Home / Corporate Responsibility / Sodexo retains top spot on Dow Jones Sustainability Index

Sodexo retains top spot on Dow Jones Sustainability Index

Sodexo has been named the top rated company in its sector on the Dow Jones Sustainability Index (DJSI), for the 14th consecutive year.

The food services and facilities management company had the highest score in its industry across a number of areas, including local impact of business operations, human capital development and environmental policy & management systems.

Through its Better Tomorrow 2025 corporate responsibility roadmap, Sodexo is concentrating its efforts in the sustainability space, notably through three areas of focus:

  • Working with local and small businesses and contributing to local economies through its Partner Inclusion Program, which aims to deliver 10 billion euros of business value to local merchants and supply partners by 2025.  Sodexo delivered 1.9 billion euros of business value in 2017 to thousands of local businesses around the world helping them build capacity, implement standardised processes and supporting their access to global markets.
  • Promoting gender balance with a target of having at least 40 per cent women among its senior leaders by 2025. Research has shown that gender balanced teams outperform less diverse ones. Based on proprietary studies, teams with a male/female ratio between 40 per cent and 60 per cent delivered the best financial performance, employee engagement, brand awareness and client retention.
  • Tackling waste by engaging with clients and supply partners to provide innovative solutions on food waste through the deployment of the program WasteWatch powered by the LeanPath. This program has been proven, on average, to reduce food waste by up to 50 per cent. Sodexo’s objective is to scale the program to 70 per cent of our food sites by 2020, targeting 100 per cent by 2025.

Neil Barrett, Sodexo Group Senior Vice President, Corporate Responsibility, commented:“We’re honoured to be recognised once again this year as the leader in our industry. It speaks volumes to the efforts of our 460,000 employees around the world who work with our clients to support their sustainability agendas. Sodexo’s achievement today once again illustrates our commitment to have a positive impact on the quality of life of people, to contribute to the communities where we operate, and to leave a healthy planet for us all to share.”

The DJSI is an independent globally-recognised sustainability benchmark that evaluates the performance of over 3,400 listed companies across economic, social and environmental dimensions. It assesses issues such as corporate governance, risk and crisis management, climate strategy, environmental policy/management systems, supply chain standards, labor practices and philanthropic activities.

 

About Sarah OBeirne

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