Integrated_Annual_Report_2026 - Flipbook - Page 190
INTRODUCTION
SASOL AT A
GLANCE
DRIVING SUSTAINABLE
VALUE CREATION
EXECUTING
STRATEGY
DELIVERING
BUSINESS VALUE
SUMMARISED FINANCIAL
PERFORMANCE
CORPORATE
GOVERNANCE
SUSTAINABILITY
REPORT
REMUNERATION
REPORT
ASSURANCE/
ADMINISTRATION
GLOSSARY AND ABBREVIATIONS
Please note
One billion is defined as one thousand million, bbl – barrel, bscf – billion standard cubic feet, mmscf – million standard cubic feet, oil references Brent crude, mmboe – million barrels oil equivalent.
ABAC
Anti bribery and corruption
CPI
Consumer Price Index
GDP
Gross domestic product
AC
Audit Committee
CPT
Corporate Performance Target
GEC
Group Executive Committee
ACC
Annual compliance confirmation
CPTs
Corporate Performance Targets
GHG
Greenhouse gas
AEL
Atmospheric emissions licence
CSRD
Corporate sustainability reporting directive
GID
Global Invest Direct Programme
AEPW
Alliance to end plastic waste
CTL
Coal-to-liquids
GM
Gross margin
AGM
Annual General Meeting
CTT
Central termica de Temane
GMR
Group material risk
AI
Artificial intelligence
CY
Calendar year
GO
Guarantee of origins
Anti-trust
Anti-corruption, sanctions and competition law
DBE
Department of Basic Education
GRI
Global Reporting Initiative
ASG
Affordable Gold Standard
DEPS
Diluted earnings per share
Group
Sasol group of companies
AUC
Assets under construction
DFFE
Department of Forestry, Fisheries and Environment
HC
Human Capital
B-BBEE
Broad-Based Black Economic Empowerment
DIROs
Dependencies, impacts, risks and opportunities
HCFCs
Hydrochlorofluorocarbons
bbl
Barrels
DISPAL
Dispersible Alumina
HDP
Historically disadvantage persons
BCM
Business continuity Management
DWS
Department of water and sanitation
HEPS
Headline earnings per share
BESS
Battery energy storage system
EBIT
Earnings before interest and tax
HFC
Hydrofluorocarbons
BHR
Business human rights
EBITDA
Earnings before interest, tax, depreciation and amortisation
HF-LAB
HF linear alkyl benzene
BMP
Biodiversity management plans
ECD
Early childhood development
HPA
Highveld priority area
Board
Board of Directors
EE
Employment equity
HSI
High-severity incident
BO
Beneficial operation
EI
Energy intensity
HSI-SR
High-severity incident – severity rate
BPA
Biomethane purchase power agreements
EMI
Environmental management inspectorate
HY
Half year
bscf
Billion standard cubic feet
EMS
Emergency medical services
IAP
Integrated advocacy plan
BT
Behaviour transformation
EnEf
Energy efficiency
IC
International chemicals
BTW
Bridge to work
EnMS
Energy management system
IC
Intellectual capital
CAIA
Chemical Allied Industry Association
eNPS
Employee net promoter score
IEA
International energy agency
CAM
Combined Assurance Model
EP100
Energy productivity 100
IFRS
International Financial Reporting Standards
capex
Capital expenditure
EPR
Extended producer responsibility
ILBI
Internationally legally binding instrument
CBMP
Carbon budget and mitigation plan
EPS
Basic earnings per share
IM
Information Management
CBMP
Carbon budget mitigation plan
ERM
Enterprise risk management
INC
Intergovernmental Negotiations Committee
CCS
Carbon capture and storage
ERMPs
Environmental reduction management plan
IPF
Integrated processing facility
CEP
Corridor empowerment project
ERP
Enterprise resource planning
IPMVP
CGS
Council for Geoscience
ERR
Emission Reduction Roadmap
International performance measurement and verification
protocol
CF2
Clean fuels specifications
ESD
Enterprise and Supplier Development
IR
Integrated Report
CFC
Cash fixed cost
ESG
Environmental, social and governance
IRIS
Integrated regulatory information system
ISCC+
International sustainability and carbon certification plus
ISSB
International sustainability standards board
IT
Information Technology
IPF
Individual performance factor
IVRS
Integrated Vaal river system
JSE
JSE Limited
JV/s
Joint venture/s
KPI/s
Key performance indicator/s
kt
Thousand tons
ktpa
Thousand tons per annum
KUEs
Key undesirable events
CFO
Chief Financial Officer
EVP
Employee Value Proposition
CGU/s
Cash generating unit/s
EVP/s
Executive Vice President/s
CMD
Capital markets day
EUR/ton
Euro per ton
CN
Cyanide
FC
Financial capital
CO2
Carbon dioxide
FCTR
Foreign currency translation gains
COD
Chemical Oxygen demand
FERs
Fires, explosions and releases
COD
Chemical oxygen demand
FER-SR
Fires, explosions and releases – severity rate
COD
Chemical oxygen demand
FT
Fischer-Tropsch
Code
Code of Conduct
FY
Financial year/full year
CPF
Central processing facility
GBF
Kunming-Montreal Global Biodiversity Framework
CPF
Central processing facilities
GBVF
Gender-based violence and femicide
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