Dineo Faku dineo.faku@inl.co.za SASOL, the JSE-listed petrochemicals giant is tripling its 2030, scope 1 and 2 greenhouse gas (GHG) emission reduction target, from an initial 10 percent for its southern African operations, announced last year, to 30 percent for the energy and chemicals businesses, off a 2017 baseline.
Sasol, South Africa’s biggest polluter after Eskom, has ambitions to be net zero (polluter) by 2050. The group said up to 2030, about 10 to 15 percent of all capital would be spent on achieving these GHG reduction targets, and post 2030, a more significant portion of capital, to achieve the net zero ambition.
Speaking to investors at the virtual capital markets day, chief executive Fleetwood Grobler, said Sasol had concrete plans to directly reduce emissions by 25…