Universal Registration Document - Fiscal 2023

2. Corporate responsibility at Sodexo

2.5.5 Promoting local development, fair, inclusive and sustainable business practices

  FISCAL 2023 FISCAL 2022 CHANGE
% of Group revenues of countries having specific initiatives to integrate SMEs (Small and Medium Enterprises) into Sodexo’s Value Chain

% of Group revenues of countries having specific initiatives to integrate SMEs (Small and Medium Enterprises) into Sodexo’s Value Chain

FISCAL 2023

91.1%

% of Group revenues of countries having specific initiatives to integrate SMEs (Small and Medium Enterprises) into Sodexo’s Value Chain

FISCAL 2022

93.8%

% of Group revenues of countries having specific initiatives to integrate SMEs (Small and Medium Enterprises) into Sodexo’s Value Chain

CHANGE

-2.7 pts

Spend with SME suppliers (in billion euros)

Spend with SME suppliers (in billion euros)

FISCAL 2023

2.2

Spend with SME suppliers (in billion euros)

FISCAL 2022

1.7

Spend with SME suppliers (in billion euros)

CHANGE

+29.4%

% of certified sustainable coffee (in kg)

% of certified sustainable coffee (in kg)

FISCAL 2023

54.3%

% of certified sustainable coffee (in kg)

FISCAL 2022

50.4%

% of certified sustainable coffee (in kg)

CHANGE

+3.9 pts

% of spend with contracted suppliers having signed the Sodexo Supplier Code of conduct ☑

% of spend with contracted suppliers having signed the Sodexo Supplier Code of conduct ☑

FISCAL 2023

95.0%

% of spend with contracted suppliers having signed the Sodexo Supplier Code of conduct ☑

FISCAL 2022

95.6%

% of spend with contracted suppliers having signed the Sodexo Supplier Code of conduct ☑

CHANGE

-0.6 pt

The indicator “business value benefiting SMEs” was changed this year to “Spend with SME suppliers” to reflect On-site Services contribution, without Pluxee. On-site Services increased spend with SMEs across the business, led by significant increases in the United

States, France and Brazil. Inflation is also responsible for a portion of the increase in spend.

2.5.6 Sourcing responsibly and providing management services that reduce carbon emissions

  FISCAL 2023 FISCAL 2022 CHANGE
Sustainable fishing and aquaculture
% of certified sustainable fish and seafood as a % of total fish and seafood

% of certified sustainable fish and seafood as a % of total fish and seafood

FISCAL 2023

46.0%

% of certified sustainable fish and seafood as a % of total fish and seafood

FISCAL 2022

46.1%

% of certified sustainable fish and seafood as a % of total fish and seafood

CHANGE

-0.1 pt

% of sustainable fish and seafood which is sustainable as a % of total seafood (in kg)*

% of sustainable fish and seafood which is sustainable as a % of total seafood

(in kg)*

FISCAL 2023

81.3%

% of sustainable fish and seafood which is sustainable as a % of total seafood

(in kg)*

FISCAL 2022

85.3%

% of sustainable fish and seafood which is sustainable as a % of total seafood

(in kg)*

CHANGE

-4.0 pts

* As per Sodexo Sustainable Seafood Sourcing Guide.

  FISCAL 2023 FISCAL 2022 CHANGE
Protecting forests and peatlands  
Palm Oil  
% of certified sustainable palm oil (including RSPO credits, Mass Balance, Segregation and Identity Preserved)

% of certified sustainable palm oil (including RSPO credits, Mass Balance, Segregation and Identity Preserved)

FISCAL 2023

100.0%

% of certified sustainable palm oil (including RSPO credits, Mass Balance, Segregation and Identity Preserved)

FISCAL 2022

100.0%

% of certified sustainable palm oil (including RSPO credits, Mass Balance, Segregation and Identity Preserved)

CHANGE

 

% of physical certified sustainable palm oil (Mass Balance, Segregation and Identity Preserved) ☑

% of physical certified sustainable palm oil (Mass Balance, Segregation and Identity Preserved) ☑

FISCAL 2023

44.2%

% of physical certified sustainable palm oil (Mass Balance, Segregation and Identity Preserved) ☑

FISCAL 2022

42.3%

% of physical certified sustainable palm oil (Mass Balance, Segregation and Identity Preserved) ☑

CHANGE

+1.9 pt

% of physical certified sustainable palm oil (Mass Balance)

% of physical certified sustainable palm oil (Mass Balance)

FISCAL 2023

43.3%

% of physical certified sustainable palm oil (Mass Balance)

FISCAL 2022

41.4%

% of physical certified sustainable palm oil (Mass Balance)

