 Sasol has a well-developed risk management capability. The principal risks of the Sasol group are summarised below. Details of our risk management process are provided in the corporate  governance section of the annual financial statements. Our main fi nancial  risks, including those related to the global economy and currencies and  commodity prices, are disclosed in our chief fi nancial officer’s review of  the annual fi nancial statements.* * Please see risk section (Item 3 D Risk factors) of the annual report as filed on the Form 20-F for more comprehensive disclosure on the material risks facing the Sasol group of companies. principal integrated risks 16 A major safety, health  or environmental (SH&E)  incident or liability. Context: While Sasol’s safety performance compares favourably with typical recordable case rate (RCR)  values for petrochemicals/chemicals operations (excluding mining), the improvement in our RCR in  2008 did not continue during 2009 and 2010. It has reached a plateau and in 2010 we had eight  fatalities. This is not acceptable and we remain committed to achieving our goal of zero harm. On  the environmental front, the recent oil spill in the Gulf of Mexico could result in even more stringent  safety requirements at drilling operations the world over. The development of facilities in new  territories presents a challenge to ensuring the appropriate accommodation of Sasol SH&E policies  and design standards. Mitigation: We manage our activities according to the philosophy of ‘zero exposure to harm’. All Sasol  operations are committed to meeting strict performance targets on safety and health, process safety  management, greenhouse gas (GHG) emissions, water management, energy efficiency and volatile  organic compounds. We regularly update and train our staff on these key SH&E requirements and  carry out internal and external audits to check compliance with SH&E regulations. Risk of not delivering  a viable carbon dioxide (CO$_{2}$) solution. Context: With increasing understanding of the causes and consequences of climate change, there are greater  global efforts to reduce GHG emissions. These include laws to reduce emissions, with possible  financial penalties for not doing so. Sasol’s processes make the group a significant emitter of GHGs.  Its growth aspirations rely on a viable CO$_{2}$ reduction solution being developed.  Mitigation: GHG reduction targets are in place and a sub-committee of the group executive committee  (GEC) has been established to provide direction on issues related to Sasol’s GHG reduction plans.  The group’s approach to reducing its GHG emissions is based on four pillars: increased use of low- carbon energy, increased use of renewable energy, improved energy efficiency at its operations and  implementation of carbon capture and storage (CCS). A new business unit, Sasol New Energy, has  been formed to manage the first three, and the fourth is being coordinated by a CCS project team. Viable superior or alternative  technologies from competitors. Context: Increasing environmental and energy security considerations mean that competition in our  industry is intensifying, with more public and private resources being committed to developing new  technologies. Mitigation: Numerous management controls are in place to mitigate this risk and enhance group operability.  A more robust risk impact scale for technology has been employed. Improved intelligence gathering  helps us identify and address competitor technologies. 