7. Corporate governance
7.3 Other information7.3 Other information
7.3.1 Ethics and Compliance
Conducting all aspects of Sodexo’s business with the highest standards of ethics and integrity is essential to Sodexo’s purpose to create a better everyday for everyone to build a better life for all and constitutes a fundamental pillar of the Group’s Responsible Business Conduct commitments.
7.3.1.1 Ethics and Compliance governance
The Group Ethics and Compliance Committee ensures that business is conducted responsibly. It is co-chaired by the Group Chief Ethics Officer and the Group Chief Compliance Officer. Permanent members are: the Group Chief Impact Officer, the Group Chief Human Resources Officer, the Group General Counsel, the Group Chief Ethics Officer and the Group Chief Compliance Officer. The Chairwoman and CEO is present at every other meeting. The Committee may invite representatives of certain key functions such as Internal Control, Purchasing, Corporate Social Responsibility (CSR) and Communications to its meetings and involve them in its works.
A local network dedicated to Ethics and Compliance issues has also been deployed throughout the Group. This network draws up local risk mapping, adapts the Group’s overall program, and reports to the Group all information linked to local deployment.
This diagram shows Sodexo's ethics and compliance governance.
The Group Ethics and Compliance Committee forwards information to the Region Ethics and Compliance Committees and to the Group Ethics and Compliance Committee.
The Regional Ethics and Compliance Committees roll out the culture and disseminate the program to the Group Ethics and Compliance Committee, and report regularly to the Region Executive Committees.
The Group Ethics and Compliance Committee reports regularly to the Sodexo Leadership Team.
The Leadership Team is responsible for ensuring the commitment of the top management to an ethical culture, and must report through the Region executive Committees and the Country Executive Committees.