Integrated_Annual_Report_2026 - Flipbook - Page 65
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
GROW AND TRANSFORM CONTINUED
Business building continued
Advancing sustainable feedstock
FC
and products from proof to execution
IC
SUSTAINABLE
FEEDSTOCKS
TECHNOLOGY AND ASSETS
CUSTOMERS
Over the past year, Sasol advanced sustainable feedstocks
and products from concept to early commercial execution
through a disciplined, capital-light strategy aligned with
market and customer needs.
Its sustainable value chain uses proprietary technology and
existing assets to convert diverse feedstocks into certified
lower-carbon fuels and products, linking feedstock security,
asset capability, and commercialisation to support efficient
capital use, execution readiness, and scalable operations.
Sasol secured internationally recognised sustainability
certification from TÜV SÜD for priority pathways,
including Natref and selected Secunda-derived value
chains, enabling it to market RD and SAF through existing
infrastructure and reinforcing its position as Africa’s first
refinery with this certification.
It also demonstrated commercial-scale RD and SAF
production from used cooking oil in South Africa, validating
operability and scale-up potential without major capital
investment. Customer and partner engagement, ISCC+
certification, and successful output keep Sasol on track to
meet its CMD RD and SAF commitments.
During the year, Sasol and Topsoe reviewed their
sustainable aviation fuel (SAF) partnership and began
preparing for the orderly wind-down of Zaffra, subject to
legal and governance approvals. Zaffra helped build market
insight, strengthen collaboration and develop a strong
opportunity pipeline.
The decision relates only to the partnership’s future
structure and does not signal a shift away from SAF or the
Sasol-Topsoe relationship. A more focused, flexible model
is expected to support the next phase better, while allowing
each company to pursue priority projects, innovation, and
market opportunities.
The Single Point Licensor (SPL) framework remains central
and will continue to support integrated customer solutions.
With six licences signed, Sasol and Topsoe may use fit-forpurpose structures for opportunities requiring deeper or
differentiated collaboration.
Refining
Feedstock supply
development
Mining and
Logistics
Sustainable
Aviation Fuel
Aviation
Fischer-Tropsch
DRIVING INNOVATION THROUGH SYNERGISTIC VALUE-CHAIN PARTNERSHIPS
Market mechanisms: carbon
credits and renewable energy
certificates
Sasol uses carbon credits and renewable
energy certificates (RECs) to support
its Emission Reduction Roadmap
and 2030 greenhouse gas reduction
targets, complementing operational
emissions reductions. In FY26, Sasol
retired approximately 3,84 million carbon
credits against its carbon tax obligation,
supporting verified emissions-reduction
projects and South Africa’s carbon market.
Sasol continues to strengthen its carbonmarket capabilities to support future
compliance, decarbonisation and value
creation, with FY27 focused on expanding
market participation and assessing
strategic opportunities.
High-quality carbon offsets are expected
to play an important role in addressing
hard-to-abate emissions while contributing
to sustainable-development outcomes,
including community upliftment, job
creation and stronger local value chains.
Fuelling hard-to-abate sectors
Sasol is strengthening its feedstock base
to ensure long-term growth, focusing on
local supply options such as biomass,
biolipids, biomethane, and recycled carbon
streams, such as end of life tyres. Sasol
has progressed energy crop development
through field trials of crops such as
Solaris and Moringa in collaboration with
Anglo American and De Beers, aiming to
rehabilitate mining land while developing
potential future feedstock supply. The
Bio Feedstock Research Centre has
shortlisted high-yield biomass crops
through collaboration with universities
and research groups, assessing their
suitability for South Africa. These initiatives
help reduce reliance on global feedstock
markets, improve supply resilience, and
retain value locally.
Bridging declining gas supply
Sasol continues to protect and
extend gas income streams while
enabling a phased transition to
future gas solutions. Progress
during the year included the
development of gas-to-power
demand aggregation, supporting
industrial and power-sector
demand while reinforcing the role
of gas in Sasol’s broader energy
and transition portfolio.
SASOL INTEGRATED REPORT 2026
FY25 – FY28
FY29 – FY30
FY30+
Extend supply
Gas bridge
Aggregate liquefied
natural gas (LNG)
Continue with upstream
exploration activities in
southern Mozambique to
unlock further value
Offer methane-rich gas
to provide supply certainty
for gas customers
Import LNG to meet
long-term external
market demand and
co-develop gas-topower demand
PRESERVE AND GROW LONG-TERM VALUE THROUGH DEVELOPMENT
OF SUPPLY OPTIONS AND GAS-TO-POWER INITIATIVES
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