Sasol Limited Climate Change Report 2021 - Book - Page 50
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DATA AND ASSURANCE
TCFD index
Additional information
Location of our aligned disclosures
Under our commitment to Paris Agreement and SDG 13: Climate Action is an immediate priority and the work that
we do is subject to independent review. Recognitions, participation in indexes, initiatives and commitments are
included below.
TCFD recommendation
Place of disclosure
Page
GOVERNANCE – Disclose the organisation’s governance on climate-related risks and opportunities
a) Describe the Board’s oversight of climate-related risks and
opportunities.
Governance
A solid governance instilling confidence
IR
36
31–36
b) Describe management’s role in assessing and managing climaterelated risks and opportunities.
Governance
A solid governance instilling confidence
IR
36
31–36
Support to global and national initiatives:
STRATEGY – Disclose the actual and potential impacts of climate-related risks and opportunities on the organisation’s business,
strategy and financial planning where such information is material
a) Describe the climate-related risks and opportunities the
organisation has identified over the short, medium and long
term.
Risk management
Strategically managing our Group top risks
b) Describe the impact of climate-related risks and opportunities
on the organisation’s business, strategy and financial planning.
Risk management
Managing the transition within
our corporate portfolio
Capital allocation
Robustness of our strategy
Incentivising climate change action
Strategically managing our Group top risks
10
23
24-25
37
24-26
Robustness of our strategy
24-25
c) Describe the resilience of the organisation’s strategy, taking into
consideration different climate-related scenarios, including a 2°C
or lower scenario.
IR
44
24-26
44
RISK MANAGEMENT – Disclose how the organisation identifies, assesses and manages climate-related risks
a) Describe the organisation’s processes for identifying and
assessing climate-related risks.
b) Describe the organisation’s processes for managing climaterelated risks.
c) Describe how processes for identifying, assessing and managing
climate-related risks are integrated into the organisation’s
overall risk management.
Risk management
Strategically managing our Group top risks
IR
44
24-26
Risk management
Strategically managing our Group top risks
IR
44
24-26
Risk management
Strategically managing our Group top risks
IR
44
24-26
METRICS AND TARGETS – Disclose the metrics and targets used to assess and manage relevant climate-related risks and
opportunities where such information is material
a) Disclose the metrics used by the organisation to assess climaterelated risks and opportunities in line with its strategy and risk
management process.
Managing the transition within
our corporate portfolio
Performance Data: Natural Capital
10
SR
55 -56
45
4
SR
55 -56
45
4
5
30
The year in review
b) Disclose scope 1, scope 2 and, if appropriate, scope 3 GHG
emission and the related risks.
c) Describe the targets used by the organisation to manage
climate-related risks and opportunities and performance
against targets.
Performance Data: Natural Capital
®
The year in review
Deep dive: Our 2021 GHG performance
Scope 3
Our targets and approach at a glance
The year in review
Main GHG reduction milestones, targets and
ambitions
Managing the transition within
our corporate portfolio
Our 2030 roadmap
Our 2050 roadmap
Our 2030 roadmaps
Incentivising climate change action
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9
10
14
15
21
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Forward-looking statements disclaimer
Sasol may, in this document, make certain statements that relate to analyses and other information which are based on forecasts of future
results (related to the future rather than past events and facts) and estimates of amounts not yet determinable. These statements may also
relate to our future prospects, expectations, developments, analysis of potentially applicable regulations (national and regional) and business
strategies specifically related to climate change, sustainability, ESG matters and GHGs. Examples of such forward-looking statements include,
but are not limited to, statements regarding our climate change strategy generally, “Future Sasol”, our energy efficiency improvement target,
our three-pillar emission-reduction framework, our absolute GHG emission-reduction target, our development of sustainability within our
Energy and Chemicals Businesses and our estimated carbon tax liability. Words such as “aim”, “estimate”, “believe”, “anticipate”, “expect”,
“intend”, “seek”, “will”, “plan”, “could”, “may”, “endeavour”, “target”, “forecast”, “committed”, “project” and similar expressions are intended
to identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forwardlooking statements involve inherent risks and uncertainties, both general and specific and there are risks that the predictions, calculations,
forecasts, projections and other forward-looking statements will not be achieved. Therefore, you should not place undue reliance on any
forward-looking statements. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results
may differ materially from those anticipated. You should understand that a number of important factors could cause actual results to differ
materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. Important factors
that could cause actual results to differ materially from those in the forward-looking statements specifically related to this Climate Change
Report include, but are not limited to, changing regulatory requirements, technology advances, interpretations and definitions of renewable
energy and/or renewable energy sources, economic and political environments relating to climate change, sustainability, severe weather,
ESG and/or GHGs in the countries in which Sasol operates; potential liability of the Sasol’s operations under existing or future environmental
regulations, including international climate change related agreements regarding GHGs calculations, reduction methods, and/or offsets and
the nascent and continued development of Sasol’s Climate Change Report, including the metrics and assumptions used by management in
the preparation of this report. These factors and others are discussed more fully under the heading “Risk Factors” in our most recent annual
report on Form 20-F filed on or about 20 September 2021 and in other filings we make with the SEC. The list of factors discussed therein is not
exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and
other uncertainties and events. Forward-looking statements apply only as of the date on which they are made and we do not undertake any
obligation to update or revise any of them, whether as a result of new information, future events or otherwise.
Photography disclaimer
Photographs used in this report have been sourced from our photographic library and many were taken before the COVID-19 outbreak.
Some of these photographs do not reflect the social distancing and protocols approved by the World Health Organisation (WHO) such as
wearing of masks in public places and social distancing. All initiatives and related photographs done during the pandemic were carried out in
line with country-specific requirements.
Sasol contacts
Postal and electronic addresses
and telecommunication numbers
Private Bag X10014
Sandton 2146
Republic of South Africa
Telephone: +27 (0) 10 344 5000
Website: www.sasol.com
Business address and registered office
Sasol Place
50 Katherine Street
Sandton 2196
Republic of South Africa
Sasol Climate Change Report 2021
Company registration number
1979/003231/06
Sustainability and Risk
Email: sustainability&risk@sasol.com