reductions and for a greater role of gas in South Africa's energy mix. We are involved in the pilot carbon budget process for the period 2016-2020.”267 “Sasol is committed to responding to our climate change risks through the development and implementation of an appropriate mitigation response to enable the long term resilience of the company’s strategy and business operations, including reducing our emissions and promoting energy efficiency within our operations”268 “Key processes in South Africa, especially coal gasification and combustion, result in relatively high carbon dioxide emissions. Sasol is committed to reducing its overall impact on the environment, whilst developing and implementing an appropriate climate change mitigation response to enable the long term resilience of the company’s strategy and business operations.”269 “Sasol acknowledges the scientific basis related to human-induced climate change and concurs that its effects and repercussions are real and challenging. We agree that intervention is needed to mitigate its impact. Sasol supports an international agreement that defines how countries will share efforts to reduce GHG emissions, in line with the principle of common but differentiated responsibilities. As a South African-based company, we are of the view that an agreement that provides assurance for all can only be delivered through a multilateral rule-based process such as the UNFCCC, whereby environmental integrity is maintained with the ability to trade fairly. We are of the view that the Paris Agreement represents such an agreement. ”270 “Sasol recognises the challenge posed by climate change and the need to address the underlying cause, namely the emission of GHGs. At the same time, the demands of economic development requires a continuously increasing supply of affordable energy. Sasol believes that these challenges can only be addressed through all countries accepting shared but differentiated accountability, recognising the differing developmental requirements and resource endowments of different countries.”271 Statements on Human Rights “We believe that we have the opportunity to make a positive contribution towards a wide range of human rights goals, whilst at the same time having a responsibility to mitigate the human rights related risks our activities may pose to others.”272 Id., p. 49. Sasol Ltd. (30 June 2018), Enabling Our Strategy to Deliver Value: Sustainability Report, p. 21, available at http://www.integratedreport.sasol.com/sustainability/ebook/files/assets/common/downloads/publication.pdf?uni=fb9 6ccdb3507d367ba26d0f42a4565ad (last accessed on 12 September 2019). 269 Id. 270 Sasol Ltd. (November 2017), Sasol and Climate Change, p. 1, available at https://www.sasol.com/extras/SR_2017/pdf/Climate-Change-Booklet.pdf (last accessed on 12 September 2019). 271 Id., p. 12. 272 Sasol Ltd., supra note 268, p. 19. 267 268 Annex D: Corporate Statements on Climate Change and Human Rights | 71

Select target paragraph3

Connect to a paragraph
Connect to an entity
Disable highlights
Add to table of contents