Integrated_Annual_Report_2026 - Flipbook - Page 85
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
BOARD COMMITTEES CONTINUED
Committee governance and how our committees create and protect value continued
Safety, Social and
Ethics Committee
SSEC
CHAIRMAN
DGP Eyton
The Committee plays a critical role in supporting the Board in overseeing sustainability, safety,
social and ethical performance, safeguarding responsible business practices and enabling longterm value creation.
MEETINGS
MEMBERS
S Baloyi
MJ Cuambe
MBN Dube*
M Flöel
VD Kahla
NX Maluleke
Capital Investment
Committee
CIC
The Committee plays a critical role in supporting the Board in driving disciplined capital allocation,
overseeing strategic execution and enabling sustainable value creation through investment and
transformation initiatives.
ATTENDANCE
MEMBERS
5 100%
S Baloyi
WP Bruns
MBN Dube*
MEETINGS
M Flöel
DGP Eyton
GMB Kennealy
• Assists the Board in overseeing safety,
sustainability, social and ethics matters, ensuring
responsible and ethical conduct across the Group
• Oversees the Group’s sustainability strategy,
performance and commitments, including progress
against targets, material risks and emerging
opportunities
• Oversees safety, health and environmental (SHE)
performance, including incident trends, risk
mitigation and initiatives supporting the Group’s
Zero Harm ambition
• Oversees the ethical culture and conduct of the
Group, including anti-corruption, human rights,
ethical supply chain practices and adherence to the
Code of Conduct
culture, including high-severity incident prevention,
root cause analysis and strengthening leadership
accountability and behavioural discipline
• Oversight of process safety and operational
risk management, with targeted interventions to
address systemic weaknesses
• Continued monitoring of environmental compliance
and regulatory risks, particularly air quality
requirements and emissions reduction obligations
• Progress on sustainability priorities, including
100%
MANDATE:
• Oversees labour, employment and workforce
matters, including workforce capability, labour
relations, transformation and alignment of skills with
strategic priorities
• Oversees the Group’s approach to responsible
corporate citizenship and stakeholder impact,
including community development, environmental
stewardship and social licence to operate
• Oversees stakeholder relations, reputation
management and external engagement,
including participation in industry, regulatory and
sustainability-related forums
• Oversees the integrity of sustainability-related
disclosures and reporting, including alignment
with regulatory requirements and assurance over
non-financial information
• Assists the Board in overseeing the Group’s
capital allocation, major investment decisions
and strategic execution, ensuring alignment with
strategy and long-term value creation
• Oversees and evaluates material capital
investments, mergers and acquisitions, divestments
and disposals, including associated risks, financial
viability and strategic fit
• Oversees the execution and delivery of major
projects and strategic initiatives, including
monitoring performance against approved
investment cases, milestones and value realisation
• Oversees strategic transformation and business
growth initiatives, ensuring disciplined investment,
scalability and delivery against commitments
communicated to stakeholders
• Oversees digital strategy development and
execution and related investments, ensuring
prioritisation, capital discipline and measurable
value delivery from technology and innovation
programmes
• Monitors execution risks, delivery performance and
benefits realisation, including corrective actions
where value delivery is at risk
• Provides oversight of portfolio performance and
capital project delivery, ensuring efficiency, cost
discipline and alignment with strategic objectives
IN FY26, KEY AREAS OF FOCUS INCLUDED
IN FY26, KEY AREAS OF FOCUS INCLUDED
• Sustained focus on safety performance and
4
ATTENDANCE
* stepped down as a member effective 1 June 2026
* stepped down as a member effective 1 June 2026
MANDATE:
CHAIRMAN
MJ Cuambe
security, circular economy initiatives and ESG
performance metrics
• Review of ethics and culture, including EthicsLine
trends, whistleblower protection and reinforcing
tone-from-the-top
• Oversight of social impact and corporate citizenship
initiatives, including community development,
stakeholder engagement and socio-economic
programmes
• Monitoring of human rights and modern slavery
risks across operations and supply chain
emissions reduction roadmap delivery, water
• Active oversight of the portfolio optimisation and
asset review programme, including decisions on
underperforming assets and potential partnerships
or disposals
• Continued monitoring of large capital projects and
strategic investments, including Mozambique PSA
and CTT, with focus on execution risk, delays and
value preservation
• Emphasis on capital discipline, prioritisation and
alignment of investments to strategy and cash
generation objectives
• Ongoing work on the emissions reduction roadmap
energy and sustainable fuels
• Review of strategic growth and inorganic innovation,
opportunities, including partnerships and market
consolidation opportunities
• Focus on operational reliability and value chain
optimisation, particularly at Secunda and across
mining and energy infrastructure
• Ongoing monitoring of business transformation
initiatives
• Monitoring emerging technologies and future
growth and innovation opportunities to support
future value creation and business growth.
and energy transition initiatives, including renewable
Contributes to value creation by overseeing sustainability, safety and ethical conduct, thereby protecting
the Group’s social licence to operate and supporting resilient, responsible long-term growth.
Contributes to value creation by promoting disciplined capital allocation, overseeing strategic execution
and ensuring that investments and transformation initiatives deliver anticipated value.
Refer to the Report of the Chairman of the Safety, Social and Ethics Committee and other sustainability matters on pages 88 – 90
The President and CEO is not a member of the Audit, Remuneration nor the Nomination and Governance Committees but attends meetings by invitation. He is requested to leave the meeting, where appropriate, before any decisions are made that relate to him personally.
SASOL INTEGRATED REPORT 2026
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