SASOL Integrated Report 2025_Final_28 August 2025 - Flipbook - Page 122
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
PORTFOLIOS
ESG
DATA AND ASSURANCE / ADMINISTRATION
REMUNERATION REPORT
GOVERNANCE
GROUP GOVERNANCE
OUR COMMITMENT
Our governance structure
We are committed to building a resilient, competitive and sustainable business in an ethical
and efficient manner which ultimately benefits our stakeholders.
Through the governance structure, the Board focuses on ensuring that strategy, sustainability, risk and
performance considerations are appropriately balanced and effectively integrated into the activities of the
organisation. Details of these are given throughout the Integrated Report.
During the year the Board dealt with several significant
issues aligned with our Material Matters. Details of some of
the most important issues are included in the Chairman’s
statement and are expanded on by the President and Chief
Executive Officer in his statement.
Our governance structure is regularly reviewed and provides for the assignment of authority while enabling
the Board to retain effective control. Policies and processes are in place to ensure all Group entities adhere
to essential Group requirements and minimum governance standards. As a direct or indirect shareholder,
Sasol Limited exercises its rights and is involved in the decision-making of its subsidiaries on significant
matters. Subsidiaries have adopted Sasol’s governance framework as appropriate and have aligned their
Memoranda of Incorporation with it.
The Board plays a crucial, ongoing role in reviewing and
refining the Company’s strategy, including monitoring
implementation. The Board continuously assesses the
effectiveness of Sasol’s strategy, adapting it to changing
circumstances and new opportunities, ensuring alignment
of Sasol's long-term objectives.
SASOL LIMITED SHAREHOLDERS
SASOL LIMITED BOARD
For the next three years, Sasol will focus on the following
two strategic pillars:
2
GROW AND TRANSFORM
Transforming into a more sustainable, future-fit business
by developing new value pools aligned with evolving
customer needs, all while delivering strong performance
and driving decarbonisation.
CONTROL/ASSURANCE
Building a more efficient and resilient foundation
business by restoring the Southern African operations
to historical levels of performance and resetting the
International Chemicals business.
RISKS/OPPORTUNITIES
STRENGTHEN OUR FOUNDATION
STRATEGY/SUSTAINABILITY
1
Audit
Committee
The Board will ensure that these strategic pillars are
underpinned by a robust financial framework focused on
improving sustainable free cash flow generation,
deleveraging the balance sheet, reinstating dividends and
ensuring disciplined capital allocation, while more
importantly making sure our people go home safely and that
we care for our planet.
Nomination
and Governance
Committee
Safety, Social
and Ethics
Committee
Remuneration
Committee
Capital
Investment
Committee
PERFORMANCE
DISCLOSURES
Matters dealt with by the Board of Directors (Board)
PRESIDENT AND CHIEF EXECUTIVE OFFICER
GROUP EXECUTIVE COMMITTEE (GEC)
Capital
Structuring
and Allocation
Committee
Disclosure
Working
Group
Safety,
Health and
Environment
Committee
(SHE)
Employee and
Remuneration
Committee
Sanctions
Compliance
Committee
Ad hoc GEC mandating and steering committees
EXECUTIVE VICE PRESIDENTS
Subsidiaries (wholly-owned)/Operating Model Entities
Subsidiaries (wherein external shareholder) and Joint venture (JV) Boards and shareholders
STAKEHOLDERS
ETHICAL FOUNDATION
For more detail regarding our strategy refer to pages 24 – 29 and Material
Matters refer to pages 44 – 49.
OUR MATERIAL MATTERS
SAFETY OF
OUR PEOPLE
STRENGTHENING
FOR RESILIENCE
SUSTAINABLY GROW
AND TRANSFORM
SASOL INTEGRATED REPORT 2025 121
ENVIRONMENTAL
STEWARDSHIP
STRENGTHENING RELATIONSHIPS WITH
CUSTOMERS, STAKEHOLDERS AND REGULATORS
