Universal Registration Document Fiscal 2025

2 Sustainability at Sodexo

On-site resource efficiency
IMPACT AND STRATEGIC RESPONSE

Optimizing how we use resources is central to our climate transition strategy. We are minimizing food and non-food waste, improving water efficiency, especially in water-stressed areas, and collaborating with clients to manage site energy more effectively. These actions reduce our environmental footprint while enhancing operational resilience and cost efficiency. This pillar directly tackles GHG emissions, through more efficient energy, water, and waste management at our sites.

COMMITMENTS AND TARGETS
  • 100% renewable electricity in its direct operations by 2025 and beyond. Sodexo joins the Climate Group's RE100 initiative, in line with its commitment to switching to 100% renewable electricity by 2025 at its directly operated sites (scope 1 & 2). RE100 is a global initiative bringing together the world's most influential companies leading the transition to 100% renewable electricity.
  • As part of our commitment to reducing Scope 1 emissions, Sodexo is actively transitioning its vehicle fleet toward low-emission alternatives with the following targets:
    • 20% of electric, hybrid or alternative fuel vehicles in the Sodexo fleet by the end of Fiscal 2025,
    • 35% of electric, hybrid or alternative fuel vehicles in the Sodexo fleet by the end of Fiscal 2026,
    • 80% increase in the share of electric, hybrid or alternative fuel vehicles by 2028 compared to Fiscal 2024.
  • Reduce food waste and transform organic waste into feedstock for other use (e.g., composting), supporting circular economy:
    • 85% deployment of the WasteWatch program by 2025, based on Food raw material costs,
    • -50% reduction of food waste by 2025 through the WasteWatch program.
  • Implement energy efficiency actions on client sites, train our teams and support client's transition to renewable electricity, switch to low emissions kitchen equipment and embed energy efficient operating procedures, move food production to offsite facilities: hub & spokes, central kitchens.
ACTIONS AND EXAMPLES

Renewable electricity in its direct operations

Since joining RE100 in 2021, when only 23.7% of Sodexo’s electricity in direct operations was sourced from renewables, the Group has pursued an ambitious trajectory of energy decarbonization. Over subsequent years, our renewable share has grown steadily, reaching 57.4% in Fiscal 2023, then 73.0% in Fiscal 2024, placing us on course toward our 2025 RE100 commitment.

In Fiscal 2025, Sodexo achieved a 97% renewable electricity share across direct operations, marking a significant milestone in our energy transition. This result underscores our ability to scale renewable sourcing rapidly and reinforces our leadership in the services sector. The remaining 3% reflects constraints in certain markets due to limited availability of renewable supply.

This progress has been driven by a combination of approaches:

  • a rigorous selection process of energy providers prioritizing renewable supply;
  • where direct sourcing is not feasible, the purchase of renewable energy certificates (RECs) to ensure carbon-neutral electricity;
  • strategic contracting and procurement across regions to maximize access to renewable grids and supplier commitments.