The company has never met its own emissions targets, and shareholders don’t seem to have realised, with some even applauding Sasol’s environmental policies.
Since 2005, Sasol has failed to meet any of the greenhouse gas (GHG) emission targets it has set for itself. Yet these targets have been revised upwards three times, with little explanation or acknowledgement from the company.
An analysis of Sasol’s reporting going back to 2000 shows that despite repeatedly setting goals to lower its GHG intensity – which measures how much carbon dioxide it produces per ton of product – it has consistently failed to do so. Its greenhouse gas intensity was in fact higher in 2018 than it was in 2002, which was the first year the company disclosed this measure.