SasolAnnual review and summarized financial information 2006
Downloads | Table of contents | Acronyms | Feedback form | Contact us
Search all results & reports
 
Summary /  Downloads / Quick & useful links About this report / Company at a glance / Sasol's integrated business model  / CE’s statement / Our group of companies / Global operations / Our sustainability performance Material SH&E–related risks at Sasol / addressing our previously identified challenges / addressing material sustainability challenges / our management framework for sustainable development / Sasol's sustainable development milestone Engaging our stakeholders  / Report on the stakeholder process our economic contribution / our social performance / our economic contribution / looking ahead KPMG's independent assurance report / Our performance data / GRI index for Sasol's 2006 sustainable development report  / UN Global Compact − communication on progress / Acronyms  
 
 
 
About this report
 •  Company at a glance
 •  Sasol's integrated business model
 •  CE’s statement
 •  Our group of companies
 •  Global operations
 •  Our sustainability performance
 
About our sustainable development report
 
Scope of our report | Objective of reporting | Ensuring materiality | Assurance | Format | Feedback
 
Sasol Secunda site A view of the Sasol Secunda site, where we continue to focus efforts on improving safety and environmental performance against the backdrop of business expansion. 
 
Scope of our report
 
This is our seventh external report on Sasol's sustainability performance − and the second we are producing annually rather than biennially. This report, published in accordance with the 2002 sustainability reporting guidelines of the Global Reporting Initiative (GRI), reviews Sasol's economic, social and environmental performance for the period between 1 July 2005 and 30 June 2006.

The report covers the activities of all the Sasol operations globally in which Sasol holds a minimum of 50% shareholding, and/or has operational control. Data is reported on a 100% basis even where the Sasol shareholding is less than 100%. Data from companies acquired or disposed of during any reporting period is included with effect from the date of acquisition if such data is available, or excluded with effect from the date of disposal. Private organisations operating within our boundaries (rented or leased property) are excluded for the purposes of reporting. Although excluded, Sasol seeks to influence their performance − particularly on safety issues − through training and sharing best practice.

As 81% of our workforce is based in South Africa, which is also the site of our head office and our most significant operations, this report has a predominant (though not exclusive) focus on our activities in South Africa. A map and a brief description of our global operations is provided on pages 10 − 11. An index of the Sustainability Reporting Guidelines of the GRI is included on pages 83 − 88.
 
Objective of reporting
 
This report is based on data generated by our business units. This data has been centrally collated and analysed, and is publicly disseminated with the objective of: 
 
assisting in the timely identification of major risks and opportunities − informing management actions and strategy; 
assessing the company's progress against set targets and objectives; 
facilitating benchmarking of performance; 
communicating on our performance with stakeholders, thereby enabling them to hold us to account; 
meeting legislative and corporate governance requirements; and 
maintaining the company's freedom to operate. 
 
Transparent reporting on our sustainability performance forms an important part of our strategic commitment to sustainable development. It is also fully aligned with our goal of being a globally respected, worldclass company characterised by values-driven leadership. 
 
Ensuring materiality
 
While we appreciate the value of initiatives such as the GRI in encouraging improved reporting practices and facilitating benchmarking, we are committed to reporting on those issues that are most material to our business and of specific interest to the majority of stakeholders, rather than adopting a tick-box approach. Although this report has been written with all of our stakeholders in mind, this group-level report is targeted primarily at our employees, investors, civil society bodies and regulators. A stakeholder process has been undertaken specifically for this report with the aim of identifying those interests that are material to these different stakeholders (see pages 47 − 53).

We have identified our most material safety, health and environment (SH&E)-related risks on the basis of internal risk assessment procedures undertaken in consultation with our operations (see table on pages 6 − 7). In addition to providing a comprehensive report on our performance − as far as possible on a quantitative basis − we have chosen in this report to focus on four issues considered to be material at a group level, and that have particular implications for our corporate reputation:
 
our role in meeting global energy demands (page 18);
safety management (page 25);
skills development (page 29); and
black economic empowerment in South Africa (page 31).
 
The report does not replace individual site and company-specific reports that have been developed for some of our facilities, primarily for our employees and neighbouring communities. 
 
Assurance
 
As outlined in the assurance statement on page 76, selected data in this report has been independently assured by KPMG. This includes a formal assessment of the extent to which the Sasol report has been published "in accordance with" the 2002 sustainability reporting guidelines of the GRI. To facilitate comparability with our previous reports, we have endeavoured to be consistent in the parameters reported against year-on-year. In some instances, however, these have been amended and updated to ensure greater integration of reporting practices throughout our increasingly globalised company, as well as to implement world best practice. All changes in the reporting parameters are explained in relevant sections of the report. 
 
Format
 
In response to feedback on our previous reports, we have chosen this year not to produce two separate sustainability reports (a printed summary report and an online detailed report). We have printed 6 000 copies of our full report, and have distributed these by post to representatives from each of the stakeholder groups, as well as on request and through our website. A summary of this report has been made available for our employees. 
 
Feedback
 
We encourage you to share your thoughts with us on this report, either by completing the attached feedback form, or by contacting us directly. For further information, please contact: 
 
Dr Stiaan Wandrag
Safety, Health and Environment Centre
Sasol Group Services (Pty) Ltd
PO Box 5486, Johannesburg, 2000, South Africa
Telephone: +27 (0)11 344 0308
Facsimile: +27 (0)11 522 8748
E-mail: stiaan.wandrag@sasol.com
 
Top of page
  Page back  
 | 
  Page forward w3c