Sasol
Sasol Limited is a publicly listed integrated oil and gas company headquartered in South Africa. In 2020, it had USD 13.00 billion in revenue and a reported 31,001 employees*. Sasol is the largest company by revenue in South Africa. Its coal feedstock serves for gasification and electricity and steam generation. Sasol plans for natural gas to be its bridge towards a low-carbon transition.
- Ranking position
- #42 /100
- Total score
- 7.4 /100
- Performance score
- 3.1 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
Risks and opportunities
Trend
Sasol receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Sasol is still heavily reliant on coal and plans for natural gas to be its bridge towards a low-carbon transition. The company includes solar and wind energy projects in its long-term strategy but to a lesser extent than gas because of the intermittent output of these renewable sources. Sasol is reluctant to develop biomass or green hydrogen projects. The company states that the high costs, nascency and challenges in scalability means the timelines for such projects are not aligned with its 2030 and 2050 targeted emissions reductions.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Sandton, South Africa
- Group revenue
- R 190,367,000,000 (USD 13.00 billion)
- Ownership structure
- Publicly listed
- Number of employees
- 31,001
- Scope of activity
- Fully integrated
- Website
- https://www.sasol.com/