Sodexo Joins G7 Business for Inclusive Growth (B4IG) Coalition
In 2018, Sodexo undertook an internal Gender Balance Study to expand previous research on the business case for parity in the representation of men and women in senior managerial positions.
Women currently make up 37 per cent of Sodexo's Executive Committee, and 54 per cent of members on its Board of Directors, with the company actively encouraging their increased participation in "gender networks" across its global organisation.
Sodexo has also committed to increasing senior female representation to 40 per cent by 2025, a target that is linked to 10 per cent of the annual bonuses which are paid to senior executives.
Peter T. Grauer, Chairman of Bloomberg and the Founding Chairman of the U.S. 30% Club, added:
“We applaud Sodexo and the other 229 firms tracked by the index for their action to measure gender equality through the Bloomberg GEI framework.
“Sodexo’s GEI inclusion is a strong indicator to its employees, investors and industry peers alike that it is leading by example to advance ongoing efforts for a truly inclusive workplace."