Sasol Limited Sustainability Report 2021 - Book - Page 4
About this report
Our material matters have the potential to impact, both positively and negatively, our value creation in the short, medium
and long term. They are derived from considering inputs from our stakeholders and our enterprise risk management
process. They directly influence the development of our strategy underpinned by our approach to People, Planet and Profit.
The manner in which we manage our material matters could support or hinder our ability to execute our strategy and
MM Our material matters
We adopt an integrated approach to reporting in order to better inform our stakeholders of the issues that affect our
ability to preserve and create value, and limit cases of value erosion over the short, medium and long term. These also
affect our ability to deliver Future Sasol.
In this report, we reflect on Sasol’s performance and progress in terms of People, Planet and Profit within our four
sustainability focus areas. We also provide an update on information reported in our 2020 Sustainability Report.
Our archived reports are available at www.sasol.com.
Through our sustainability reporting we seek to facilitate inclusive and meaningful dialogue and partnership with our
stakeholders. We engage regularly with a broad stakeholder base on issues of significant interest or impact, including
our performance, decisions and activities in relation to ESG matters.
Reporting boundary and scope
This Sustainability Report is for the period 1 July 2020 to
30 June 2021 and covers the activities of the Sasol Energy
and Chemicals Businesses and the Corporate Centre.
We endeavour to meet our commitments by being responsive
and solutions-focused. We identify, assess and monitor
stakeholders’ expectations together with significant issues
that could have a bearing on our operations and strategy. We
also track and provide regular feedback on our commitments
and the issues that stakeholders raise.
Our report has been developed in accordance with the Global
Reporting Initiative (GRI) Standards and can be referenced
to our GRI Index. We have also applied the advanced level
reporting criteria of the United Nations (UN) Global Compact,
meeting the 21 advanced criteria.
COMMITTED TO DELIVERING SUSTAINABLE VALUE
We include data for the operations of our joint ventures
in which we have significant management influence
or operational control. We do not include quantitative
performance data for those operations in which we do not
have operational control, joint control or in which we do not
We apply the principle of materiality to identify issues,
opportunities and challenges that impact materially on Sasol
and its ability to be a sustainable business that delivers value
to shareholders and key stakeholders.
Our material matters are detailed in the Integrated Report.
We apply best in practice global reporting frameworks and
continuously evaluate the applicability of other reporting
standards. Our evaluation indicates that GRI, Task Force on
Climate -related Financial Disclosure (TCFD) and UN Global
Compact reporting criteria covers the spectrum of reporting
needs. We also respond to CDP and our submissions are
available at www.sasol.com.
We are driven to create sustainable value for all our stakeholders. Our revised strategy takes into account the six capitals,
stakeholders with whom we interact and risks and opportunities that are presented by our operating environment.
We continuously monitor the material matters that we have identified as having the potential to substantially affect
delivery of Future Sasol.
Our commitment to safety, the environment and communities shapes how we manage our business and execute our
strategy to deliver sustainable growth and accelerated shareholder returns. In this report, which is supplementary to the
Integrated Report, we share more detail on Sasol as a safe, responsible and efficient business. We explain our focus on
continuously improving the way we operate to prevent incidents and to identify, minimise or avoid adverse environmental
and social impacts, and focus on three of the six capitals.
To grow and steer our
business and operate
our facilities safely and
efficiently, we require
innovative and diverse
people with the right
skills and experience.
We focus on being an
building and retaining
critical skills and
We require natural gas,
coal and crude oil as
well as air, water, land
and energy to convert
To create an enabling
investment, we integrate
the needs of our
stakeholders into our
business and we deliver
on our commitments.
We actively engage
stakeholders to ensure we
progress on strategy and
have a multi-stakeholder
approach to solve
Sasol Sustainability Report 2021