Universal Registration Document Fiscal 2025

2 Sustainability at Sodexo

Foster a culture of environmental responsibility within workforces and workspaces

Embedding sustainability into daily habits is as critical as setting ambitious climate targets. At Sodexo, we believe that empowering our people with the right knowledge and skills is the cornerstone of lasting change.

By Fiscal 2025, 87% of on-site managers and senior leaders are trained in sustainable practices, equipping them to translate strategy into tangible action on the ground. This milestone reflects years of investment in awareness campaigns, digital learning platforms, and operational toolkits that enable employees to act as sustainability ambassadors in their daily roles.

One concrete example is our “Vegetalizing Masterclasses”, launched in 2023 in Continental Europe, in partnership with the Lenôtre Culinary Arts School and Humane World for Animals. These masterclasses equip Sodexo chefs and catering teams with the skills to design delicious, plant-forward meals that accelerate the shift toward low-carbon diets. Going beyond recipes, they inspire chefs to become sustainability champions, sharing their knowledge with colleagues, clients, and consumers, multiplying the impact of each training session.

Training has therefore gone hand-in-hand with practical initiatives, from food waste prevention and sustainable sourcing to energy efficiency and responsible consumption practices in workplaces. By embedding sustainability into job expectations and leadership accountability, Sodexo ensures that sustainability is not a separate program, but part of the way we work and deliver services.

Source responsibly and provide management services that reduce carbon emissions

From ambition to action, Sodexo has transformed its climate commitments into measurable progress across its value chain. Over the years, our climate journey has been marked by clear milestones, continuous learning, and concrete levers of action. Since setting our first greenhouse gas reduction target in 2010, we have progressively matured in our approach, and learned to manage climate-related impacts while delivering tangible reductions in our carbon footprint.

By Fiscal 2025, Sodexo achieved a -19.3% absolute reduction in total GHG emissions (Scopes 1, 2 & 3) compared to our 2017 baseline, representing a significant step forward in decarbonizing our operations and value chain. Importantly, we reached and even exceeded our Better Tomorrow 2025 target of -34% reduction for Scopes 1 & 2, underscoring the effectiveness of our decarbonization measures across direct operations.

While Scope 3 emissions, representing 99% of Sodexo’s carbon footprint, remain the most challenging to address, our -19.1% reduction since 2017 represents a real and unprecedented advancement in our sector, reflecting systemic progress in areas such as responsible sourcing, logistics, waste management, and employee mobility.

Looking at carbon intensity, Sodexo has gone beyond its initial ambition, achieving reductions above -34% across Scopes 1, 2, and 3 combined, demonstrating continuous efficiency gains and the decoupling of business growth from emissions.

This progress stems from scaling practical solutions across our ecosystem: from sustainable sourcing and operational efficiency, including energy and food waste reduction through WasteWatch, to low-carbon service design and collaboration across our value chain to accelerate innovation and shared impact.

Anchored in science-based targets validated by the SBTi and aligned with a Net Zero trajectory by 2040, Sodexo’s climate strategy goes beyond compliance, positioning the Group as a trusted partner helping clients achieve their own climate ambitions while contributing to global decarbonization goals.

Champion sustainable resource usage

Natural resources are under unprecedented pressure. Today, food systems account for around one-third of global greenhouse gas emissions and consume 70% of the world’s freshwater resources, while an estimated one-third of all food produced is lost or wasted each year. Reducing food waste is therefore one of the most powerful levers to fight climate change, preserve biodiversity, and strengthen global food security.

As a leading global food services provider, Sodexo plays a pivotal role within the food system by connecting producers, suppliers, clients, and consumers every day. This position gives us both a responsibility and a unique opportunity to drive systemic change. Through our Better Tomorrow 2025 commitments, we have made it our ambition to champion sustainable resource usage across our entire value chain, with a strong emphasis on food waste prevention as well as responsible water and energy management.

At the heart of this journey is our flagship WasteWatch program, deployed progressively since 2015 and now embedded as a global standard for our food services. By equipping sites with digital tools and practical processes to measure, monitor, and prevent waste, WasteWatch has driven significant operational and behavioral change across kitchens and dining services.

By Fiscal 2025, Sodexo achieved a 47.6% reduction in food waste. While this result falls just short of our ambitious -50% target, it nevertheless represents a major progress and a substantial environmental gain. Equally important, we met our deployment objective, with WasteWatch rolled out to sites representing 85.4% of Sodexo’s food raw material cost, ensuring long-term, systemic impact across our operations. This achievement reflects both the maturity of our systems and the unwavering engagement of our teams worldwide. Food waste reduction is also embedded in Sodexo’s financing structure through our sustainability-linked credit facility and in the compensation policy for our leadership team, underscoring accountability at every level.

The impact is tangible: millions of meals’ worth of food saved, thousands of tons of GHG emissions avoided, and significant water resources preserved. Through our Stop Hunger partnerships, food surplus is also redirected to communities in need, further amplifying the social impact of our actions.

Beyond food waste, Sodexo is advancing responsible resource use across its operations, from water conservation and efficient equipment to sustainable sourcing and waste stream optimization. Together, these efforts reinforce our ambition to operate within planetary boundaries, making every resource count and creating value for clients, consumers, and the planet.