
- Three of our sites in Eurasia achieved International Sustainability and Carbon Certification (ISCC) PLUS certification
Support to other initiatives:
SASOL SUSTAINABILITY REPORT 2022 4
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Sasol Ltd. published this content on 31 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2022 10:30:01 UTC.