Our success and the sustainability of our business depends on the support of our stakeholders. The process of protecting, creating and growing value is advanced through our relationships with key stakeholders, making it a business imperative to understand and be responsive to their needs and interests.
Sasol Khanyisa, our new black ownership scheme, will see an effective direct and indirect black ownership of at least 25% in Sasol South Africa Limited, a previously wholly-owned subsidiary of Sasol and our largest operating entity. We have emphasised our commitment to being a best-in-class employer with meritocracy-based business practices which reward our entire employee base, regardless of race, ethnicity or gender.
Extensive engagement sessions regarding our new empowerment scheme, Sasol Khanyisa, were carried out throughout South Africa with both SOLBE1 and Inzalo shareholders and employees.
Our target is to become at least a Level 4 contributor by 2020.
We have dedicated Enterprise and Supplier Development (ESD) activities that focus on business incubation, business enablement and small, medium and mirco-sized enterprises (SMMEs) funding. These contribute to local economic development and job creation in our communities. In Mozambique and Qatar we continue to support entrepreneurship drives.
Sasol Siyakha Fund’s – our SMME funding initiative, loan book has grown to R301,7 million. Since its establishment in 2008, 91 SMMEs have benefited.
Made good progress with Preferential Procurement which resulted in actual spend with black owned suppliers increasing by R5,2 billion to R12,7 billion from 2017.
20 000 contractors, mostly from our local communities, undertake work on site during shutdown.
35 job placements have been filled by locals from areas surrounding Central Processing Facility.
70% of ORYX GTL staff are Qatari nationals.
More than 72% of new employees hired to support the new Lake Charles Chemicals Project (LCCP) units are from our fence-line community.
The VOCA project in an environmental air quality compliance initiative which intends to reduce Volatile Organic Compound (VOC) emissions from our Secunda Regional Operating Hub. The project has various systems which collect the VOC vapours from a number of emission points. These VOC vapours are then incinerated in seven Regenerative Thermal Oxidisers (RTOs).
The seven Regenerative Thermal Oxidisers for the VOC Abatement project reached beneficial operation. They are vital for Sasol’s sustainability goals and will improve our environmental footprint as well as working conditions for our employees and service providers.
