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| engaging our stakeholders |
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| Informing our investors |
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Through our investor relations team, assisted by investor relations consultants in New York and London, we keep shareholders and
the investment community posted on our financial results and topical issues. Our chief executive, chief financial officer, investor
relations and communications team regularly present and discuss group performance and strategy with investment analysts,
institutional investors and journalists in South Africa, North America and Europe.
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| To ensure communication with those without access to electronic media, we publish highlights of our annual and interim
financial results, inclusive of a business overview and commentary, in the main South African daily newspapers. In line with
New York Stock Exchange (NYSE) and Johannesburg Stock Exchange (JSE) regulations, we do not disclose information selectively
to shareholders, and endeavour to share information with as many stakeholders as possible. Major announcements, including
financial results, cautionary announcements, executive appointments, BEE deals, and business acquisitions and disposals, are
made through the Stock Exchange News Service (SENS), electronic filings with the Securities and Exchange Commission (SEC),
news wire services, media releases and the Internet. |
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| Working with regulatory officials |
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We work actively to establish and maintain constructive relationships with governments, especially in South Africa. We do so by
seeking to position Sasol appropriately with government departments, alerting the company on public issues that can impact
on the achievement of the company's strategic objectives, and establishing a more credible voice for Sasol on matters of public
policy. On many policy issues we communicate with government through the forum of relevant business associations such as the
Chemical and Allied Industries' Association (CAIA) in South Africa, and the European Chemical Industry Council (CEFIC).
We monitor the legislative process in South Africa by forging relationships with members of the relevant parliamentary portfolio
committees and we engage with individuals and sub-committees. While different government departments are important to
Sasol's sustainability, we place more emphasis on those departments that are more relevant to our day-to-day business,
including the national departments of the Presidency, Minerals & Energy, Treasury, Trade & Industry, Environment & Tourism,
Labour, Water & Forestry, Science & Technology, and Transport. At provincial and local levels, particularly in the Mpumalanga
and Free State provinces, we establish and maintain good relations with premiers, relevant members of executive councils
(MECs) and executive mayors, as well as traditional leaders in rural areas.
We also regularly interface with government officials in Mozambique, Germany, Italy and the USA. We have established positive
relations in Qatar where we have developed our first international gas-to-liquids plant in partnership with the state-owned oil
company, Qatar Petroleum. Sasol has been nurturing government and business relations in other countries where we have been
investing or are planning to invest. These include Malaysia, China, Iran and Nigeria.
Engaging local communities and civil society organisations
We keep local communities involved in our sustainable development programmes, especially when dealing with potentially
sensitive issues such as water management, emissions to air, waste management and the development of new production
facilities. In addition to the public participation initiatives implemented as part of new projects, we continue to undertake
community outreach initiatives at most of our existing operations. These initiatives include holding public meetings, hosting explanatory tours of our operations and implementing structured systems for responding effectively to community complaints.
This approach towards community outreach has provided our management teams with a deeper understanding of community
concerns and interests. |
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| Business organisations |
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In all the countries in which we operate we are active members of the relevant industry associations, including, in particular, the
South African Chemical and Allied Industries' Association (CAIA), the American Chemistry Council (ACC), the German Chemical
Association (VCI) and the European Chemical Industry Council (CEFIC). Through our participation in these industry associations
we are able to channel our views into governmental initiatives, as well as working cooperatively on industry initiatives with
our peers.
We are also corporate members and are represented on numerous local and international business, engineering, scientific
and other organisations. In South Africa, these include: |
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Business Unity South Africa (BUSA); |
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Chamber of Mines; |
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Chemical and Allied Industries’ Association (CAIA); |
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Plastics Federation of South Africa; |
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South Africa Foundation; |
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South African Colliery Managers’ Association; |
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South African Institute of Chemical Engineering (SAICE); |
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South African Institution of Mechanical Engineering (SAIMechE); and |
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South African Petroleum Industry Association (SAPIA). |
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| We are also members of business, industrial and other bodies in Europe and North America at regional, national, state/provincial
and metropolitan levels. Through such organisations, we play a constructive role in supporting important communities
of interest. |
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| The media |
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Sasol shares information and opinion with the South African and international media across a broad spectrum of current issues.
We maintain well-resourced group communication, investor relations, sponsorship, corporate social investment (CSI) and brand
management teams. In addition, most of our major businesses employ full-time communication practitioners. We present our
half-yearly and annual financial results to the financial community and to the media. We continuously issue topical media
releases and investor updates, which we publish on our website, to keep stakeholders updated on our plans, projects and
important issues, including technology, capital projects, BEE, SH&E and
social investment. |
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"I would like to congratulate Sasol
after reading in The Star Business Report (June 15) that Sasol has refused
to supply cyanide to a mining company that wanted to use it on a site it
cleared and built without a permit. Refusing to supply such a customer
with such a potentially difficult product until the customer complies with
the law, demonstrates to me more than many other things that Sasol is taking
its sustainability risks and reputational issues serious. This is really
walking the talk. I am proud to be a shareholder of such a company."
South African sustainability consultant and Sasol shareholder |
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