Sodexo Tops Dow Jones Sustainability Index for 10th consecutive year
September 15, 2014
Sodexo, world leader in Quality of Life Services, was named Global Sustainability Industry Leader in its sector for the 10th year in a row by the Dow Jones Sustainability Index, the longest-running global sustainability benchmark worldwide and the key reference point in sustainability investing for investors and companies alike.
The annual DJSI review is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, climate strategy, environmental policy/management systems, supply chain standards and labor practices. The company earned a perfect (100) score for the positive local impact of its business operations around the world. Sodexo also earned the highest score in its industry in the social pillar.
Sodexo has been a member of the Dow Jones Sustainability Index (DJSI) World and DJSI Europe (formerly STOXX) since 2005. S&P Dow Jones Indices works in partnership with RobecoSAM, the investment specialist focused exclusively on Sustainability Investing that tracks the performance of the leading sustainability-driven companies worldwide.
“Sodexo has consistently ranked as the leader in its industry, demonstrating that the company is not resting on its accomplishments but instead dedicated to continuous improvement based on the company’s founding principles to improve quality of life and contribute to the economic, social and environmental development of the communities, regions and countries in which it operates,” said Manjit Jus, Sustainability Operations Manager, RobecoSAM. “As one of only a handful of companies to top their industry for 10 years or more, Sodexo has consistently evolved ahead of the standards, creating value for its clients, consumers, suppliers, local communities and other stakeholders as part of its business model.”
“This recognition is a great honor for Sodexo,” said Damien Verdier, Sodexo Group Chief Marketing and Strategic Planning Officer “Corporate Responsability has been a principle underpinning the Group’s development since we were founded in 1966. Over the past 10 years revenues rose more than 50%, we grew by more than 110,000 people and strengthened our international presence, while remaining the industry leader with respect to our economic, social and environmental achievements.”
“Human resources is a leading factor in competition. By developing policies focused on improving the Quality of Life of women and men at all levels of the organization, we are stronger, more innovative and better at what we do,” said Elisabeth Carpentier, Sodexo Group Chief Human Resources Officer. “We are proud to be recognized by DJSI as a leading socially responsible and inclusive company.”
Some of Sodexo’s additional 2014 achievements in corporate responsibility include:
Sodexo was ranked as the best-performing company for social, environmental and economic performance in the benchmark RobecoSAM ‘Sustainability Yearbook 2014’. Sodexo achieved the highest overall score in its peer group, 80 percent (compared to a sector average of 48) and was the only company in the sector named Gold Class.
The United Nation’s Global Compact recognized Sodexo at their highest (Advanced) level; reserved for companies that strive to be top reporters and declare that they have adopted and report on a broad range of best practices in sustainability governance and management according to the Global Compact's Blueprint for Corporate Sustainability Leadership.
Sodexo US is the only company to have been in the top two of the DiversityInc .Top 50 for five years in a row. The company was recognized for its use of diversity dashboards and scorecards to accurately measure and improve initiatives, it’s streamlined and valuable metrics that enable its top leadership to move the needle and are used to show other organizations, including its clients, how to grow and assess diversity initiatives.