Integrated_Annual_Report_2026 - Flipbook - Page 191
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 CONTINUED
LAB
Linear alkyl benzene
NYSE
New York Stock Exchange
SC
Social capital
LBIT
Loss before interest and tax
OE
Operational excellence
SD
Sustainable development
LCA
Life cycle assessment
OMEs
Operating model entities
SDG/s
Sustainable Development Goal/s
LCCC
Lake Charles Chemicals Complex
Op&P
Operations and projects
SEC
Securities and Exchange Commission
LCUF
Low carbon utilities and fuels
OPs/Rps
Operating Platforms and Regional Platforms
SEIP
Socio-economic industrial projects
LDA
Local development agreements
ORA
Operations Rhythm and Assurance
SGEPP
Sasol gas engine power plant
LEAP
Leadership experience acceleration programme
OSSEA
One Sasol SHE excellence approach
SHE
Safety, health and environment
LIP JV
Louisiana Integrated Polyethylene Joint venture
OT
Operational Technology
SLES
Sodium lauryl ether sulfates
LLM
Large language models
PA
Per annum
SME
Small and medium enterprises
LNG
Liquefied natural gas
PCF
Product carbon footprint
SNO
Sasolburg Natref Operations
LTI/s
Long-term incentive/s
PCR
Post-consumer recyclate
SO
Secunda Operations
LTIP
Long-term incentive plan
PDRI
Plan, Do, Review and Improve
SO2
Sulphur dioxide
LWDCR
Lost workday case rate
PE
Polyethylene
SOB
State of biodiversity
M&A
Merger and acquisition
PEG
Polyethylene glycols
SOC
Security operations centre
MC
Manufactured capital
PKO
Palm kernel oil
SOX
Sulphur oxides
MEG
Monoethylene glycol
PM
Particulate matter
SPL
Single point licensor
MITA
Mechanical integrity technical authority
PPA
Power purchase agreement
SQAS
Safety and quality assessment system
MM
Material matters
PSA
Production Sharing Agreement
SRU
Sulphur recovery unit
m3/h
Cubic metre per hour
PSM
Process safety management
SSEC
Safety Social and Ethics Committee
mm bbl
Million barrels
PT5-C
Pande-Temane area
STEM
Science, technology, engineering and mathematics
mmboe
Million barrels oil equivalent
PTSC
Polymer technology services centre
STI/s
Short-term incentive/s
m bbl
Thousand barrels
PV
Photovoltaic
SuPM
SAP sustainability performance management
mm tons
Million tons
PwD
People with disabilities
SV
Shared value
mmscf
Million standard cubic feet
Rb
Rand billions
t/cm/s
Tons per continuous miner per shift
mm3
Million cubic metres
RCF
Revolving credit facility
TGP
Total guaranteed package
MOI
Memorandum of Incorporation
RCR
Recordable case rate
The Companies Act
Companies Act 71 of 2008
MOU
Memorandum of Understanding
RD
Renewable diesel
the Policy
Remuneration policy
MRG
Methane-rich gas
RE
Renewable energy
TSR
Total shareholder return
MSR
Minimum Shareholding Requirement
REACH
TSS
Total suspended solids
MTBF
Mean time between failures
Registration, evaluation, authorization and restrictions of
chemicals
TVET
Technical and vocational education and training
MTTR
Mean time to repair
UEM
Eduardo Mondlane University
MW
Megawatt
UNGC
United Nations Global Compact
N2O
Nitrous oxide
UNGP
United Nations Guiding Principles on Business Human Rights
Natref
National petroleum refiners of South Africa (Pty) LTD
US
United States of America
NC
Natural capital
US$/ton
US dollar per ton
NDC
Nationally determined contribution
UN
United Nations
NDC
Nationally determined contribution
UNGP
United Nations Guiding Principles on Business Human Rights
NED
Non-Executive Director
UN SDG/s
United Nations Sustainable Development Goal/s
NEMWA
National environmental management waste act
R/ton
Rand per ton
VAT
Value added tax
NGC
Nomination and Governance Committee
R/US$
Rand/US dollar currency
VPPA
Virtual power purchase agreement
NGOs
Non-governmental organisations
WACC
Weighted average cost of capital
NLPs
Natural language processors
WCO
World class operations
NOX
Nitrous oxides
WML
Water management license
NPAT
Net profit after tax
WUL
Water use license
NPS
Net promoter score
ZAR
South African Rand
NQF
National qualifications framework
NRR
New reporting requirements
REC
Renewable energy certificates
RFP
Request for proposal
Rm
Rand millions
ROAS
Regional operations and asset services
ROIC
Return on invested capital
ROMPCO
Republic of Mozambique Pipeline Investment Company (Pty)
Ltd
RSPO
Roundtable on sustainable palm oil
rTSR
Relative total shareholder return
RWO%
Recycled water offset percentage
SA
South Africa
SAF
Sustainable aviation fuel
SAFA
South African football association
SARS
South African Revenue Services
SBTi
Science-based target initiative
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