2.1. Corporate responsibility at Sodexo
2.1.2 CSR governanceCSR governance
Corporate responsibility is central to Sodexo’s activities and forms part of its mission.
Responsible governance is essential in defining the Group’s CSR approach (Corporate Social Responsibility), taking the issues of all stakeholders into account. It ensures compliance with standards and regulations on sustainability and the protection of people and planet, while monitoring the Group’s non-financial
performance indicators. CSR governance must also identify and manage the risks associated with social, environmental and ethical issues. All this information is regularly shared with the Board of Directors and the Sodexo Leadership Team (SLT). This year, CSR issues were discussed twice at Board of Directors’ meetings and 5 times at SLT meetings. The Group Chief Impact Officer presented Sodexo’s progress and future commitments on corporate responsibility.
The Impact Department plays a central role within CSR governance and aims to ensure that Sodexo’s purpose, values and commitments to CSR are continuously reflected in the services it delivers. Impact management is key to promoting corporate responsibility and transparently sharing Sodexo's impact on people and the planet with internal and external stakeholders.
Creation of Impact Department
Decide on the guidelines of the CSR approach
by integrating them into the Group strategy and ensuring implementation at all levels of the organization.
Develops global CSR strategic orientations
and monitors progress.
Deploy strategic initiatives
People in charge of the various CSR topics are appointed at local level to support progress and the deployment of sustainable practices. They are the preferred points of contact for all matters related to the programs and respective initiatives.
Financial independence ensured through the founding family shareholding
Sodexo’s independence allows the Group to maintain a long-term vision and strategy and to guarantee the Company’s sustainability. The consistency of Sodexo’s commitment to develop an integrated quality offering, to maintain sustainable relationships with all our stakeholders and to build an international organization with strong management reflects this vision.
(1) Double reporting: Impact and Human Resources Departments.