Sasol In Society Report - Book - Page 88
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Year in Review: South Africa
Our group approach
We strive to deliver maximum shared value for our organisation and our stakeholders that is built on robust,
mutually beneficial relationships. This is achieved by supporting smaller businesses, through funding and
development interventions, enabling their meaningful participation within our supply chain. Further, we drive
localisation and economic transformation of large enterprises in our supplier base to create more opportunities
for the integration of small businesses in our fenceline communities.
We recognise the socio-economic challenges faced by many, especially by women and the youth, levels
of unemployment in our fenceline communities and that entrepreneurship helps to alleviate poverty.
Our integrated development approach is Centred around an inclusive
economic transformation imperative
Support
Include
Transform
Develop smaller
enterprises
Embrace smaller
enterprises
Drive empowerment
within the
suppliers base
Find, connect and develop
new small suppliers
Include SMEs into supply
chain and grow
Connect
Set aside in
procurement
categories
Category
integration
Transform
existing
suppliers
Transact
Create awareness
Develop
Scale and transform
Scale
Industrial new
suppliers
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SASOL IN SOCIETY 2023