CHANGE

+1.9 pt

% of physical certified sustainable palm oil (Segregation and Identity Preserved)

% of physical certified sustainable palm oil (Segregation and Identity Preserved)

FISCAL 2023

0.9%

% of physical certified sustainable palm oil (Segregation and Identity Preserved)

FISCAL 2022

0.9%

% of physical certified sustainable palm oil (Segregation and Identity Preserved)

CHANGE

0.0 pt

Paper  
% of spend on sustainable hygiene paper as a % of total hygiene paper (virgin certified or recycled sources) ☑

% of spend on sustainable hygiene paper as a % of total hygiene paper (virgin certified or recycled sources) ☑

FISCAL 2023

85.1%

% of spend on sustainable hygiene paper as a % of total hygiene paper (virgin certified or recycled sources) ☑

FISCAL 2022

81.7%

% of spend on sustainable hygiene paper as a % of total hygiene paper (virgin certified or recycled sources) ☑

CHANGE

+3.4 pts

% recycled hygiene paper

% recycled hygiene paper

FISCAL 2023

28.5%

% recycled hygiene paper

FISCAL 2022

2.9%

% recycled hygiene paper

CHANGE

+25.6 pts

% of spend on sustainable office paper as a % of total office paper (virgin certified or recycled sources) ☑

% of spend on sustainable office paper as a % of total office paper (virgin certified or recycled sources) ☑

FISCAL 2023

92.0%

% of spend on sustainable office paper as a % of total office paper (virgin certified or recycled sources) ☑

FISCAL 2022

77.6%

% of spend on sustainable office paper as a % of total office paper (virgin certified or recycled sources) ☑

CHANGE

+14.4 pts

% recycled office paper

% recycled office paper

FISCAL 2023

5.0%

% recycled office paper

FISCAL 2022

4.2%

% recycled office paper

CHANGE

+0.8 pt

Soy  
Number of direct (tier 1) animal product suppliers engaged and to whom Sodexo Commitment has been communicated in priority countries (Brazil and France)

Number of direct (tier 1) animal product suppliers engaged and to whom Sodexo Commitment has been communicated in priority countries (Brazil and France)

FISCAL 2023

29

Number of direct (tier 1) animal product suppliers engaged and to whom Sodexo Commitment has been communicated in priority countries (Brazil and France)

FISCAL 2022

 

Number of direct (tier 1) animal product suppliers engaged and to whom Sodexo Commitment has been communicated in priority countries (Brazil and France)

CHANGE

 

Beef  
% of raw/primary beef with known origin (country of slaughter)

% of raw/primary beef with known origin (country of slaughter)

FISCAL 2023

49.2%

% of raw/primary beef with known origin (country of slaughter)

FISCAL 2022

 

% of raw/primary beef with known origin (country of slaughter)

CHANGE

 

Number of direct (tier 1) raw/primary beef suppliers engaged and to whom Sodexo Commitment has been communicated

Number of direct (tier 1) raw/primary beef suppliers engaged and to whom Sodexo Commitment has been communicated

FISCAL 2023

4

Number of direct (tier 1) raw/primary beef suppliers engaged and to whom Sodexo Commitment has been communicated

FISCAL 2022

 

Number of direct (tier 1) raw/primary beef suppliers engaged and to whom Sodexo Commitment has been communicated

CHANGE

 

% of engaged suppliers with strategies aligned with Sodexo’s Deforestation and Conversion Policy

% of engaged suppliers with strategies aligned with Sodexo’s Deforestation and Conversion Policy

FISCAL 2023

25.0%

% of engaged suppliers with strategies aligned with Sodexo’s Deforestation and Conversion Policy

FISCAL 2022

 

% of engaged suppliers with strategies aligned with Sodexo’s Deforestation and Conversion Policy

CHANGE

 

Palm oil

The vast majority of Sodexo’s palm oil footprint comes from three products: margarine, frying oil and cooking oil. These products are the focus of Sodexo’s commitment on sustainable palm oil. In Fiscal 2023, the volume of palm oil contained in these products is 2,679 tons. Sodexo represents 0.003% of the estimated 2022 global palm oil market of 77.6 million tons.

Soy

Nearly all of Sodexo’s soy footprint is indirect. Indirect Soy refers to the soy used in animal feed for the products that Sodexo purchases (e.g. dairy, meat, etc.).

Sodexo’s global soy footprint in Fiscal 2023 is 124,646 tons, covering both direct and indirect soy.

Sodexo France and Brazil have been identified as priority countries due to high volumes of indirect soy and likely exposure to origins with a high-risk of deforestation and conversion.