EDITORIAL: Sasol’s climate diet fuels investor feast
Management has finally offered a credible turnaround script in slashing its emission reduction budget
22 May 2025 - 05:00
Simon Baloyi, Sasol’s boss, delivered a one-two punch of fiscal discipline and scaled-back climate spending.
First, the board approved a new dividend policy that delays payouts until the balance sheet is stronger. While previously Sasol committed to resume dividends once net debt fell below $4bn, the threshold has now been tightened to a sustainable net debt below $3bn. ..
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