Sasol In Society Report - Book - Page 8
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Scope and Overview of Sasol in Society
past year, we benefitted 270 Centres, 964 practitioners
and 15 184 children through our Early Childhood Education
A message
from our
Executive Vice
President
(ECD) programme. Our science, technology, engineering and
mathematics (STEM) programme reached 36 000 learners in
Grades 10 to 12 through our first-ever virtual Sasol TechnoX
career guidance exhibition. In North America, we supported
five school-wide STEM engagements at Partner in Education
schools across the region, connecting over 800 students to
STEM enrichment activities. More information on our Access to
Education programmes is available on pages 38 to 71.
Enabling access to
critical workplace skills
Charlotte
Mokoena
EVP: Human Resources
and Stakeholder
Relations.
In our Bridge to work skills and employability programme, Our
farmer development programme in South Africa, Iphepe - which
means to feed yourself - has successfully trained and mentored
164 people in agricultural skills; livestock; vegetable and poultry
production from our fenceline communities in Sasolburg,
Secunda and Ekandustria. In Mozambique, 500 beneficiaries
In recent years business has assumed a more
prominent position as a force for social good.
were trained in entrepreneurship, with 250 receiving funding
It has long transcended its sole focus on profitability,
Small Business Development Centre which counselled over 500
embracing the ethos of shared value creation that extends
distinctive clients and 40 industry-related clients on business
beyond mere financial gain. Indeed the business landscape
development. More highlights on
has undergone significant transformation, as corporations
our programmes are on pages 72, 127 and 148.
for new businesses. In North America, we support the Louisiana
have emerged as pivotal collaborators in advancing both
social and economic progress.
Creating economic
inclusion opportunities
At Sasol, we pride ourselves in being pathfinders,
continuously seeking out novel ways to realise sustainable
Through our Economic Transformation and Local Content
socio-economic benefits for our communities and broader
strategy, we made remarkable strides by increasing our
society. Fuelled by our purpose to innovate for a better
development support to by 34% from FY22 baseline in South
world, our global teams work tirelessly on programmes that
Africa over the past 12 months. This resulted in the creation of
enable us to be a force for social good as we strive to create
1 060 new jobs in 2023. In total, 47 SMEs were funded through
shared value, alongside our partners, communities and
the Sasol Siyakha Fund with R98 million disbursed in the current
stakeholders.
financial year compared to only R18 million in 2022. Our funding
support resulted in the creation of 859 new jobs and 2 050
Our diligent efforts ensure that the programmes we develop
sustained jobs with a revenue growth of 18% and an interest
and execute continue to deliver meaningful outcomes that
rate saving of R9,1 million. For more information on our funding
mitigate the scourge of youth unemployment, improve
initiatives read pages 86 to 93.
access to quality education and reduce poverty, among
other pressing societal needs.
Our gains from the past year are reflected in the various
strategic programmes we spearheaded:
Improving the quality
of education outcomes
Assisting employees impacted
by workforce transition to
pursue entrepreneurship
opportunities
The Centre for Shared Value Management’s (CSVM) Ntsika
– meaning Pillar – an entrepreneur development programme,
launched in 2021 to support South African-based employees
Our STEM Education Excellence programmes are
impacted by restructuring, was concluded in 2022. The
continually improving the quality of education outcomes
programme led to the inception of 25 business start-ups and
from early childhood to postgraduate level. During the
the creation of 60 jobs, both permanent and temporary. These
ventures span 12 different sectors, with professional services
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SASOL IN SOCIETY 2023
