Sasol triples greenhouse emission reduction targets
The synfuel giant will spend R15bn-R25bn to transform its chemicals and energy business in SA into a low-carbon one
Sasol, whose Secunda plant was once singled out by activists as the largest single-point source of carbon dioxide emissions in the world, has tripled its target to cut emissions by 2030, as pressure mounts on SA to reduce its dependence on dirty fuels.
The synthetic fuels and chemicals group said on Wednesday it aims to cut greenhouse gas emissions by 30% by 2030 and will seek to achieve net-zero two decades later. It previously aimed for a 10% cut by 2030. Shareholder activist group Just Share said it would have liked to have seen more detail on how it will reach the goals. ..