Sodexo Ranks 6th of the 2009 DiversityInc Top 50 Companies for Diversity®
March 13, 2009
Company rises in the annual standings in a more crowded field of competitors
GAITHERSBURG, Md., March 13, 2009 — Sodexo, a leading integrated food and facilities management services company, ranked No. 6 on The 2009 DiversityInc Top 50 Companies for Diversity® list, announced March 12.
A total of 401 companies, an increase of 14 percent from last year, vied for the honor this year, underscoring the increasing emphasis on diversity management among progressive companies. In 2008, Sodexo placed No. 12 out of 352 companies competing.
"Sodexo's steady rise up this list in recent years and increasing reputation as a trendsetting diversity leader are attributable to strong CEO commitment and the company's consistent focus on measuring the return on investment from its diversity initiatives, thus documenting how valuable they are to the business," said Luke Visconti, CEO of DiversityInc.
Key factors in Sodexo's success were its diversity-training and employee-engagement metrics, its trendsetting mentoring programs, its full complement of progressive work/life programs, and its external communications and partnerships that brand it as a diversity leader.
“Sodexo’s benchmarking and consistent attention to progress in all aspects of diversity are reflected in this DiversityInc. recognition, which we highly respect and value,” said Dr. Rohini Anand, Sodexo senior vice president and global chief diversity officer.
The list was unveiled March 12 in New York City. On hand from Sodexo to accept was Jodi Davidson, director of diversity initiatives.
The DiversityInc Top 50 Companies for Diversity list is a purely editorial process with no connection to business done with DiversityInc. It is determined entirely by a statistical analysis of responses to our 200-question survey. There is no fee to enter. DiversityInc Top 50 companies demonstrate consistent strength in four areas: CEO Commitment, Human Capital, Corporate and Organizational Communications, and Supplier Diversity. The list itself covers 19 industries, from consumer-facing companies to B-to-B's to industrial businesses. They range from small regional companies to global giants. For more detailed information on methodology, visit www.DiversityInc.com/top50.
Key findings from The 2009 DiversityInc Top 50 Companies for Diversity:
In the United States, the DiversityInc Top 50 hire 41% Blacks, Latinos, Asians and American Indians, compared with the U.S. work force, which is 32% Black, Latino, Asian and American Indian (BLS)
25% of DiversityInc Top 50 companies' managers are Black, Latino, Asian and American Indian, compared with 17% nationwide (BLS)
DiversityInc Top 50 boards of directors are 23% Black, Latino, Asian and American Indian, compared with 13% nationally
DiversityInc Top 50 boards of directors are 24% female, compared with 15% nationally
One-third more DiversityInc Top 50 chief diversity officers now report to their CEOs than four years ago (28% vs. 18%)
88% of DiversityInc Top 50 CEOs personally sign off on executive compensation tied directly to diversity initiatives, compared with 72% in 2005
All of the DiversityInc Top 50 companies now have employee-resource groups for their LGBT employees, 70% have groups for employees with disabilities, and 40% have generational resource groups. DiversityInc benchmarking customers seek data on employee-resource groups more than any other subject
In 2005, less than 1% of DiversityInc Top 50 philanthropy went to multicultural groups; today, almost 25% does
There has been a 50% increase in companies including supplier diversity in their RFPs (requests for proposals) since 2004 (60% vs. 90%)
Launched in 1997, DiversityInc is the leading business publication connecting diversity and the bottom line, with 1 million unique monthly visitors. DiversityInc.com includes the largest diversity job board in the nation. DiversityInc also produces events and conducts benchmarking, custom research and consulting.
Sodexo, Inc. (www.sodexoUSA.com) is a leading integrated facilities management services company in the U.S., Canada, and Mexico, with $7.7 billion (USD) in annual revenue and 120,000 employees. Sodexo serves more than ten million customers daily in corporations, health care, long term care and retirement centers, schools, college campuses, government, and remote sites. Sodexo, Inc., headquartered in Gaithersburg, Md., is a member of Sodexo Group, and funds all administrative costs for the Sodexo Foundation (www.sodexofoundation.org), an independent charitable organization that, since its founding in 1999, has made more than $11 million in grants to fight hunger in America.