Sasol Integrated Report 2022 - Book - Page 3
INTRODUCTION | ABOUT SASOL
STRATEGIC OVERVIEW
CREATING VALUE
DELIVERING
CONTENTS
GOVERNANCE AND REWARDS
ADMINISTRATION
OUR SUITE OF REPORTS
INTRODUCTION | ABOUT SASOL
CREATING VALUE (CONTINUED)
About Sasol
1
Stakeholder issues informing our material matters
28
Our suite of reports
2
Risk management
30
Integrated thinking and related reporting
3
Managing our material matters
4
36
Sasol at a glance
About this report
5
DELIVERING
Our performance in 2022
6
Performance overview | Performance at a glance
40
Our Group structure
7
Sasol Chemicals at a glance
46
Our brand and operational presence across the world
8
Sasol Energy at a glance
49
Our distinctive value chains
9
Sasol ecoFT at a glance
53
STRATEGIC OVERVIEW
GOVERNANCE AND REWARDS
Strategic direction
10
DeliverIng our strategy over horizons
11
Chairman’s statement
12
President and Chief Executive Officer’s statement
14
Our Group Executive Committee
17
Chief Financial Officer’s statement
18
CREATING VALUE
Operating context
20
Creating value using the six capitals
23
Trade-offs
25
Engaging with stakeholders to deliver value
27
Governance | Governance at a glance
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.
56
Governance
57
Remuneration report | Remuneration at a glance
62
Remuneration report | Chairman’s letter
63
Remuneration report
65
ADMINISTRATION
Contact details
74
Forward-looking statements
74
Photography
74
Abbreviations
74
These reports are available on our website, www.sasol.com, or on
request from Investor Relations. Contact details are on page 74 of
this report.
REPORTS
Our suite of reports
are informed by the
following standards
and initiatives.
Reporting boundary for the Integrated Report
(risks, opportunities and outcomes)
Financial reporting entity (control and significant influence)
We have sought
alignment with
key reporting
expectations and
compliance with
all relevant legal
requirements.
SASOL
Subsidiaries
Joint ventures
Other investments
STAKEHOLDERS
Employees and organised labour | Shareholders and providers of capital | Customers
Governments and regulators | Communities and societies | Non-governmental organisations (NGOs)
Suppliers | Media | Organised business and industry
SASOL INTEGRATED REPORT 2022
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
Global Reporting Initiative (GRI) Sustainability Reporting Standards
SR
CCR
Task Force on Climate-related Financial Disclosure (TCFD)
IR
SR
SR
CCR
United Nations Advanced Reporting Criteria and Sustainable
Development Goals (SDGs)
United States Securities and Exchange Commission
rules and regulations
Sarbanes-Oxley Act of 2002
JSE Sustainability and Climate Disclosure Guidelines
2
20-F
CCR
20-F
20-F
IR
SR
CCR