Sodexo Joins Ceres Network of Companies
Sodexo, Inc., a leading integrated food and facilities management services company in the U.S., Canada and Mexico, has been approved as a member of Ceres’ corporate network. Headquartered in Maryland, Sodexo North America is among more than 80 member companies that are part of the Ceres network of companies. Ceres, a leading coalition of investors, environmental groups and public interest organizations, works with companies to address a variety of sustainability challenges, including global climate change.
“Sodexo is undertaking strong steps towards creating an effective sustainability program that addresses human rights and labor concerns as well as its environmental performance,” said Ceres president Mindy Lubber. “We look forward to working with the company to deepen its social and environmental commitments which have the potential to influence its thousands of suppliers, facilities and clients.”
Sodexo serves more than 10 million customers daily in North America, at corporations, health care, long-term care and retirement centers, schools, college campuses, government and remote sites.
“Sodexo recognizes that values-based decision-making and sustainability considerations are increasingly important for consumers and businesses,” says George Chavel, President and Chief Executive Officer of Sodexo in North America. “We look forward to working with Ceres to benefit from a diverse group of stakeholders who challenge us to improve sustainability performance, who inspire us to lead our industry, and with whom we can continue to set high standards for companies in our space.”
Sodexo has instituted various initiatives and has made fourteen specific commitments to improving sustainability performance by 2015 and beyond. These efforts include:
- Establishment of a global human rights policy that outlines key commitments to employee growth and diversity, an ethical supply chain, client partnership, health and well-being of consumers, and community development.
- Development of a formal climate change mitigation strategy to reduce the carbon intensity of its business, client sites, and supply chain substantially by the year 2020. This strategy includes reducing energy use, investing in energy efficiency and renewable generation in operations and client sites, and streamlining logistics in its supply chain.
- Development of strategies to reduce the water use intensity of its business, client sites and within the most at risk parts of its supply chain by 2020.
- Commitment to reduce the materials used and waste generated at its sites and in its own operations substantially by 2020 by reducing purchases of disposables, paper and consumables, reducing food waste, and through recycling programs.
Sodexo has charged senior management with carrying out its sustainability initiatives, and its performance is led by a corporate social responsibility committee, chaired by the President and CEO and made up of senior executives from across the company.
Companies that join Ceres must make continuous strides in improving their sustainability performance and reporting practices by engaging with investors, environmental groups, and other stakeholders.
Founded in 1989, Ceres is a leading network of investors, environmental groups and other public interest organizations working with companies to address sustainability challenges. Ceres also directs the Investor Network on Climate Risk (www.incr.com), comprised of over 80 institutional investors who collectively manage nearly $7 trillion in assets. For more information, visit www.ceres.org.
About Sodexo, Inc.
Sodexo, Inc. (www.sodexoUSA.com) is a leading integrated facilities management services company in the U.S., Canada, and Mexico, with $7.7 billion (USD) in annual revenue and 120,000 employees. Sodexo serves more than ten million customers daily in corporations, health care, long term care and retirement centers, schools, college campuses, government, and remote sites. Sodexo, Inc., headquartered in Gaithersburg, Md., is a member of Sodexo Group, and funds all administrative costs for the Sodexo Foundation (www.sodexofoundation.org), an independent charitable organization that, since its founding in 1999, has made more than $11 million in grants to fight hunger in America.