SASOL Integrated Report 2025_Final_28 August 2025 - Flipbook - Page 119
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
BUSINESSES
ESG
REMUNERATION REPORT
DATA AND ASSURANCE / ADMINISTRATION
SOCIAL – COMMUNITY continued
ECONOMIC INCLUSION
Our commitment
We leverage our supply chain as a catalyst for shared value
creation, advancing meaningful transformation through the
intentional integration of small, medium, and micro enterprises
(SMMEs) and businesses owned by historically disadvantaged
persons (HDPs). This deliberate approach enables us to foster
inclusive economic participation across all the geographies in
which we operate.
Our group approach
We strive to deliver maximum shared value for our organisation and 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. Furthermore,
we drive localisation and economic transformation of large enterprises in our supplier base to unlock greater
opportunities for the integration of small businesses, particularly in our local communities.
PERFORMANCE
Economic transformation in South Africa
Unlocking growth through SME funding
Our Enterprise and Supplier Development (ESD) agenda has evolved over
the past five years, driving business toward inclusive procurement and
meaningful growth of Small and Medium Enterprises (SMEs). Through
this journey we have facilitated the development of over 500 SMEs,
underpinned by a combined SME investment of more than R500 million
in both development and funding spend supported by the following
structured programmes:
• R103 million in Siyakha Trust funding disbursed to 37 Suppliers.
Economic Inclusion Programmes: Local Community
Development Project, 3D Printing, Transporters Development
• The Fund concluded the financial year with 62 loan beneficiaries and a
loan book balance of R637 million.
• The impact of the investment is demonstrated by:
– The creation of 212 jobs.
– The sustenance of 3 152 existing jobs.
– Significant SME performance improvements, including:
– Average revenue growth exceeding 70%;
– Average profit increase of over 70%; and
– Interest savings of more than R20 million.
Financial Inclusion Programmes: Financial Excellence,
Post Investment Support, Franchise Development and
Turnaround Specialist
Mozambique
Gender-specific programmes: Women in Mining, Women
in Engineering, Khulisa Growth Accelerator
• Sasol has spent more than US$1 billion on operations Pande-Temane
Petroleum Production Agreement (PPA) and production sharing
agreement (PSA) projects and MERIC with Mozambican companies,
underscoring our commitment to driving local growth and fostering
regional economic development.
Sustainability Projects: Energy Security Support and
Waste Management
This intentional approach has resulted in the following measurable
impact in the current financial year:
• Preferential procurement spend of R42,6 billion with Black-owned
businesses and R26,9 billion with Black-women-owned businesses.
• R50,7 million spend in developing small business, of which 30% is
100% Black woman owned.
• 505 beneficiaries participated in business development training, with
146 (29%) of these participants engaged as suppliers. The training
was designed to strengthen entrepreneurial skills and enhance
operational effectiveness.
Over the past five years, Sasol’s contribution to local supplier development
has been significant:
• The FY25 local content spending targets for PPA Operations have been
successfully achieved, exceeding the established goal by nearly
US$6 million. During this period (July 2024 – June2025), Sasol made
a significant contribution to the local economy by spending a total of
almost US$54,7 million on PPA Operations, with nearly US$37,6 million
specifically directed towards Mozambican suppliers, exceeding our FY25
local spending target (US$30,7 million). The remaining US$17,1 million
was with foreign companies.
• The PSA project awarded US$211 million (84%) worth of contracts to
Mozambican companies, including registered and owned, versus a target
of US$165 million to US$183 million. US$127 million worth of contracts
was awarded to Mozambican majority-owned suppliers versus a target
of US$35 million.
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• Spend with local companies for the Mozambique Exploration,
Remediation, and Infill Campaign (MERIC) increased compared with
the previous campaign. Until June 2025, almost US$704 million was
spent with Mozambican companies, of which US$100 million was
with Mozambican majority-owned suppliers.
• US$2,3 million was disbursed to 60 Inhambane companies through
the SMME Fund, of which 16 are partially women-owned. Through
the fund, local companies have significantly improved their cash flow
helping them to invest in new equipment and expand their businesses.
• The ESD program has demonstrated significant success, engaging
a total of 198 Mozambique-owned companies (since 2020),
comprised of 98 participants in online sessions and 100 in-person
attendees. Additionally, 20 SMMEs located in Maputo, represented
by 60 individuals, have successfully completed the training and
mentoring program. Notably, 35% of these enterprises are partially
women-owned, highlighting our commitment to inclusivity and
the advancement of women in business. This initiative is a vital step
toward fostering a more equitable entrepreneurial ecosystem in
Mozambique.
• 30 Mozambican SMMEs were successfully enrolled in the
ISO 9001:2015 certification programme. Of these, 4 companies
have achieved the certification, while the remaining companies are
currently engaged in the process. This initiative reflects a commitment
to enhance operational standards and foster growth within the sector.
• The success of our ESD initiatives is a testament to the collective
effort of all key stakeholders. This collaborative approach has seen
46 companies establishing or retaining more than one new
contract, with nearly 37 with contracts within the oil and gas
industry and 9 with other entities, including the government. Of these
46 companies, a total of 27 have already been approached to gather
more details of the impact generated through these contracts, and the
following data has been obtained:
– 72 new contracts established
– Almost US$12 million in contracts reported
– Nearly 400 new Jobs (including temporary) created
