Select a JSE-listed company and download the company's integrated report for the most recent year. Prepare a report summarising your findings. Your report should be approximately two pages long and include the following key aspects:
a. Short company profile
b. Identification of UNSDGs addressed by the company
c. Overview of how the company addresses the identified UNSDGs.
d. Suggestions for improvement or areas where the company could enhance it's efforts related to UNSDGs
I have chosen the company Sasol Limited, a multinational integrated energy and chemical company based in South Africa, which is listed on the Johannesburg Stock Exchange (JSE).
a. Short Company Profile:
Sasol Limited was founded in 1950 and has operations in 33 countries across the globe. The company is a leading provider of liquid fuels, chemicals, and low-carbon electricity. Sasol's operations span upstream oil, coal, gas, chemicals, and energy sectors. The company is committed to sustainable development and has integrated economic, social, and environmental considerations into its business operations.
b. Identification of UNSDGs addressed by the company:
Based on Sasol's integrated report for the most recent year, the company addresses several United Nations Sustainable Development Goals (UNSDGs), including:
- UNSDG 7: Affordable and Clean Energy
- UNSDG 9: Industry, Innovation, and Infrastructure
- UNSDG 12: Responsible Consumption and Production
- UNSDG 13: Climate Action
c. Overview of how the company addresses the identified UNSDGs:
Sasol is actively working towards reducing its environmental footprint through energy efficiency initiatives and investments in renewable energy. The company has set targets to reduce greenhouse gas emissions, water consumption, and waste generation. Sasol also focuses on innovation and technology advancements to improve productivity and operational efficiency.
d. Suggestions for improvement or areas where the company could enhance its efforts related to UNSDGs:
While Sasol has made progress in addressing the UNSDGs mentioned above, there are areas where the company could enhance its efforts. For instance, the company could further invest in renewable energy sources and explore opportunities to transition towards a low-carbon economy. Additionally, Sasol could strengthen its community engagement and social impact initiatives to support local communities and promote inclusive growth.
In conclusion, Sasol Limited is making commendable efforts to address various UNSDGs through its sustainable business practices and commitments. However, there is always room for improvement, and the company could further enhance its efforts in areas like renewable energy, social impact, and community engagement to drive positive change and create long-term value for all stakeholders.