Wages of syn: Sasol’s carbon troubles stack up
Two latest legal bids add to mounting pressure on the synfuels giant to curb its emissions
Climate change concerns are gaining traction and ranking increasingly higher on the corporate agenda. And Sasol, a synfuels and chemicals group, is directly in the firing line.
It’s hardly surprising given that Sasol’s synfuels plant in Secunda is the single largest point of emissions in the world.
Once a state-owned company, Sasol’s pioneering technology turned SA’s plentiful coal resources into fuel at a time when the apartheid regime faced sanctions and energy security was at risk...