SASOL Integrated Report 2025_Final_28 August 2025 - Flipbook - Page 27
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
PORTFOLIOS
ESG
REMUNERATION REPORT
DATA AND ASSURANCE / ADMINISTRATION
STRATEGY continued
DRIVING LONG-TERM VALUE FROM OUR SOUTHERN AFRICAN BASE BEYOND 2030
We are evolving into a leaner, cash-generative, lower-carbon platform, underpinned by multiple new value streams and reduced exposure to oil price volatility.
The future is compelling and will require continuous adaptation to continuously evolving market conditions to be sustainable.
FY30+
Coal feedstock
Gas value chain
Competitiveness
Carbon Tax
Sufficient access
to own coal
reserves to 2040+
Credible options
to protect value
from the external
market
Competitiveness
retained using all
business levers
despite gas decline
Positive shifts
in the carbon tax
framework support
future sustainable
investments
Our foundation remains robust. With secure feedstock we are wellpositioned to sustain full gasifier rates into the 2040s. Continued
regional demand for liquid fuels and chemicals is beyond 2040, is
expected to support cash generation.
Our optimised Emission Reduction Roadmap (ERR) transforms
decarbonisation into a value-creating opportunity, enabling us to
achieve emissions targets while enhancing the long-term value of
Secunda Operations.
We are actively safeguarding income from the gas value chain while
lowering our oil price breakeven in Southern Africa, ensuring healthy
margins even under conservative scenarios.
Even as gas throughput declines, Secunda Operations remains
cash positive. We will maintain full gasifier utilisation, transition to
low-cost renewables, shift towards sustainable fuels and chemicals,
optimise and resize our cost and capital base.
SASOL INTEGRATED REPORT 2025
26
New sustainable
businesses
Scale renewable
energy business
beyond 2GW
Build sustainable
fuels and chemicals
These actions will offset the gas shortfall and safeguard profitability.
We are also building new income streams through sustainable
business ventures, further diversifying and strengthening our
portfolio.
Externally, policy dynamics are shifting in our favour. The extension
of carbon tax allowances and increased offset caps through 2030 are
flattening the cost curve. Our proposed carbon tax recycle mechanism
aims to reinvest into our transition, accelerating progress.
