Sasol Climate Change Report 2023 - Book - Page 12
INTRODUCTION
TRANSFORMING FOR RESILIENCE
GOVERNANCE
CLIMATE ADVOCACY AND POLICY
DATA AND ASSURANCE
MESSAGE FROM THE CHAIRPERSON OF THE CLIMATE CHANGE ADVISORY PANEL
• Sasol’s scenario analysis and the assumption
process;
• risks and opportunities;
• progress towards achieving the company’s current
and future GHG targets;
• links between executive remuneration and the
decarbonisation approach; and
The Panel exists to support the GEC
navigate a dynamic and complex path.
• relevant mitigation and adaptation options.
“It is our mission to support
the GEC by helping
Committee members
identify opportunities
in Sasol’s climatemanagement approach.”
Jason Schenker //
Chairperson
Sasol Climate Change Advisory Panel
Dear stakeholders
You are likely reading this because you take a keen interest in Sasol
and its climate change journey and, perhaps, the journey’s impact on a
particular section of society.
You are one of many stakeholders all with different
– often widely divergent – views on how Sasol should
respond to climate science, the pace and scale of its
transition, the use of gas and the urgency of the
company’s decarbonisation approach.
The Sasol Climate Change Advisory Panel was
announced at the company’s 2022 Annual General
Meeting (AGM) to do precisely that – to provide
expertise and external perspectives on the business’s
decarbonisation.
The newly constituted Panel (which I have the honour
of chairing) is tasked with ensuring that the ‘fullest
breadth of information’ is taken into account when
executives consider substantive Future Sasol
decarbonisation decisions.
All of the panellists, Gunnar Groebler, Hervé Touati,
Geralda Wildschutt and I, appreciate the unique
context in which Future Sasol is being pursued. Not
only must the Group deliver on its decarbonisation
targets, it must do so in a just manner while
delivering sustainable returns for its shareholders;
all in a global operating environment that is dynamic
and full of challenges. The Panel exists to help the
GEC navigate a dynamic and complex path, one that
will inevitably be littered with uncertainties and
difficult trade-offs. The genesis of the Panel, I
believe, reflects the commitment of Sasol’s
leadership to maintaining the company on a
sustainable path.
In this space, I wish to briefly sketch how the Panel
is working and what is expected of it.
My fellow panellists and I focus on mitigation and
adaptation, just transition, technology, finance and
business transformation. We have been directed to
strategically support the GEC with our specific focus
areas including:
We remain independent of the GEC and Sasol
management, and have already begun engaging
openly and frankly with GEC members to:
• provide an independent sounding board, initiating
debate with an outside-in view to enhance
decision-making before approvals are sought by
the GEC from the Board;
• leverage external expertise and knowledge
that offers alternative perspectives to address
challenges and opportunities or to confirm
solutions or approaches being taken; and
• identify risk-mitigation options given Sasol’s
specific circumstances and operating context.
Sasol has embarked on an important and challenging
transition trajectory but it is proceeding with
determination, the commitment of its highly skilled
leaders and the support of our Panel. My panellists
and I look forward to supporting the GEC on this
journey.
Jason Schenker
Chairman // Sasol Climate Change Advisory Panel
30 August 2023
• Sasol’s emission-reduction roadmaps and the
robustness of the Future Sasol strategy;
Lake Charles Chemicals Complex, Louisiana, United States
SASOL CLIMATE CHANGE REPORT 2023
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