Integrated_Annual_Report_2026 - Flipbook - Page 89
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
SAFETY, SOCIAL AND ETHICS COMMITTEE CHAIRMAN’S STATEMENT
KEY MESSAGES
As the Safety, Social and Ethics Committee, we
will continue to focus on the safety of our people,
maintaining a strong ethical culture, supporting
responsible corporate citizenship and overseeing
the environmental and social matters most material
to Sasol and its stakeholders.
• While Sasol’s ambition of Zero Harm remains
unchanged, there were two tragic fatalities during
the year
• Sasol supports the objectives of climate policy
and recognise the importance of a just transition
that balance climate ambitions with energy
security
• Long-term success is closely linked to the wellbeing
of the communities in which we operate
DAVID EYTON // Safety, Social and Ethics
Committee Chairman
Dear stakeholders
As Chairman of the Safety, Social and
Ethics Committee, I am encouraged by
the progress made during the year in
integrating sustainability, safety, social and
ethical considerations into Sasol’s strategy,
performance and decision-making. The
Committee continued to provide focused
oversight of the key risks, opportunities
and commitments within its mandate,
supporting responsible business practices
and sound decision-making on matters
material to Sasol and its stakeholders.
Further information on our performance
and priorities is provided in this report.
The Committee fulfils the role of the social and ethics committee of
the Company and its South African subsidiaries as required by the
Companies Act 71 of 2008, as amended (the Companies Act), and
the Regulations thereto. It plays a key role in monitoring and reporting
on Sasol’s activities as outlined more specifically in Regulation 43 and
its terms of reference which is available on www Sasol’s website:
www.sasol.com
In fulfilling its mandate, the Committee monitored Sasol’s activities
during the financial year, with due regard to applicable legal
requirements and prevailing codes of best practice, across the
following areas:
• Safety, health and environmental performance and consumer
relationships, including the impact of Sasol’s activities and
of its products or services and compliance with consumer
protection laws;
• Social and economic development, including adherence to the
Organisation for Economic Co-operation and Development’s
anti-corruption recommendations and the ten principles as set
out in the United Nations Global Compact;
• Ethical conduct and the protection of human rights;
• Promotion of equality and the prevention of unfair discrimination,
with ongoing monitoring of Sasol’s progress in terms of the
South African Employment Equity Act, No 55 of 1998 as well as
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Sasol’s standing in terms of the South African Broad-Based Black
Economic Empowerment (B-BBEE) Act, No 53 of 2003;
• Labour and employment practices, specifically ensuring decent
working conditions, sound employee relationships, employee
education and gender diversity in line with the International Labour
Organisation standards; and
• Corporate social responsibility and more specifically Sasol’s
contribution to the development of communities where we
predominantly operate.
The Committee acknowledges its responsibility for overseeing the
integrity of the sustainability, social and environmental information
included in this Integrated and Sustainability Report and is satisfied
that it provides a fair and balanced reflection of the Group’s
performance on material matters within its mandate and complies
with applicable regulatory requirements. The Committee also
continued to oversee developments in the evolving sustainability
reporting landscape to support transparent, credible and relevant
disclosures for stakeholders.
The Committee is satisfied that it has fulfilled its mandate as set out
in Regulation 43 of the Companies Act and in its terms of reference,
and that there were no major instances of non-compliance with
applicable laws and regulations.
