Credit rating agency Moody’s has revised its outlook on Sasol Limited from “stable” to “negative,” citing growing environmental compliance costs, lower global demand for petrochemicals, and declining crude oil prices. The agency did not downgrade Sasol’s credit rating but warned that further deterioration in market conditions could lead to a downgrade.

Sasol responded by reaffirming its commitment to long-term sustainability, including ongoing investments in green hydrogen and low-carbon energy solutions. The company’s share price dipped by 3% on the Johannesburg Stock Exchange following the announcement. Industry analysts believe Sasol’s strategy of diversifying its energy mix could safeguard it from long-term volatility, but they stress the need for accelerated implementation of climate-aligned projects.