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Sodexo recognised as industry leader by the Dow Jones

21st Sep 2010 - 00:00
Abstract
Sodexo has been recognised by the Dow Jones Sustainability Index (DJSI) for the sixth time as the global leader for its industry segment, "Hotels, Restaurants, Bars & Recreational Services" for the year 2010-2011.
It received an overall score of 82% from the ratings agency, SAM (Sustainable Asset Management), based on an assessment of its economic, social and environmental performance. The average overall score for sector businesses was 56%. And Sodexo received a score of 89% for environmental performance, compared with an industry average of 49%; 86% for economic performance, compared with an industry average of 68% and 77% for social performance, compared with an industry average of 52%. The company has also been listed in the Dow Jones Sustainability Index (DJSI) World and DJSI STOXX Indexes for the sixth consecutive year since its initial inclusion in the DJSI in 2005. The DJSI is revised annually to reflect progress made by companies in combining economic and financial performance with a commitment to sustainable development. Analysis is based on specific criteria including a company's governance, risk management, environmental impact and social practices with regard to it suppliers and clients. Michel Landel, chief executive of Sodexo said: "We are proud to be recognised for the sixth year as the global leader in our industry. This ranking encourages us to continue our efforts to improve our overall financial, economic, social and environmental performance. "During the very difficult environment of these past two years we have succeeded in increasing the level of employee engagement by 7%; our employee survey also shows that 85% of our employees consider Sodexo to be a better employer than its competitors. "In 2009, we put in place a new roadmap,'The Better Tomorrow Plan,' to strengthen our performance in sustainable development and measure the impact of our actions, setting three priorities (Nutrition, Health and Wellness, Local Communities and the Environment). "Sodexo continues in the mission it has had since 1966: to improve the Quality of Daily Life and to contribute to the economic, social and environmental development of the communities, regions and countries in which we operate."
Written by
PSC Team