Sustainability

A commitment from day one, every day.

Since its origins in 1962, the Edenred Group’s mission has been to make the world of work a better place for everyone.

This commitment, expressed unequivocally in the purpose Enrich connections. For Good, was naturally reflected in a voluntary approach to social, environmental and corporate responsibility: the Ideal policy.

With ESG at the heart of its actions and strategy, Edenred is aligned with the SBTi (Science Based Targets initiative) standards and committed to carbon neutrality by 2050.

The Ideal policy

Edenred has an ambitious strategy underway that contributes to 12 of the 17 United Nations Sustainable Development Goals (SDG) for 2030.

Our Ideal policy is organized around three pillars:

Improving people’s quality of life

• Being an employer of choice
  Developing talent, promoting diversity and inclusion and improving working conditions
• Promoting local development
  Fightinghunger and poverty, solidarity and support for local communities
• Promoting health and well-being
• Promote professional training and integration

Some goals for 2030

40%

Women in executive positions

85%

Employees with one training course per year

100%

Employees with one CSR training in 2025

Featured initiatives

IDEALWEEK

In addition to the regular activities of the resident Volunteer Group, every year Edenred dedicates a week to social responsibility.

During Idealweek, employees are invited to deepen their knowledge of sustainability, ESG and CSR and get involved in concrete actions.

The initiative culminates in Idealday, a day when Edenred employees all over the world take part in voluntary actions.

EDENRAID

Every year Edenred organizes Edenraid, a two-month sports and charity challenge:

• Fundraising for a non-profit organization;
• Encouraging sports and healthy lifestyle habits.

The action involves employees walking, running and cycling kilometers for Edenred to make a donation to a global NGO.

In the last edition, Edenred employees traveled 1.2 million km, which translated into a donation of more than 45,000 euros to Médecins Sans Frontières.

See photos of the initiatives

Painting and restoration of a pavilion to support the activities of Comunidade Vida e Paz

Edenred distributes 100 meal cards to support Ukrainian refugees in Lisbon

Idealday – Making dolls from recycled materials at Fundação LIGA

Preserving the environment and the planet

• Reducing carbon footprint, resource consumption and waste production – improving the energy efficiency of operations and solutions. Alignment with the Paris Agreement (commitment to maintaining a 2º temperature rise). Goal: Carbon 0 – 2050
• Managing the footprint of solutions throughout their life cycle (reducing consumption of natural resources)
• Promoting the Circular Economy (eco-designed products and services)
• Compliance with local and international environmental rules and regulations

Some goals for 2030

-52%

Greenhouse gas (GHG) emissions – scopes 1 and 2

70%

Sustainable/eco-designed solutions

Featured initiatives

GREENER CARDS

To minimize the environmental impact of its solutions, Edenred produces all its cards with alternative and more environmentally friendly materials, whether recycled or degradable PVC.

Degradable PVC, which is made up of 57% sea salt, has a special additive that makes it possible for cardboard to degrade up to 10 times faster in a natural environment. The material also has a 75% lower impact on global warming and is 55% less dependent on oil than other plastics.

What’s more, all the cards can be recycled again, promoting the circular economy.

Find out more about Edenred cards

PROJETO MERECE

Edenred Portugal is a member of Projeto Merece, a movement that aims to reduce the environmental impact of electronic cards by treating them in a more ecologically and responsible way.

As part of this project:

• Edenred cards can be recycled and given a second life as street furniture;
• For every kilo of waste collected, a tree is planted, with maintenance guaranteed for five years.

Find out more about Projeto Merece

See photos of the initiatives

Tree-planting action in the Sintra-Cascais Natural Park with Associação Plantar uma Árvore

Edenred joins Projeto Merece to recycle its cards

Idealday – Sorting materials for recycling X-rays at AMI

Edenred cards are more environmentally friendly, made from recycled PVC, and also more inclusive

Creating value with responsibility

• Ethical development of activities and partnerships throughout the value chain
  Code of ethics, fraud prevention, etc.
• Ensuring IT security and data protection
  Cybersecurity, GDPR standards.
• Digitalization of services in a safe and responsible way
  Financial inclusion, promotion of development.
• Promotion of healthy and sustainable food. Fighting food waste

Some goals for 2030

85%

Of establishments and users sensitized to nutrition by 2030

85%

Workforce certified in quality management

100%

Employees recognizing the code of ethics and sensitized to data protection

Featured initiatives

FOOD PROGRAM

Through the FOOD Program, Edenred aims to actively promote healthier and more sustainable eating. With the support of the European Union, it carries out actions to:

• To help companies provide better food conditions in the workplace;
• Helping employees to make healthy and sustainable food choices during their day-to-day work;
• Encouraging restaurants to adopt menus with better nutritional quality.

The good practices are designed and promoted in partnership with Direção-Geral de Saúde.

Get to know the FOOD Program

PARTNERSHIP TOO GOOD TO GO

Edenred and Too Good To Go have joined forces in the fight against food waste.

In Portugal, it is estimated that more than 1 million tons of food are wasted every year, which represents 17% of the country’s food production.

Through this partnership, the two organizations are promoting a series of initiatives aimed at raising community awareness and adopting more responsible habits.

Find out more about the partnership with Too Good To Go

See photos of the initiatives

Partnership between Edenred and Too Good To Go to raise awareness among consumers and establishments

FOOD Program – Promoting healthy and sustainable eating with the support of the DGS

Passion for Customers Program – Workshops on customer experience

Measurements and ratings

As a signatory of the United Nations Global Compact, Edenred integrates the social and environmental dimension into its solutions so that they are aligned with the Sustainable Development Goals (SDG) defined by the United Nations for 2030. Through its Ideal policy it contributes to 12 SDG.

The commitment to sustainability and good ESG performance are attested by different international measurements and ratings. In September 2022, Edenred joined the Euronext CAC 40 ESG Index on the Paris Stock Exchange.