Sodexo ranks #5 on the 2015 DiversityInc Top 50 Companies for Diversity
April 24, 2015
Sodexo also landed on the following specialty lists: #3 Top 10 Companies for Diversity Councils; #3 Top 10 Companies for Mentoring; #5 Top 10 Companies for Global Diversity; #8 Top 10 Companies for Disabilities; #10 Top 10 Companies for Recruitment
NEW YORK, NY, April 24, 2015 - On April 23, during diversity and inclusion’s keystone event at Cipriani Wall Street, DiversityInc announced Sodexo came in #5 on its 2015 Top 50 Companies for Diversity ranking. They also ranked on DiversityInc’s specialty lists for diversity councils, mentoring, global diversity, disabilities and recruitment. More than 900 senior executives from across the country were present for the annual announcement dinner.
“A focus on using diversity metrics to improve recruitment, talent development and customer relations keeps Sodexo in the top five for the sixth year in a row,” said Luke Visconti, CEO at DiversityInc. "President and CEO George Chavel and Global Chief Diversity Officer Dr. Rohini Anand lead a comprehensive initiative that includes a first-rate cross-cultural mentoring initiative.”
DiversityInc Top 50 companies have significantly more diversity than average American corporations. Compared with EEOC statistics, Top 50 companies have 20% more Blacks, Latinos, and Asians in management, and 13% more women. In the Top 10 the contrast is even sharper, with 41% more Blacks, Latinos, and Asians, and 46% more women than US corporate average. This year, for the first time, the National Organization on Disability tracker was required for the Top 10 Disabilities list.
CNBC covered the DiversityInc Top 50 event and provided the stock market econometric evaluation. “The Top 50 list outperformed the market on a short and long-term basis - which has been the case over the past several years. This shows evidence of the link between excellence in diversity management and superior corporate governance,” said Visconti.
Any company with over 1,000 U.S.-based employees is eligible to enter, and there is no cost to compete. Each company’s rank is based on objective analysis of 183 separate factors, based on data from a 300-question survey. The four equally weighted areas of measurement include Talent Pipeline, Equitable Talent Development, CEO/Leadership Commitment, and Supplier Diversity.
“Our expertise at Sodexo is improving individual, organizational, and community performance. As the world’s 18th largest employer, we are committed to workforce development and achieve this by honing the best talent, and building diverse and inclusive teams. Our commitment to diversity and inclusion remains a competitive advantage in the marketplace and continues to strengthen our position as a global leader of quality of life services,” explained George Chavel, president and CEO Sodexo North America.
The announcement dinner included a keynote address from Reverend Jesse Jackson, Sr., whose Rainbow PUSH Coalition has been calling on the tech industry to embrace more diversity as a business opportunity.
For the entire Top 50 list, visit diversityinc.com/top50 or follow the conversation online with the hashtag #DITop50.
The DiversityInc Top 50 Companies for Diversity Announcement Dinner was made possible thanks to the following sponsors: Abbott, ADP, AT&T, Caterpillar, Cox Communications, CVS Health, Deloitte, EMC, EY, IBM, Kaiser Permanente, Marriott International, MasterCard, Monsanto, Novartis Pharmaceuticals Corporation, PricewaterhouseCoopers, Prudential Financial, Sodexo, Target, TD Bank, Time Warner, Toyota Motor North America, and Wells Fargo.
DiversityInc’s mission is to bring education and clarity to the business benefits of diversity. The DiversityInc Top 50 Companies for Diversity list began in 2001, at the same time many corporations were beginning to understand the business value of diversity-management initiatives. The 2015 Top 50 Companies for Diversity results are featured on DiversityInc.com and in DiversityInc magazine. For more information, log on to DiversityInc.com, Facebook, Twitter or LinkedIn.
Founded 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 80 countries, Sodexo serves 75 million consumers each day through its unique combination of On-site Services, Benefits and Rewards Services and Personal and Home Services. Through its more than 100 services, Sodexo provides clients an integrated offering developed over more than 45 years of experience: from reception, safety, maintenance and cleaning, to foodservices and facilities and equipment management; from Meal Pass, Gift Pass and Mobility Pass benefits for employees to in-home assistance 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 419,000 employees throughout the world.
Key figures (as of Aug. 31, 2014)
Sodexo in the world
18 billion euro consolidated revenue
18th largest employer worldwide
75 million consumers served daily
Sodexo in North America
8.8 billion revenue
700 million square feet under facilities management
More than 15 million consumers served daily