| Board oversight |
(Up to 12 points) |
| 1 |
Board committee has explicit oversight responsibility for environmental affairs. |
The risk, safety, health and environment committee advises the Sasol
board on all relevant risk and SH&E issues, including climate change. |
| 2 |
Board conducts periodic review of climate change and monitors progress in implementing strategies. |
Quarterly reports are submitted to the board on Sasol's SH&E
performance. Specific provision is made in these reports for progress
against our group targets, including our target for reducing GHG
emission intensity. |
| Management execution |
(Up to 18 points) |
| 3 |
Chief executive clearly articulates company’s views on climate change and GHG control measures. |
Our chief executive has approved a GHG position statement for the
Sasol group. This statement is publicly available and was included in
our 2005 sustainable development report. |
| 4 |
Executive officers are in key positions to monitor climate change and coordinate response strategies. |
A group general manager, who sits on the group executive committee,
has been appointed to a newly assigned portfolio with specific
responsibilities for SH&E issues which include climate change.
Monitoring of climate change issues is facilitated by technical staff at
all relevant operations. |
| 5 |
Executive officers’ compensation is linked to attainment of environmental goals and GHG targets. |
While safety performance has been included as an issue that directly
affects executive officers' compensation, the attainment of GHG
targets does not currently have a similar impact on executive
remuneration. |
| Public disclosure |
(Up to 14 points) |
| 6 |
Securities filings identify material risks and opportunities posed by climate change. |
Provision is made for reporting on the risks and opportunities of climate
change in our Form 20-F and related reporting requirements of the
US Securities and Exchange Commission. Climate change has been
identified as one of our priority material sustainability-related risks
(see page 6). |
| 7 |
Sustainability report offers comprehensive, transparent presentation of company response measures. |
We produce annual sustainable development reports that provide
audited data on our direct and indirect GHG emissions and that
describe our policies and practices on climate change. |
| Emissions accounting |
(Up to 24 points) |
| 8 |
Company calculates and registers GHG emissions savings and offsets from projects. |
We have identified and calculated numerous opportunities for GHG
emission reductions throughout the group and have made progress
towards the possible registration of Clean Development Mechanism
(CDM) projects for emission reduction activities. These projects require
us to calculate and register potential GHG emissions savings and
offsets. |
| 9 |
Company conducts annual inventory of GHG emissions from operations and publicly reports results. |
Our inventory of GHG emissions has been developed using the
international recognised Reporting Protocol of the World Business
Council for Sustainable Development and the World Resources
Institute. This inventory is reported annually. |
| 10 |
Company has set an emissions baseline by which to gauge future GHG emissions trends. |
Our audited emissions for the 2004 financial year have been set as the
baseline against which we will measure progress towards our target of least
a 10% reduction in GHG emissions per tonne of product by July 2015. |
| 11 |
Company has third-party verification process for GHG emissions data. |
KPMG provides external assurance over the direct and indirect
CO2 emissions. |
| Emissions management and strategic opportunities |
(Up to 32 points) |
| 12 |
Company sets absolute GHG emission reduction targets for facilities and products. |
In 2005 we agreed a group-wide target of achieving at least a 10%
reduction in GHG emissions per tonne of product, on the baseline of
the 2004 financial year, by July 2015. We have prepared a detailed
roadmap with milestone targets to guide us towards achieving this
goal. Absolute GHG emission reduction targets have not been set for
specific facilities and products. |
| 13 |
Company participates in GHG trading programmes to gain experience and maximise credits. |
Our affected European sites are participating in the EU's Emission
Trading Scheme, while our South African operations are examining
opportunities for Clean Development Mechanism projects. The
experience gained in these processes is informing our GHG
management activities. |
| 14 |
Company pursues business strategies to reduce GHG emissions, minimise exposure to regulatory and physical risks, and maximise opportunities from changing market forces and emerging controls. |
We have identified and are implementing various options for reducing
GHG emissions (outlined in this report). We continue to participate in
the activities of the IPCC to identify opportunities for carbon capture
and sequestration and have recently launched an R&D programme to
support this initiative. |
