Sasol Limited

Climate Impact & Sustainability Data (2010)

Total Carbon Emissions:75.8 Mt CO2e/year

Carbon Intensity:3.05 tCO2e per ton of production

Reduced greenhouse gas emissions intensity to 3.05 (tCO2e per ton of production) in 2010 from 3.24 in 2009. Spent R100 million (US$11.1 million) in 2009 on energy efficiency projects, achieving a reduction of around 760,000 tons of GHG emissions per year.
Various technological advancements in effluent recycling, cooling, pre-treatment of water for steam generation and solids handling paving the way for significantly improved zero liquid effluent discharge designs.

Commitment to integrated sustainability reporting to provide stakeholders with a balanced view of business performance.
Sasol Inzalo Foundation investment in broader skills development in South Africa.
Employee turnover rate of 5.05% in South African operations and 9.68% in international operations.

Adoption of the third King Code of Governance Principles (King III) in 2010, reflecting integrated reporting requirements.
Sasol Financing secured a US$300 million multi-currency revolving credit facility from China Construction Bank.
Upgraded SAP treasury risk management system for improved efficiencies and controls.

Medium-term Goals:

Reduce greenhouse gas emissions intensity by 15% (on the 2005 baseline) in all operations by 2020.

Increase in global GHG emissions (71.3 million tons in 2009 to 75.8 million tons in 2010), mainly due to the inclusion of Oryx GTL emissions data.
Wage negotiation process in South African operations resulted in a strike exceeding one week's duration, resulting in 6,976 employee-days lost due to industrial action.
Managing funding requirements and expansion objectives while keeping financial risks to a minimum in a volatile economic climate.

Developing more efficient production processes and investigating carbon capture and storage (CCS) solutions.
Setting targets to reduce greenhouse gas emissions intensity by 15% (on the 2005 baseline) in all operations by 2020.
Maintaining solid cash balances on a strong, deleveraged balance sheet; securing competitive funding; and adopting a progressive dividend policy.

Engaging with suppliers to understand and address their concerns and ensure adherence to safety standards.

Developing more efficient production processes and investigating carbon capture and storage (CCS) solutions.
Investing in renewable and lower-carbon energy options such as solar, biofuels and biomass, as well as nuclear, hydro and natural gas.

Frameworks Used: King III

Ranked global sector leader of the DJSI for the Oil and Gas Producers’ sector.
Achieved highest score in a GRI benchmarking review of 399 South African companies by Sustainability Services.
Ranked first for SA companies “making the greatest effort to address environmental impacts” and third for SA companies “with the best public reputation for addressing environmental issues” in an independent survey.