PARIS--(BUSINESS WIRE)--Regulatory News:
Sodexo (PARIS:SW) (OTCBB:SDXAY), a world leader in Quality of Daily Life Solutions, was honored for its longstanding commitment in the fight against hunger around the world by Bread for the World, an association created in 1972 in the United States to end global hunger and by The Alliance to End Hunger, an association founded in 2001, working in partnership with Bread for the Word to bring stakeholders together in the fight against hunger. World Food Prize laureate and Bread for the World president David Beckmann presented Sodexo with the first President’s Award in recognition of the many initiatives that Sodexo leads, supports and embraces in the fight against hunger through its STOP Hunger initiative.
STOP Hunger: a long term commitment to fight against hunger and malnutrition
Sodexo’s STOP Hunger initiative mobilizes its 380,000 employees around the world to work in their communities and engage with local partners to help the one billion people who suffer from hunger and malnutrition. Launched in 1996 by CEO Michel Landel (then the CEO of Sodexo North America), STOP Hunger programs are currently active in 39 Sodexo host countries on six continents in all of Sodexo’s client segments: Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Costa Rica, Czech Republic, Denmark, Finland, France, Germany, Hungary, India, Ireland, Italy, Luxembourg, Madagascar, Mexico, Morocco, Netherlands, Norway, Peru, Poland, Portugal, Romania, Russia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Thailand, Turkey, UK, and US.
Hunger relief activities are focused on volunteering, sharing Sodexo knowledge (including providing healthy eating information and healthy recipes, training hunger relief workers on food safety and providing pro bono services such as legal, accounting, or marketing assistance), and making food and financial donations.
The recognition from Bread for the World and Alliance to End Hunger is among several awards received by six Sodexo host countries for their STOP Hunger efforts in the last year, including:
- Belgium, where Sodexo was awarded a Solidartest® Champion, in recognition of its commitment to improving local communities, in particular through a partnership with the Red Cross as part of their STOP Hunger program. Employees serve meals, provide education nutrition, and fundraise for the organization.
- Russia, where the STOP Hunger program was recognized as "the best program to help develop a charitable culture in society" from the business daily Vedomosti, in partnership with PricewaterhouseCoopers, the Donors Forum and the Public Chamber of Russia. Sodexo Russia engages employees, customers, clients, and suppliers in the fight against hunger through efforts that include food and equipment donations, cooking workshops, and fundraising, fully embracing the award category that sought to find the most efficient company practices to engage new participants.
- Peru, where Sodexo received the Lean Supplier Award from Minera Barrick, first place recognition from the mining company in its social responsibility category. The prize was specifically awarded for their STOP Hunger program which develops activities such as nutrition and food safety education workshops in the area of influence of Barrick.
- The United States, where Sodexo received the Outstanding Food Donor Award from Food Lifeline, Washington state’s largest hunger relief organization. The award recognized Sodexo’s leadership in a partnership that brings together farmers, food processors, food distributors, and food service companies to end hunger in the Pacific Northwest. Sodexo co-chairs the partnership which has donated more than 1,339 tons of food to those in need since 2008. In addition, the Philabundance Community Kitchen in Philadelphia, Pennsylvania, the region’s largest hunger relief association, recognized Sodexo for the unwavering support it has provided the organization for more than 10 years, including providing culinary job training to unemployed individuals, donating food, and contributing financial support.
Sodexo’s STOP Hunger initiative is part of its Better Tomorrow Plan, a worldwide sustainability roadmap with priority commitments for nutrition, health, and wellness, local communities, and the environment. Over the last year, Sodexo teams in 39 of its host countries have partnered with more than 270 hunger relief organizations to participate in 422 major programs working to end hunger. Sodexo is working to extend its STOP Hunger activities to all 80 of its host countries.
About Sodexo
Sodexo, world leader in Quality of Daily Life Solutions
Quality of Life plays an important role in the progress of individuals and the performance of organizations. Based on this conviction, Sodexo acts as the strategic partner for companies and institutions that place a premium on performance and employee well-being, as it has since Pierre Bellon founded the company in 1966. Sharing the same passion for service, Sodexo’s 380,000 employees in 80 countries design, manage and deliver an unrivaled array of On-site Service Solutions and Motivation Solutions. Sodexo has created a new form of service business that contributes to the fulfilment of its employees and the economic, social and environmental development of the communities, regions and countries in which it operates.
Key Figures (as of August 31, 2010)
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15.3 billion euro consolidated revenue
380,000 employees 21nd largest employer worldwide 34,000 sites 50 million consumers served daily 80 countries 8,1 billion euro market capitalization (as of January 26, 2011) |