Sasol Limited Integrated Report 2021 - Book - Page 12
President and Chief Executive Officer’s statement (CONTINUED)
Future Sasol 2050
Our future ambition is to be at Net Zero emissions by 2050 and we are
committed to accelerating our transition to a low-carbon world in support
of the objectives of the Paris Agreement.
In aligning with this 2050 ambition, we are stepping-up our 2030,
scope 1 and 2 GHG emission reduction target, from an initial 10% for
our South African operations, announced last year, to 30% for our Energy and
Chemicals Businesses, off a 2017 baseline. We are also introducing a scope
3 reduction target, for our Energy Business, off a 2019 baseline. This is
consistent with what our peers have committed to.
Aviation fuels at 25% – 50% SAF blends, with
significant contribution from FT-PtX facilities.
Sasol is the global FT technology leader
Leads the early adoption of Green H2 in South Africa –
using H2 as transport fuels. Leading green ammonia
We will leverage our expertise in FT technology to participate in new value
pools. Our FT process is well suited to delivering low-carbon fuels playing
an important role in decarbonising hard-to-abate sectors.
By 2050 and beyond, we envision Future Sasol to be:
• leading the green hydrogen economy in Southern Africa by being the main
producer and distributor locally as well as a key exporter of green ammonia
for international markets;
• the global reference for FT-based PtX technologies; and
• winning in sustainable fuels in South Africa (retrofitting Secunda) and
internationally (setting up new FT-PtX assets) as well as with chemicals
where we will have a unique portfolio of decarbonised products
(FT-PtC assets) and other sustainable solutions (eg leveraging Ziegler
alcohols, Alumina and Guerbet alcohols).
We benefit from advantaged assets and a strong culture of innovation,
co-developing customised products and solutions that meet the needs
of our customers – which we will reinforce to win in the future.
Future Sasol must not only look different, it must feel different.
With our Purpose to guide us, our values must reflect our culture
and new ways of working.
Delivering differentiated mobility
and convenience solutions
Operating close to ‘zero fossil fuels’ FT facilities
with Green H2, carbon from DAC as feedstocks and
The can-do spirit of Team Sasol
I pay tribute to every member of Team Sasol. Their extraordinary commitment
and hard work have helped our organisation navigate its most challenging
period in recent history.
The past two years have been particularly tough. Not only have our people
been dealing with the impacts of COVID-19, they have also faced the
uncertainty of a workforce transition. Although this has brought great
anxiety, our people have demonstrated resilience. Many also contributed
through a salary and pension contribution sacrifice and by not receiving
any annual increments last year, as well as working extraordinarily long hours.
This has not gone unnoticed.
In South Africa, we recently launched an employee entrepreneur development
programme, called Ntsika*. This programme, which forms part of our
employee value proposition, extends our care offerings by assisting
unplaced South African-based employees, including those who have recently
left Sasol, to pursue potential entrepreneurship opportunities. I am most
heartened, that even in these challenging times, we could offer relief
measures, such as Ntsika which, in time, will deliver shared value.
As a demonstration of care for our people, and recognition of ongoing
sterling efforts to deliver against all Sasol 2.0 targets, in the latter half
of FY21 we implemented a special salary adjustment. This was for all
employees below Vice President level.
Future Sasol now lies ahead of us and it requires us to continue building trust
and creating shared value with our stakeholders.
A reinvented product portfolio,
co-developed with customers
Producing a unique portfolio of sustainable
chemicals through our global FT-based facilities
or more detail refer to our Sustainability Report specifically on Ntsika*
available on our website, www.sasol.com
Sasol Integrated Report 2021
SAF – Sustainable Aviation Fuel
DAC – direct air capture
PtC – power-to-chemicals
PtL – power-to-liquids