Sodexo joins the “World Most Ethical Companies” recognized by Ethisphere

Sodexo joins the “World Most Ethical Companies” recognized by Ethisphere

Issy-les-Moulineaux, March 4th, 2024  

Sodexo is very proud to announce its presence among the “2024 World’s Most Ethical Companies” for the first time. This list, issued by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, honors companies demonstrating business integrity through best-in-class policies and practices.

This year, a total of 136 honorees were recognized spanning 20 countries and 44 industries. Sodexo is the only honoree in the Food services industry in 2024. The evaluation criteria to be distinguished as one of the World’s Most Ethical Companies encompass:

• Ethics Program
• Culture of Ethics
• Corporate Citizenship and Responsibility
• Governance
• Third Party Management.

Sodexo's inclusion in this ranking highlights how the Group's robust ethical culture, deeply rooted in its core values,translates in solid ethical behaviors across its operations. 

Sophie Bellon, Chairwoman of the Board of Directors and CEO of Sodexo, said: “We are incredibly honored by this first ever recognition of Sodexo as one of the “World’s Most Ethical Companies” by Ethisphere. We have strong company values and ethical principles. Ethical business conduct is the cornerstone of the trust we build with all our stakeholders and what makes us a trusted business partner for our clients. It serves as a foundation for our ambition to become the leader in sustainable food and valued experiences.”

Philippe Symons, Chief Ethics Officer of Sodexo, said: “Every day, as a responsible company, we strive to ensure that our teams’ business conduct is fully aligned with the highest ethical standards. That is why we are very proud to be a part of this prestigious list."

“Companies that elevate best-in-class cultures of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow. Congratulations to Sodexo for achieving this honor and demonstrating that strong ethics is good business.” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair.

Ethics & Performance
The listed 2024 World’s Most Ethical Companies Honorees outperformed a comparable index of global companies by 12.3 percentage points from January 2019 to January 2024.

Methodology & Scoring
The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient, an extensive questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social, and governance (ESG) practices; ethics program; diversity, equity, & inclusion; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify truly best-in-class ethics practices from organizations across industries and from around the world.