Sasol Limited Climate Change Report 2021 - Book - Page 49
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DATA AND ASSURANCE
CA 100+ self-assessment
2021
CA 100+
2021
SelfAssessment
Page
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.
2, 9, 10
2. Long term (2036-2050) GHG reduction target(s)
• Our ambition is to achieve Net Zero by 2050 for Energy
and International Chemicals.
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).
• Scope 1 and 2 emission represents 95% of our emission
reduction target.
Sub-indicator 2.3 The target (or, in the absence of a
target, the company’s latest disclosed GHG emissions
intensity) is aligned with the goal of limiting global
warming to 1,5°C.
• Our ambition for Net Zero emissions by 2050 is aligned
with the goal of limiting global warming to 1,5°C.
Sub-indicator 5.2 The company’s decarbonisation
strategy includes a commitment to ‘green revenues’
from low carbon products and services.
2021
SelfAssessment
Page
• Our portfolio will shift to growth of the FT sustainable
solutions business focusing on sustainable fuels and
chemicals.
2, 10
6. Capital allocation alignment
2, 9, 10
• Scope 3 category 11 is the most relevant category for
Sasol representing more than 80% of scope 3 emissions.
2, 9, 10
• We have set emission reduction targets to reduce our
absolute scope 1 and 2 emissions by 30% by 2030 for
the Energy and International Chemicals Businesses.
2, 9, 10
• By 2030 we have 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 &
2 emissions and the most relevant scope 3 emissions
(where applicable).
• Targets cover material emissions representing 95% of
scope 1 and 2 emissions.
Sub-indicator 3.3 The target (or, in the absence of a
target, the company’s latest disclosed GHG emissions
intensity) is aligned with the goal of limiting global
warming to 1,5°C.
• Our 30% target by 2030 is a higher level of ambition,
based on available mitigation and science. Post 2030,we
are aiming for Net Zero.
2, 9, 10
• Scope 3: Category 11 emissions is the most relevant of
our emissions and covered by a separate absolute 20%
reduction target by 2030 off a 2019 baseline.
Sub-indicator 6.1 The company is working to
decarbonise its future capital expenditures.
• The targeted sustainability capital expenditure for the
Energy Business has been set at 10-15% by 2030, growing
post 2030.
Sub-indicator 6.2 The company discloses the
methodology used to determine the Paris alignment of
its future capital expenditures.
• Our capital allocation framework is provided with key
guiding principles progressively growing capital available
for transforming the businesses.
• For the short term we are aiming for 5% emission
reduction in the financial year June 2025 to July 2026
for the Energy Business and 20% reduction by the same
time for the International Chemicals Business.
Sub-indicator 4.2 The short-term (up to 2025) GHG
reduction target covers at least 95% of scope 1 and
2 emissions and the most relevant scope 3 emissions
(where applicable).
• Targets cover material emissions representing 95% of
scope 1 and 2 emissions.
Sub-indicator 4.3 The target (or, in the absence of a
target, the company’s latest disclosed GHG emissions
intensity) is aligned with the goal of limiting global
warming to 1,5°C.
• Short term milestone targets are aligned with our
medium term target and long term Net Zero ambition.
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Sub-indicator 7.1 The company has a Paris-Agreementaligned climate lobbying position and all of its direct
lobbying activities are aligned with this.
• Our climate advocacy position is outlined in this report with
our main guiding principles.
Sub-indicator 7.2 The company has Paris-Agreementaligned lobbying expectations for its trade
associations, and it discloses its trade association
memberships.
• Sasol has a climate advocacy policy position with key
principles outlined. Our advocacy is aligned to our roadmaps
and targets also cognisant of national circumstances where
we operate.
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Sub-indicator 7.3 The company has a process to ensure
its trade associations lobby in accordance with the
Paris Agreement.
• Sasol has climate-related advocacy positions in support of
the Paris Agreement, underpinned by responsible climaterelated principles. We use these to annually assess our
associations for alignment.
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38, 43
• Our climate advocacy positions, and policy is included in
support of the Paris Agreement.
8. Climate Governance
2, 9, 10
Sub-indicator 8.1 The company’s board has clear
oversight of climate change.
• We are not fully aligned to 1,5°C in 2030 but are for the
long term.
Sub-indicator 4.1 The company has set a target for
reducing its GHG emissions up to 2025 on a clearly
defined scope of emissions.
10, 23
7. Climate policy engagement
• The Board has ultimate accountability for climate change.
• Ms Muriel Dube is our climate champion on the Board with
delegated responsibility.
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• The Board's SSEC has a delegated mandate to address
climate change matters for the company.
4. Short term (up to 2025) GHG reduction target(s)
2, 9, 10
2, 9, 10
• We do not have a short-term scope 3 target, only a
2030 target.
Sub-indicator 8.2 The company’s executive
remuneration scheme incorporates climate change
performance elements.
• Our climate change targets are included in executive
remuneration schemes.
Sub-indicator 8.3 The Board has sufficient capabilities/
competencies to assess and manage climate related
risks and opportunities.
• We appointed a climate champion to the Board in 2018.
She chairs the SSEC which has a delegated mandate on
climate change matters.
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• They are linked to our STI and LTI scorecards.
• Our Board members undergo regular training on climate
change and wider sustainability matters regularly.
6,36
9. Just transition
10, 14
• We are not fully aligned to 1,5°C in 2030 but are for the
long term.
Not Assessed.
10. TCFD alignment
Sub-indicator 10.1 The company has committed to
implement the recommendations of the TCFD.
5. Decarbonisation strategy
Sub-indicator 5.1 The company has a decarbonisation
strategy to meet its long and medium-term GHG
reduction targets.
2021
CA 100+
• We have set targets for % renewable energy usage and have
set a sustainability capex target but no metrics have as yet
been set for green revenues.
2, 9, 10
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.
Our Response
5. Decarbonisation strategy (continued)
• We have set a 2050 Net Zero ambition for our Energy and
International Chemical Businesses.
Sub-indicator 2.1 The company has set a target for
reducing its GHG emissions by between 2036 and
2050 on a clearly defined scope of emissions.
Indicators and sub-indicators
Not
Assessed.
Our Response
Not
Assessed.
Indicators and sub-indicators
• Sasol has progressively been implementing TCFD
recommendations since 2018.
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• This is our third year of reporting.
• Emission reductions(scope 1, 2 and 3) and roadmaps
for 2030 and 2050 for our Energy Business and
International Chemicals Business has been provided, as
well as our Future Sasol strategy.
14-15,
21
• Reduction levers are detailed on the roadmap and GHG
that are covered. We have clear plans to 2030 based on
known technologies. Post 2030 for the Energy Business,
a flexible roadmap has been developed, which are
dependent on signposts materialising.
Sub-indicator 10.2 The company employs climatescenario planning to test its strategic and operational
resilience.
1. Review done last year, and will conducted every 3 years unless material changes occur
• Our scenario analysis includes the accelerated ambition
pathway, which is aligned with the 1,5°C scenario.
Not aligned
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Sasol Climate Change Report 2021
24-25
• In 2021, we updated our scenarios to provide for more
challenging parameters, to establish the robustness of our
businesses.
Partially aligned
Aligned