Fiscal 2022 Corporate Responsibility Report

2. CORPORATE RESPONSIBILITY AT SODEXO

Local responses to fight climate change

Our impact on the environment

Since 2019, Sodexo has been focused on an ambitious goal (approved by SBTi) of reducing carbon emissions by 34% by 2025, compared to 2017, across the three scopes. The motivation and creativity of its employees puts the Group on the right track.

Climate change awareness is widespread, and all of our stakeholders are taking action. The Group's global presence and its various business units allow for synergies to inspire and make progress. In order to limit the impact of their activities on the climate, Sodexo's countries are developing a number of programs and initiatives. Dialogue and sharing of good practices and synergies between countries creates a true spirit of competition and collaboration, enabling rapid progress.

Local goals endorsed by the SBTi

In October 2021, Sodexo in the United Kingdom and Ireland announced their comprehensive roadmap to net zero and decarbonisation of the business by 2045. The teams worked with international experts following recommendations from the Science Based Targets Initiative (SBTi) to ensure that this net zero strategy is comprehensive and transparent. The next step will be to reduce carbon emissions across all three scopes by 55% by 2030. The final step is decarbonisation of the entire United Kingdom and Ireland business, with 90% of all carbon emissions cut across all three scopes, including suppliers and client sites linked emissions. These two objectives have been approved by the SBTi.

The objective set by Sodexo Benefits & Rewards in Belgium, of a 64.9% reduction in emissions in 2030 compared to 2019, was also approved by the SBTi in 2022.