Compass Group
Compass Group is a global leader in food and support services, operating in about 35 countries and employing approximately 550,000 people. The company is committed to sustainability, aiming for Climate Net Zero by 2050 and reducing food waste by 50% by 2030.
Services
Compass Group provides a wide array of services to cater to diverse client needs. Beyond their primary focus on food services, which includes serving approximately 5.5 billion meals per year, they offer additional support services. These include reception, security, and event services, ensuring comprehensive support for various organizations. This sectorised approach allows them to tailor their offerings to meet specific client requirements.
Global Presence
Compass Group operates in approximately 35 countries across the globe. With a substantial workforce of around 550,000 employees, the company has established a significant international footprint. This extensive presence enables them to deliver consistent and high-quality services in a variety of geographic locations, catering to a diverse clientele.
Sustainability Initiatives
Compass Group is committed to sustainable practices and has set ambitious environmental goals. They aim to achieve Climate Net Zero greenhouse gas emissions by 2050 and have committed to halving food waste by 2030. Additionally, in September 2022, the company issued the first sustainable bond offering in the Food Services sector, raising proceeds of €500 million and £250 million to support their sustainability initiatives. These efforts align with their support for the UN Sustainable Development Goals.
Sustainable Bond Offering
In September 2022, Compass Group made a notable financial move by issuing the first sustainable bond offering in the Food Services sector. They successfully raised €500 million and £250 million through this initiative. The proceeds from these bonds are intended to finance projects and activities that further their environmental and sustainable goals.