Sasol has invited experienced companies to work with it on developing carbon offsets, in South Africa and the SADC region.
Interested parties must express interest to the company by November 13. The first step is to participate in a request for information. Sasol will publish the RFI on its Ariba platform in the week after the deadline.
The South African chemical company said it wanted to find partners involved in carbon offset plans at any stage of development. Projects should focus on emission reductions in otherwise overlooked areas.
The examples Sasol gave included domestic energy efficiency, waste and agriculture, forestry and other land use.
The company said this plan was part of its ambition to meet Paris Agreement goals. In particular, it aims to “generate and make available” carbon credits.
Sasol aims to reduce its greenhouse gases through a range of mitigation efforts. The Future Sasol aims to ensure longer term sustainability for a future where carbon emissions are constrained.
Carbon offsets will play a role after “every effort” has been made to reduce emissions in the first place, Sasol said, citing the Paris Agreement.
The company has set a three to five year goal of ensuring resilience in a lower-carbon future, while one of its immediate priorities is investigating new ways to reduce emissions.
It aims to reduce at least 10% of greenhouse gas emissions by 2030, from 2017. It will release an emissions reduction roadmap to 2050 next year.
Sasol has previously expressed interest in storing CO2 from its coal-to-liquids (CTL) plants. The company’s Secunda plant is the single largest source of carbon emission in the world. It has also considered CO2 sequestration in coal-bed methane (CBM) work.
Register for free to join Energy Voice’s virtual Energy Transition Idea Exchange (ETIDEX) summit on November 19 at www.etidex.co.uk