Round 2: Shareholders in new bid to force Sasol to reveal its lobbying activities

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Sasol recently revised its target to reduce greenhouse gas emissions by 30% by the year 2030.
Sasol recently revised its target to reduce greenhouse gas emissions by 30% by the year 2030.
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Two minority shareholders at Sasol have filed a second resolution calling for the chemicals and energy company to improve its disclosure of climate lobbying.

Climate lobbying involves firms trying to block regulations that would otherwise avert a climate crisis - either directly or through their trade associations.

Nonprofit shareholder activism organisation Just Share and Aeon Investment Management had previously co-filed a resolution requiring that energy and chemicals company Sasol outline its climate lobbying activities in its Climate Change Report (CCR) for 2022. Their resolution was to be tabled at the annual general meeting (AGM) on 19 November in order to be voted on.

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