Sasol In Society Report - Book - Page 16
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Scope and Overview of Sasol in Society
Shared Value
Management
Our commitment
We see ourselves as a force for good and our shared value partnership approach is core to
contributing to UN SDG 17 and to the role we play in our communities.
Our group approach
We regard creating shared value as an enabler of our Purpose and strategy.
It contributes to strengthening relationships with stakeholders and regulators, which is one of Sasol’s material
matters. Our Centre for Shared Value Management (CSVM) helps us to realise our shared value aspirations by:
▪ Facilitating the creation of socio-economic value for the Sasol ecosystem by leveraging partnering
opportunities and collaborating with stakeholders;
▪ Attracting and galvanising partners to leverage funding and execute sustainable socio-economic value
programmes for our fenceline communities; and
▪ Serving as the single point of contact for the integration and coordination of Sasol’s group-wide just transition
initiatives as we progress on our decarbonisation journey.
Performance
The changing energy landscape in South
Africa affects not only the business but
also stakeholders, such as employees.
The Ntsika Entrepreneur Development programme
is an indicator of our commitment to the just
transition process. We have also established
a just transition Office to facilitate effective
communication, collaboration and decision-making
associated with this process.
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SASOL IN SOCIETY 2023
The CSVM within the just transition Office leverages
existing plans and programmes to identify ‘no-regret’
opportunities; achieve economies of scale; and create
greater value than the individual just transition
programmes alone could deliver.
To address the potential negative impacts on jobs
of our decarbonisation pathways, the CSVM
determined several levers that Sasol (and other
stakeholders) can use.
