To define this Net Zero strategy, built on a comprehensive climate transition plan, Sodexo initiated, in Fiscal 2021, a structured approach based on a standardized global climate risk assessment methodology to enable the identification and prioritization of material climate-related risks and opportunities.
Following this analysis, supported by scenario modelling designed to mitigate challenges and leverage opportunities across our operations and value chain, Sodexo developed its Net Zero strategy. This strategy is fully aligned with EU regulations and the Paris Agreement’s 1.5°C goals. Our transition plan integrates robust governance, operational transformation, stakeholder engagement, and comprehensive risk management, ensuring a CSRD-compliant approach.
The plan has been formally reviewed and approved by the Board of Directors and members of the Sodexo Leadership Team. This demonstrates that climate action is overseen at the highest level of governance. The Group strategy team was an active stakeholder during the creation of the Climate Transition Plan, which ensured full alignment with the company’s strategic ambition and the acceleration of the Food services transformation.
It sets out a clear, time-bound decarbonization pathway, underpinned by interim and long-term targets for 2030 and 2040, along with a detailed implementation roadmap. To ensure its robustness and effectiveness, dedicated financial resources have been allocated to this work.
Material sustainability matters related to ESRS E1 Climate change are :
- Resilience and adaptation to climate change ;
- GHG emissions and energy.
Policies adopted to manage those material sustainability matters, corresponding actions, resources and targets are fully embedded in Sodexo's Climate transition plan and the 3 strategic core pillars that sustain Sodexo Climate & Nature strategy, described in section 2.2.2 Environmental information and summarized as follows :
Sodexo climate transition plan in order achieve Net Zero by 2040
Climate & Nature core pillars
Responsible sourcing
Policies
Sodexo commitment to protect forests and peatlands
Targets and commitments
- Deforestation and conversion free supply chain globally by 2030 for palm oil, soy, beef and paper products
- Encouraging and supporting suppliers to set Science-Based Targets aligned with the 1.5°C trajectory
Sustainable eating
Policies
Sodexo sustainability position paper - Low carbon meals
Targets and commitments
- 70% low-carbon main dishes in centrally planned menus by 2030
- 33% plant-based main dish recipes in its menus by 2025
On-site resource efficiency
Policies
No specific policy from this pillar is linked to ESRS E1
Targets and commitments
- 100% renewable electricity in its direct operations by 2025 and beyond
- 80% increase in the share of electric, hybrid or alternative fuel vehicles by 2028 compared to Fiscal 2024
- Food waste reduction: 85% deployment of the WasteWatch program by 2025 -50% reduction of food waste by 2025
- Implement energy efficiency actions, train teams and support client's transition to renewable electricity