Sasol shares have rocketed 25% in the past week alone, taking this year’s gains to 107%. Sure, an oil price above $80 a barrel and a rand at R15 to the dollar are helping the petrochemicals group, but a series of much greater carbon emissions cuts, laid out to the market last week, means Sasol is no longer in any real danger of becoming uninvestable as SA’s second-largest CO² emitter. The FM spoke to CEO Fleetwood Grobler.
You’ve set out to cut emissions 30% by 2030, and to net zero by 2050, at an extra cost of between R15bn and R25bn. But how, practically, are you going to do this?..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.