Sasol Tradeoff Considerations for a Just Transition Marianne Matthee Amy Moore Anthony WilsonPrangley 2023
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Sasol, a multinational oil and gas corporation, is one of the world’s largest refiners. It operates in 35 countries, with an impressive array of industrial and logistics facilities. The company aims to produce cleaner and renewable energy while reducing its greenhouse gas (GHG) emissions. But a just transition has become a hot topic for governments worldwide. The aim is to create sustainable and inclusive growth that benefits all of society. Marianne Matthee I worked as a
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Sasol, a multinational oil and gas company headquartered in South Africa, is facing a growing call to transition from fossil fuels towards renewable energy and low-carbon production methods. In 2020, Sasol declared a “Just Transition” to support this transition, acknowledging the need for an equitable, just, and environmentally responsible shift in the industry. Sasol’s “Just Transition” approach recognizes that fossil fuels cannot continue to be the dominant energy source, leading to potential job losses and reduced
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“A tradeoff is a decision between two or more options, either one is good in terms of A but bad in terms of B, or A and B are good in terms of A but bad in terms of B.” For a sustainable energy transition, the transition to renewable energy could take many forms, including a just transition for workers in the fossil fuel industry. However, not all stakeholders support the idea of a just transition, including union leaders. useful site Some union leaders argue that if fossil fuel companies are to exit the business and enter the
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In the context of a just transition, Sasol’s tradeoff between low-cost oil production and high-quality refining and marketing is a case study in the importance of prioritizing a just transition. This is the second in a series of articles on the topic. The South African state-owned Sasol Company has emerged as a leader in the global response to the climate crisis. In addition to its core business, Sasol has taken a leadership role in advocating for the development of clean energy technologies that will help transition fossil fuel-
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Sasol’s Tradeoff Considerations for a Just Transition are the strategic steps the company must take to ensure that it delivers on the goals of achieving the Paris Agreement targets and sustainable development objectives while reducing its overall environmental impact. This means taking a number of actions and making some difficult choices. 1) Transitioning to cleaner energies: Sasol is investing in developing clean energy technologies and transitioning its energy mix to clean fuels like LNG (liquid natural gas) and renewables. a fantastic read 2) Deliver
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Title: Sasol Tradeoff Considerations for a Just Transition: A Recipe for a Difficult Just Transition Case Summary: Sasol is an independent integrated energy and petrochemicals company, and has been operating for over 90 years. In the context of an energy transition that aims to reduce greenhouse gas (GHG) emissions, Sasol needs to find a just transition, which means transitioning the company from fossil fuel consumption to renewable energy. The company’s current production mix of
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Sasol tradeoff considerations for a just transition: a conversation with the former director general Sasol is a world leader in the production of petroleum-based materials, including diesel, jet fuel, and lubricants. At the same time, it is also a significant contributor to the environmental and social effects of its production, as well as its contribution to regional economic development. The recent Sasol sustainability report highlights that a transition to a low-carbon economy is necessary to mitigate the negative environmental and social impacts associated with the current
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Sasol Tradeoff Considerations for a Just Transition Marianne Matthee Amy Moore Anthony WilsonPrangley 2023 Section: Porters Five Forces Analysis As part of my master’s thesis, I conducted research and developed a report on the potential strategies that should be implemented by Sasol as it transitions to a more sustainable future. This paper aims to explore the challenges and opportunities involved in transitioning from an extractive industry towards a cleaner and more sustainable business model.