Integrated_Annual_Report_2026 - Flipbook - Page 39
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
OPERATING CONTEXT CONTINUED
LEGAL, REGULATORY
AND GOVERNANCE
DRIVER
Revised policy and regulatory stipulations
Sasol operates in a highly regulated environment and shifts in policies can impact its earnings. Adherence to compliance is imperative as a licence
to operate, and we adhere to local requirements and best practice. The carbon tax framework in South Africa up to 2030 provides some level of
certainty, while the potential impact of Carbon Border Adjustment Mechanism and carbon tax framework beyond 2030 remains uncertain.
Sasol engages with the relevant regulatory agencies to provide commentary on proposed policy and regulatory amendments. In addition, tariffs and
trade uncertainties could also impact business.
Cybersecurity
Sasol’s information security approach supports business continuity and the long-term success and sustainability of the company. Sasol prioritises
the security and integrity of its digital infrastructure, applies best-practice measures across its digital estate, and remains committed to protecting its
systems and data from threats such as theft, damage, cybercrime, and security breaches.
OPERATIONAL
Feedstock availability/cost
DRIVER
Geopolitical conflicts combined with South Africa-specific factors, including weak transport and logistics infrastructure, crime, and socio-political
challenges, contributed to a volatile and difficult-to-predict operating environment. These global macroeconomic conditions added to pressure on the
US dollar, which contributed to a strengthening trend in the rand exchange rate.
Volume output
Production volumes remain a key lever for profitability and value creation. Strengthening operational reliability, enhancing adaptation to environmental
impacts, managing supply constraints, and optimising the integrated value chain are critical to sustaining output performance and enhancing
resilience over time.
Retention of scarce and critical skills
Retaining the skills of Sasol’s values-driven employees is imperative for the current and future business.
PEOPLE
DRIVER
The global skills shortage and resulting competition are a growing challenge, considering the global energy transition. Financial pressures are among
the challenges that could hamper efforts for fit-for-purpose skills development.
Sasol’s efforts to foster a culture of inclusion and belonging, together with its competitive remuneration, learning and growth opportunities and overall
Employee Value Proposition, help to mitigate this challenge.
Safety
Safety remains a core value and integral to how we operate, make decisions and create sustainable value. Commitment to provide a safe working
environment and ensuring all people go home from work safely everyday is fundamental.
Sasol continues to reinforce leadership accountability and culture initiatives that supports Zero Harm ambition.
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