Friday, 25 November
As Sasol prepares for the typically lively affair that is its annual general meeting (AGM), activist organisations have labelled the chemicals and fuels giant’s emission reduction ambitions as “greenwashing” and implored shareholders to demand a more detailed company action plan on climate change, with clearer targets.
“Many of Sasol’s commitments and plans remain too vague or too distant to allow meaningful assessment,” said Just Share, a shareholder activist organisation and the Centre for Environmental Rights (CER), an associated activist law firm, which have – ahead of the group’s AGM on 2 December – reviewed Sasol’s latest annual reports and analysed its progress on a range of issues, primarily related to climate change and air quality.
Sasol is the largest greenhouse gas emitter in South Africa after Eskom, and its Secunda plant is the largest single-site emitter in the world. It is also a major contributor to air pollution, which has an adverse impact on human health in the Highveld.
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