Key questions shareholders should ask
- The 2016 NECER notes that environmental regulators have found that Sasol is not in compliance with some of the conditions of the Secunda refinery’s atmospheric emission licence. What steps has Sasol taken to ensure compliance with the conditions of its AEL? What is the current status of compliance with the conditions of the AEL at the Secunda refinery, and at other facilities?
- Environmental regulators have also found poor storage methods for hazardous waste at the Secunda refinery. What steps has Sasol taken to address this?
- In relation to Sasol’s current applications for further postponement of compliance with the minimum emission standards, what is the company’s plan should these postponement applications not be approved?
- How many sites operated by Sasol have been identified as investigation areas for contamination in terms of the NEM:WA?
- Has Sasol been directed to conduct site assessments in respect of these investigation areas? If so, have any remediation orders been issued by the Minister of Environmental Affairs or MEC following consideration of these site assessment reports?
- What is the estimated cost of contaminated land remediation?
- Have any of Sasol’s operations been inspected by the DEA, DWS, DMR, and/or provincial or municipal authorities for any other air quality, water and/or environmental compliance issues in the past financial year? If so, what were the findings of those inspections?
- Have any of Sasol’s operations been issued with any warning letters, pre-compliance notices, compliance notices, pre-directives or directives in terms of NEMA in the past financial year?
- Have any of Sasol’s operations been issued with any warning letters, notices, pre-directives or directives in terms of the NWA in the past financial year?