Sodexo and the OECD Join Forces to Further Understand Quality of Life Worldwide

  Sodexo and the OECD Join Forces to Further Understand Quality of Life
  Worldwide

Business Wire

PARIS -- May 27, 2013

Regulatory News:

Sodexo (Paris:SW) (OTCBB:SDXAY), the global leader in Quality of Life
services, and the Organisation for Economic Co-operation and Development
announced today that they have agreed to an ambitious three-year partnership
aimed at promoting Quality of Life as a factor in the development and progress
of society.

Under the terms of the agreement, the first of its kind for both Sodexo and
the OECD, the two organizations will exchange information related to Quality
of Life with civil society actors (private sector, NGO, academics, etc.) and
the public sector. Through its ongoing work with governments, business and
labor, the OECD has acquired a macro-economic vision on quality of life which
it has translated into a unique international indicator: the Better Life
Index. Sodexo, thanks to its 420,000-strong workforce and the 75 million
people served by the company daily, has a highly granular, micro-economic
perception of the issue. Their partnership will enable the two groups to
exchange on these complementary perspectives.

OECD Secretary General Angel Gurria said:  “This partnership is founded on our
shared interest in well-being and quality of life. Sodexo’s support is most
valuable in this endeavour.”

Sodexo Chief Executive Officer Michel Landel said: “At Sodexo, it is our
deeply held belief that improving Quality of Life is the cornerstone of future
growth. We are thereforevery pleased to work with the OECD, which has done so
much to emphasize the importance of a “Better Life” as a key component of
societal progress.”

At the OECD Forum 2013 Michel Landel will speak during the plenary session
panel discussion, “The New Societal Contract” (28 May, 3:15pm). This session
will look into the fact that while political leaders are worried about the
affordability of established social welfare models in an era of high public
debt, low growth and aging populations, some companies are turning to a
different business model: creating social value. What does a renewed societal
contract mean for governments, business, and trade unions?

In addition, a number of Sodexo’s senior leaders and experts will contribute
to the Forum’s discussions and debates:

  *Rohini Anand, Senior Vice-President and Chief Diversity Officer, Sodexo
    will take part in the lunch debate on “The Male Factor” (28 May, 12 noon)
  *Laurent Cousin, Group SVP, Marketing Offer, Research & Development, Sodexo
    will take part in a lunch panel on “Learning to Listen” (28 May, 12 noon)
  *Mark Rollinger, Group Chief Legal Officer, Sodexo will participate in the
    IdeaFactory on “TRUST” (28 May, 3:30pm).

More information on the Forum is available at: www.oecd.org/forum

About Sodexo
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 420,000 employees throughout the world.

Key Figures (as of August 31, 2012)

Sodexo in the world

18.2 billion euro consolidated revenue
420 000 employees
20th largest employer worldwide
80 countries
34,300 sites
75 million consumers served daily
11,1 billion euro market capitalization (as of April 17, 2013)

About the Better Life Index
The Better Life Index (BLI) is an online interactive platform that allows you
to compare well-being across countries, based on 11 topics the OECD has
identified as essential in the areas of material conditions and quality of
life. The Index was launched in 2011 as part of the OECD’s efforts to analyse
societal progress and better understand what drives well-being. Since its
inception, the Better Life Index has received over one million visits from
over 180 countries. Data is updated annually and in 2012, the site was
expanded to include Brazil and the Russian Federation and French and Russian
language versions.
www.oecdbetterlifeindex.org

About the OECD
The mission of the Organisation for Economic Co-operation and Development
(OECD) is to promote policies that will improve the economic and social
well-being of people around the world: “Better Policies for Better Lives”. The
OECD provides a forum in which governments can work together to share
experiences and seek solutions to common problems. We work with governments to
understand what drives economic, social and environmental change. We measure
productivity and global flows of trade and investment. We analyse and compare
data to predict future trends. We set international standards on a wide range
of things,from agriculture and tax to the safety of chemicals. We look, too,
at issues that directly affect the lives of ordinary people, like how much
they pay in taxes and social security, and how much leisure time they can
take. We compare how different countries’ school systems are readying their
young people for modern life, and how different countries’ pension systems
will look after their citizens in old age.
www.oecd.org

Contact:

Sodexo Press Contact
Laura SCHALK
Tel. & Fax: +33 1 57 75 85 69
Email: laura.schalk@sodexo.com
 
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