Sasol Climate Change Report 2023 - Book - Page 73
INTRODUCTION
TRANSFORMING FOR RESILIENCE
GOVERNANCE
CLIMATE ADVOCACY AND POLICY
DATA AND ASSURANCE
CA 100+ NET ZERO BENCHMARK ASSESSMENT AND SASOL9S RESPONSE
Not aligned
CA 100+ ASSESSMENT
INDICATORS AND SUB-INDICATORS
Partially aligned
Aligned
CA 100+ ASSESSMENT
2021 2022 2023 SASOL9S RESPONSE
PAGES
INDICATORS AND SUB-INDICATORS
SUB-INDICATOR 3.3 The company9s last
disclosed carbon intensity or its short-term
targeted carbon intensity target OR the
company9s expected carbon intensity
derived from its medium-term GHG
reduction target is aligned with or below
the relevant sector trajectory needed to
achieve the Paris Agreement goal of
limiting global temperature increase to
1,5°C with low or no overshoot in 2035. This
is equivalent to IPCC9s Special Report on
the 1,5°C pathway P1 or the IEA9s Net Zero
Emissions by 2050 Scenario.
1 NET ZERO GHG EMISSIONS BY 2050 (OR SOONER) AMBITION
SUB-INDICATOR 1.1 The company has set
an ambition to achieve net-zero GHG
emissions by 2050 or sooner.
Agree: We have set a 2050 net zero
ambition for Sasol Energy and Chemicals
businesses. Our net zero ambition
includes scope 3 Category 11 which
accounts for ~80% of total scope 3
emissions.
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2 LONG TERM (2036-2050) GHG REDUCTION TARGET(S)
SUB-INDICATOR 2.1 The company has set
a long-term target for reducing its GHG
emissions in the period between 2036
and 2050.
SUB-INDICATOR 2.2 The long-term (2036
to 2050) GHG reduction target covers at
least 95% of scope 1 and 2 emissions and
the most relevant scope 3 emissions
(where applicable).
SUB-INDICATOR 2.3 The last disclosed
carbon intensity, its short-term or mediumterm targeted carbon intensity or the
company9s expected carbon intensity
derived from its long-term GHG reduction
target is aligned with or below the relevant
sector trajectory needed to achieve the
Paris Agreement goal of limiting global
temperature increase to 1,5°C with low or
no overshoot in 2050. In the case of
electricity utility companies, the relevant
year of long-term alignment is 2040. This is
equivalent to IPCC9s Special Report on the
1,5°C pathway P1 or the IEA9s Net Zero
Emissions by 2050 Scenario.
Agree: Our ambition is to achieve net
zero by 2050 for Sasol Energy and
Chemicals.
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Agree: Scope 1 and 2 emissions
represent 95% of our target. Scope 3
Category 11 is the most relevant category
for Sasol representing more than 80%
of scope 3 emissions and including
Natref9s product slate.
Agree: Sasol9s 2026 milestone and 2030
targets have been set on absolute
reduction basis already. Sasol does not
have an intensity based target, nor does
it intend to set one in the future. Sasol9s
fossil-fuel-free vision, if it materialises,
will result in close to zero emissions by
2050.
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3 3 5, 41
SUB-INDICATOR 4.2 The company9s
short-term (up to 2026) GHG reduction
target covers at least 95% of its Scope 1
and 2 emissions and the most relevant
Scope 3 emissions (where applicable).
SUB-INDICATOR 4.3 The company9s last
disclosed carbon intensity OR the
company9s expected carbon intensity
derived from its short-term GHG reduction
target is aligned with or below the
trajectory for its respective sector to
achieve the Paris Agreement goal of
limiting global temperature increase to
1,5°C with low or no overshoot in 2026. This
is equivalent to IPCC9s Special Report on
the 1,5°C pathway P1 or the IEA9s Net Zero
Emissions by 2050 Scenario.
435
Agree: We have set emissionreduction targets to reduce our
absolute scope 1 and 2 emissions
by 30% by 2030. For 2030 we also
have in place a scope 3 target to
reduce Category 11 emissions by 20%.
SUB-INDICATOR 3.2 The medium-term
(2026 to 2035) GHG reduction target
covers at least 95% of scope 1 and 2
emissions and the most relevant scope 3
emissions (where applicable).
Agree: Targets cover material emissions
representing 95% of scope 1 and 2
emissions. Scope 3: Category 11
emissions is the most relevant of our
emissions and accounts for ~80% of
total scope 3 emissions.
5
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Not applicable: Sasol has set absolute
emission reduction targets to
demonstrate actual emission reductions
from our operations given the
significance of scope 1 and 2 emissions
on our footprint. We acknowledge that
our 30% emission reduction target by
2030 is not 1,5°C aligned and we utilised
different methodologies such as
absolute contraction, Climate Action
Tracker and incorporated NDC goals in
our target setting. For 2050, we set our
ambition to achieve net zero emissions
which is aligned to a 1,5°C World.
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SHORT TERM (UP TO 2025) GHG REDUCTION TARGET(S)
SUB-INDICATOR 4.1 The company has set a
short-term target for reducing its GHG
emissions in the period between 2023
and 2026.
3 MEDIUM TERM (2026 TO 2035) GHG REDUCTION TARGET(S)
SUB-INDICATOR 3.1 The company has set a
target for reducing its GHG emissions by
between 2026 and 2035 on a clearly
defined scope of emissions.
2021 2022 2023 SASOL9S RESPONSE
Agree: For the short term, we are aiming
for a 5% emission reduction in the
financial year June 2025 to July 2026 for
the Sasol Energy Business and 20%
reduction by the same time for the
Chemicals Business.
Agree: We do not have a short-term
scope 3 target, only a 2030 target.
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Not applicable: Sasol has set absolute
emission reduction targets to
demonstrate actual emission reductions
from our operations given the
significance of scope 1 and 2 emissions
on our footprint.
Short term milestone targets are aligned
with our medium term target and long
term net zero ambition.
We are not fully aligned to 1,5°C in 2030
but are for the long term.
12
DECARBONISATION STRATEGY
SUB-INDICATOR 5.1 The company has a
decarbonisation strategy to meet its long
and medium-term GHG reduction targets.
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SASOL CLIMATE CHANGE REPORT 2023
72
Disagree: Sasol has developed
emission-reduction roadmaps (scope 1, 2
and 3) for our businesses. Sasol does not
disclose each levers contribution as this
might vary depending on market
conditions and technology availability
and maturity. Post 2030, a 2050
roadmap has been developed that offers
flexibility on technology choice,
depending on availability and maturity,
tracked by signposts.
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