Fiscal 2022 Corporate Responsibility Report

2. CORPORATE RESPONSIBILITY AT SODEXO

Our Climate Strategy

Reducing its environmental impact at all levels of the value chain is the ambition Sodexo set itself ahead of all other companies in its sector. Driven by its desire to be a responsible partner to its clients and suppliers with common sustainability goals, Sodexo has been working with the WWF since 2010 to understand, measure and reduce its environmental footprint.

Since then, Sodexo has measured its greenhouse gas emissions annually, starting with scopes 1 and 2, recording a 40% reduction between 2011 and 2017. In 2019, the Group began monitoring indirect emissions from scope 3 emitted by its supply chain, representing the main potential for improving its environmental performance and finally in 2022, the measurement of scope 3 emissions related to the energy used on its clients' sites completes the carbon footprint.

Since 2019, this approach has enabled Sodexo to become the first food service company with an objective to reduce its carbon emissions by 34% in 2025 compared to 2017 approved by the Science Based Targets initiative (SBTi). This objective is aligned with a 1.5°C trajectory from the Paris Agreement.

The Group has also become a member of the RE100 through its commitment to achieving 100% renewable electricity in its direct operations by 2025.

A local low-carbon solution to support the Group’s objectives

To help its operational teams achieve the Group’s carbon reduction objectives in more than 50 countries, Sodexo provides them with a low-carbon strategy analysis and planning solution developed by its partner, Traace: Carbon Trajectory Tool.

Through organizational modeling and country-specific data, this tool offers a personalized action plan based on the identification of the main sources of carbon emissions and the efforts that can

be made to reduce them. Via this solution, CSR managers can choose from a catalog of existing actions or create complex carbon reduction plans and quantify their impact before launching their program.

By empowering countries to achieve their sustainability goals independently, the Carbon Trajectory Tool allows the Group to increase its positive impacts.