Sodexo ranked #2 for gender balance within its governing bodies among top French publicly-listed companies
Paris, December 6, 2018 - Sodexo, world leader in Quality of Life Services, ranked #2 for gender balance within its governing bodies among all publicly-listed companies on the SBF 120 French stock market index. The ranking (the Palmarès de la féminisation des instances dirigeantes) is published by the French State Secretary for gender equality and the fight against discrimination, and concerns gender balance in the company's top management.
For Sodexo, it is vital at every level of an organization to support, serve and promote the cause of diversity. It is precisely for this reason that the Chairwoman and the CEO of Sodexo work together around the belief that "when we stand together, we all do better."
Gender equality is a strategic imperative for Sodexo. With women making up 37% of Sodexo's Executive Committee and 54% of its Board of Directors, a powerful internal gender balance study and strong gender networks throughout the global organization, the group's commitment to gender equality is at the heart of its strategy and performance.
Sodexo surveyed 50,000 of its managers from over 70 entities as part of its Gender Balance Study, which revealed that teams with a male-female ratio of between 40 and 60 percent out-performed on financial and non-financial indicators. Sodexo's goal is that by 2025 women will represent at least 40 percent of its senior leadership staff. To ensure that all senior executives-both men and women-understand the value placed in reaching this goal, 10 percent of their annual bonus is impacted by their progress toward meeting it.
To reach this goal, Sodexo has established a global strategy for gender equality, in order ensure opportunities for the advancement of women. This strategy forms the basis for a number of initiatives, including inclusive workplace training, mentoring, and gender networks throughout the Group. The cornerstone of this strategy is the SoTogether advisory board, which is dedicated to promoting women's professional advancement, and more broadly, gender equality on the global scale.
To find out more about Diversity & Inclusion at Sodexo, please click on: Sodexo.com/gender-balance
Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in services that improve Quality of Life, an essential factor in individual and organizational performance. Operating in 72 countries, Sodexo serves 100 million consumers each day through its unique combination of On-site Services, Benefits and Rewards Services and Personal and Home Services. Sodexo provides clients an integrated offering developed over more than 50 years of experience: from foodservices, reception, maintenance and cleaning, to facilities and equipment management; from services and programs fostering employees' engagement to solutions that simplify and optimize their mobility and expenses management, to in-home assistance, child care centers and concierge services. Sodexo's success and performance are founded on its independence, its sustainable business model and its ability to continuously develop and engage its 460,000 employees throughout the world.
Sodexo is included in the CAC 40, FTSE 4 Good and DJSI indices.
Key figures (as of August 31, 2018)
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