SASOL Integrated Report 2025_Final_28 August 2025 - Flipbook - Page 32
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
PORTFOLIOS
ESG
REMUNERATION REPORT
DATA AND ASSURANCE / ADMINISTRATION
RISK MANAGEMENT continued
RISK MANAGEMENT IS EMBEDDED IN SASOL’S STRATEGIC AND OPERATIONAL DECISION-MAKING PROCESSES continued
Governance and oversight of risk management
At Sasol, we apply an integrated risk governance model that embeds risk management into our strategic intent and execution. Oversight is driven by the Board of Directors, supported by
Board Committees and the Group Executive Committee.
The Board holds ultimate accountability, ensuring alignment with Sasol’s ERM Framework and Combined Assurance Model (CAM). Its responsibilities include:
A Strategic risk oversight: Setting direction through our Risk Policy and defining Group financial risk appetite and tolerance metrics to support sustainable growth.
A Risk Management Effectiveness: Evaluating the adequacy and performance of risk processes aimed at proactive management of material risks, understanding health and status of our key responses and driving
continuous improvement through improved risk maturity over time.
A Board Committees’ role: Overseeing assigned Group material risks and ensuring assurance mechanisms align with the CAM.
This governance structure reinforces Sasol’s commitment to proactive risk management, strategic resilience, and long-term value creation.
The Sasol Group is managed
through its governance
structures, which are regularly
reviewed and provide for the
assignment of authority while
enabling the Board to retain
effective control.
Group Executive
Committee
Board Committees
Sasol Limited Board
Southern Africa Energy and Chemicals
PORTFOLIO
As a direct or indirect
shareholder, Sasol Limited
exercises its rights and
is involved in the decisionmaking of its subsidiaries on
significant matters.
Subsidiaries have adopted the
governance framework as
appropriate and have aligned
their Memoranda of
Incorporation and Shareholder
Agreements with the Group’s
governance framework.
Group Executive
Sub-Committees
Governance and Risk Committee
Operations and Projects
Projects and
Engineering
Exco
OPERATING
MODEL
ENTITIES
Sasolburg
and Natref
Operations
Risk Governance
Regulatory and
Assurance
SHE Review
ROAS
Risk Exco
Secunda
Operations
Risk Exco
Other
Group (Board-level)
Southern Africa Investment
Committee
Mining, Risk
and SHE
Business Support
International Chemicals
Group SOX Committee
Governance and Risk Committee
Marketing and Sales (M&S)
Energy and Chemicals SA
Mining Exco
Energy M&S
Gov Exco
Risk and SHE Exco
Risk Exco
SA Chemicals SA
M&S
Gov Exco
Group Rewards
and Human
Capital Solutions
Exco (M)
Chief Information
Officer
IM Risk Exco
31
Group CFO
Business Building,
Strategy and
Technology
Exco
Exco
Risk Exco
Commercial and Legal
HR and
Corporate Affairs
SASOL INTEGRATED REPORT 2025
Sasol South Africa Board and Committees
Sasol Oil Board and Committees
Mining Board and Committees
JV Governance, Legal Entities, Trusts and Other
Supply Chain
Gov and Risk
Committee
Escalation as per established protocols
The necessary policies and
processes are in place to
ensure all Group entities
adhere to essential Group
requirements and minimum
governance standards.
Group (GEC-level)
GROUP
AND
OTHER
