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European Climate Pact

Overview

Location

France

Sector

Tourism and hospitality

Organisation type
Business

Company Information

Sodexo is a French business active in food, personal services and facilities management. It is headquartered in Issy-les-Molineaux, France. In 2021, it reported a total of 412,000 employees and a revenue of 17.4 billion Euro.

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Sodexo has a target to reduce absolute scopes 1 and 2 CO2e emissions 34% by 2025 from a base year of 2017

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have a company-wide GHG emissions reduction target
  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy consumption
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

​​​​​​MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

 

Energy

North Star

  • Sodexo has a company-wide target to consume 100% of electricity from renewable sources by 2025 from a baseline of 4.81% renewable electricity consumption in 2017

​​​​​​​Pledge: Have a target for 100% renewable electricity consumption by no later than 2050, in line with the RE100 technical criteria 

​​​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

 

Forests

North Star

  • Sodexo have a public no deforestation (forests-related) commitment that is set to be completed within the timeframe 2021-25 with a cut-off date of 2020. The commitment covers 100% of Timber products production and consumption and applies to their direct operations and supply chain. It is FPIC-based (Free, Prior and Informed Consent of indigenous people). Sodexo have a public no deforestation (forests-related) commitment that is set to be completed within the timeframe 2021-25 with a cut-off date of 2020. The commitment covers 100% of Palm oil production and consumption and applies to their direct operations and supply chain. It is FPIC-based (Free, Prior and Informed Consent of indigenous people). Sodexo have a public no deforestation (forests-related) commitment that is set to be completed within the timeframe 2026-2030 with a cut-off date of 2020. The commitment covers 100% of Cattle products production and consumption and applies to their direct operations and supply chain. It is FPIC-based (Free, Prior and Informed Consent of indigenous people). Sodexo have a public no deforestation (forests-related) commitment that is set to be completed within the timeframe 2026-2030 with a cut-off date of 2020. The commitment covers 100% of Soy production and consumption and applies to their direct operations and supply chain. It is FPIC-based (Free, Prior and Informed Consent of indigenous people)

​​​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Forests 2022

How we want to achieve this – our roadmap

  • Commit to zero gross deforestation
  • Set a quantifiable target for increasing the sustainable production and/or consumption of disclosed commodities as share of total
  • Support or implement projects focused on ecosystem restoration and protection beyond no deforestation
  • Work with smallholders along the company's value chain to support good agricultural practices and reduce deforestation or conversion of natural ecosystems through financial or technical assistance
  • Publicly disclose data on forest-related impact to investors through a public platform
  • Have a publicly available forest policy, with well-defined goals and targets, that is used to inform internal decision-making
  • Have board-level oversight of forests-related issues
  • Assess company and suppliers' compliance with forests regulations and/or mandatory standards when sourcing commodities from regions with high deforestation risk 
  • Have a no-deforestation policy that checks the following criteria: general or commodity-specific, publicly available, and company-wide

​​​​​​​​​​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Forests 2022

 

Water

Our actions – the Pathway

  • Publicly disclose data on water-related impact to investors through a public platform
  • Have board-level oversight of water issues
  • Regularly monitor and measure key water security metrics at least for 75% of the company's facilities​​​​​​​

​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Water 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals​​​​​​​

​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022