TOPIC SELECTION FOR THE SUSTAINABILITY FOCUS AREAS
Our Sustainability Report focuses on the key sustainability challenges the company faces and shares some of the many ways we are responding.
Each year, we follow a structured approach to selecting the report’s content and confirming its validity against the Material Matters, the Six Capitals and from identifying and understanding topics that are important to our stakeholders as well as the main business challenges which Sasol has faced during the reporting period.
This assessment considers sustainability performance against the Sasol Sustainability Framework (which we introduced to you last year) and which is informed by global agendas such as the Sustainable Development Goals. We have listed the selected focus areas and topics in the order they are set out in our Material Matters, rather than prioritising them.
MATERIAL MATTERS WHICH IMPACT ON OUR ABILITY TO CREATE VALUE
SAFETY
Safety is our top priority. It is integral to our culture. Our approach to ensuring a safe workplace for Sasol’s people and our contractors is built on a strong foundation of leadership and competency and is strengthened by clear policies and procedures. We believe zero harm is possible, through a singular focus and disciplined teamwork.
MACRO-ECONOMIC ENVIRONMENT
Sasol operates in a cyclical environment which is increasingly volatile. Oil prices and foreign exchange rates continue to be influenced by a host of factors that include geopolitics. Disruptive technologies are altering the way businesses operate.
DELIVERING VALUE-BASED GROWTH
Through our clear strategic choices, we are well positioned to remain competitive and drive sustainable, value-based growth for all. We will deliver this by driving continuous improvement, harnessing technology and talent, developing a diverse portfolio, embracing more digital solutions and better engaging our stakeholders.
HUMAN CAPITAL MANAGEMENT
Effective human capital management is critical to the execution and delivery of our strategy. By promoting diversity and cultural transformation, attracting, developing and retaining high-performing people, engaging all employees and respecting human rights we are able to operate our facilities safely, reliably and sustainably, and deliver on our growth objectives.
ENVIRONMENTAL SUSTAINABILITY
In a context in which industry is increasingly being held accountable for its impact on the environment and is under pressure to deliver greater societal value, Sasol regards its response to environmental challenges not simply as a compliance obligation but rather as a business and social imperative.
These topics determine the Sustainability Report’s content under the focus areas of:
SAFETY, SOCIAL AND ETHICS
- Promoting workplace safety
- Process safety
- Ensuring a healthy workforce
- Developing and retaining high performance people
- Social value
- Ethical behaviour
- Respecting human rights
Safeguarding and respecting people:
- our employees, service providers and neighbours are fundamental to how we do business. This includes having global standards, processes and tools in place to manage safety, our people development and how we engage with communities.
ENVIRONMENTAL AND PRODUCT SUSTAINABILITY
- Environmental compliance
- Driving sustainable air quality
- Responding to climate change and energy security challenges
- Promoting water stewardship
- Driving waste and land risk management
- Ensuring product stewardship
We aim to comply with all environmental regulations, continually improve our performance, and prepare for future challenges and opportunities.