accor sustainability report 2020

No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . Moreover, our pipeline continues to flourish, with Luxury & Upscale segment representing close to 40% of future openings, a 12-point increase in the past 4 years. Performance & security by Cloudflare. Through its Planet 21 Acting Here, Accor Solidarity, RiiSE and ALL Heartist Fund initiatives, the group is focused on driving positive action through business ethics, responsible tourism, environmental sustainability, community engagement, diversity and inclusivity. At the end of 2021, the Group notably successfully renegotiated the covenant linked to the 1,200 million credit facility which now includes a liquidity covenant out to December 2023 before returning to the initial net debt ratio covenant. In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. Included in the . They work with leading hospitality companies and strategic partners to address key challenges affecting our planet and its people, and develop practical resources and programmes to enable the wider industry to operate responsibly and grow sustainably. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. The expansion of The Pledge comes at a time when travellers' awareness of and demand for tourism sustainability practices continues to grow, with Millennials and GenZ taking the lead with heightened environmental consciousness. The fruit and vegetables from this garden are served in the restaurant. This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. Develops talent from within and a strong disciplinarian who leads by example. Letter from the CEO - Shell Sustainability Report 2019 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. Annual report | Signify Company Website The proceeds of this issue were partly used to refinance existing debt of 448 million with maturities in 2023 and 2024, through a Liability Management operation coupled to this bond issue. Water conservation measures in place. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. A decrease related primarily to the disposal of Orbis for 1.06 billion in early March 2020 and the 307 million refund related to the withholding tax credit dispute. Sustainable Food and Beverage. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Our 21st Sustainability Report covers the period 01 January 2021 . - Lacey Pfalz, Associate Writer, TravelPulse. Two key issues to tackle will be food and buildings. - Novotel offers eco-designed beds made from wood sourced from sustainably-managed forests (FSC certified), as well as bedspreads and pillowcases made from recycled bottles. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. Consensus ESG Ratings info for Accor | Company Ratings The Board's Responsible Business Committee reviews IHG's responsible business objectives and strategy, including the impact on environmental, social, community and human rights issues; IHG's strategic approach to sustainable development and responsible procurement; and how IHG engages with stakeholders. This segment, which is closely linked to business in Australia, notably benefited from a recovery in leisure tourism demand during the first half of the year and at the end of FY 2021 on the North-East coast of the country where most of the Groups Strata activities are located (i.e. . 00:00. Click to reveal It follows the GRI methodology and use selected Standards with a GRI . The Group targets to re-install an ordinary dividend payment calculated on the basis of 50% of the recurring free cash flow, in line with its historical dividend policy. You can email the site owner to let them know you were blocked. Accor. Our Future is About Sustainable Growth. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor Performance & security by Cloudflare. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. Sustainability is integral to how we contribute to social value creation. Our Future is About Sustainable Growth. For further information, visit www.sustainablehospitalityalliance.org. As part of a policy of progress and transparency, the Group asked its customers for their views on these issues, updated its environmental footprint and assessed its socio-economic footprint for the first time to assess the challenges it faces and construct its new 5-year program. Marriott International Reports on Environmental, Social, and Governance Sustainability Reports | CapitaLand CDL Integrated Sustainability Report 2021 spotlights an adaptable and We also endeavour to incorporate stakeholder focus areas. This website is using a security service to protect itself from online attacks. It was a tough year for Shell, but also a year when we set a clear path for our future. 2020. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Sbastien Bazin, Chairman and Chief Executive Officer of Accor, said:Despite a disrupted start of the year due to overall health restrictions, 2021 showed significant improvement in our business, as of the spring, with trends picking-up month after month right up to December. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Your IP: In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Moreover, this operation demonstrated the Groups ambition to accelerate its transition towards a sustainable growth, to notably pursue its commitment in terms of greenhouse gas emission reduction and to affirm its environmental and social values by involving the entire value chain. 6/24/2020. Eco-designed materials used in the bedrooms. Besides, Accor will continue working on restoring its pre-Covid credit profile and could contemplate an additional return beyond its ordinary dividend subject to the respect of this objective. Included in the Integrated Report (Section 6 - p. 120) Download. This performance was linked to the recovery in business which reflected better absorption of fixed costs. It shares the Group's sustainability journey, provides insights into its strategies, as well as highlights the economic, environmental and social aspects of the Group's developments and operations. Click to reveal You can email the site owner to let them know you were blocked. Reported revenue for the period reflects the following factors: Consolidated RevPAR was down 62.0% overall for the full-year, and down 64.5% for the second semester. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. 2018 Consolidated Non-Financial Information. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. 164.46.106.217 - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. Revenue in the Hotel Assets & Other segment was up 29% like-for-like versus FY 2020 and down (35)% like-for-like versus FY 2019. The program for 2020 was drawn up in consultation with the teams. Key considerations and . The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. Click on the brand of your choice if you want to filter the benefits. Founded in 1967, Accor SA is headquartered in France and publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. On November 12th, the UN Climate Change Summit (COP26) in Glasgow ended with a clear consensus that the world needs to do much more to limit global warming to 1.5C by 2050 and avert a climate crisis. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. Our Future is About Sustainable Growth - Accor Novotel Hyderabad Airport. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. The cost of net financial debt was up between FY 2020 and FY 2021, reflecting the downward revision to the Groups S&P credit rating in August 2020. After adding a record 45,108 rooms (327 hotels) on an organic basis during the period, including 12,954 rooms (65 hotels) in the Luxury segment, Accor had a portfolio of 739,537 rooms (5,036 hotels) and a pipeline of 208,000 rooms (1,206 hotels) at December 31, 2019, of which 76% in emerging markets. SUSTAINABILITY AND CSR REPORT 2019. Strong growth in consolidated revenue. Sustainability special report | Kering The . Many have lost their lives. "This year's report documents important milestones marking 10 years on our sustainability journey, in which we've achieved scale in our signature ingredient sourcing programs Cocoa Life and Harmony Wheat. 12/16/2021 1 min. 2011-2020 Huawei Consumer Business . Hyderabad Area, India. Full-Year 2020 Results Accor demonstrates resilience and adaptability Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. Your IP: This decline reflects an environment disrupted by the resurgence of the Covid-19 pandemic, despite a marked improvement in global business levels from April 2021. AccorHotels takes its corporate responsibility to the next level with MGM Resorts International's 2020 Social Impact and Sustainability Sustainability and ESG - Accsys Technologies It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. Accor has set some of the most ambitious sustainability targets in the industry, and in 2021, we committed to achieving net-zero carbon emissions by 2050. Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). 2019 Sustainability Review. Performance & security by Cloudflare. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. Sustainability Reports | Amcor In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. Accor SA is publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACRFY) in the United States. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. Premium, Midscale, Economy. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. This result contributes to creating a great place to work. Accor took one bold commitment in 2019/20: eliminate ALL guest-related single-use plastic items in its hotels by end 2022 across 110 countries . By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. Shell Sustainability Report 2020 - Home It reinforces some of the Groups fundamental commitments, such as curbing its environmental footprint, and identifies new objectives which dovetail with both the changes to the business model and its strategic priorities, such as Food & Beverage and the sustainable management of its property portfolio through HotelInvest. Sustainability reporting | BHP Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Building on the strength of our teams and of our holistic ecosystem of leading brands, personalized services & expert solutions, we break new ground to reimagine hospitality and inspire new ways to experience the world. Organic waste diversion program in place. Founded in 1967, Accor SA is headquartered in France and publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. Press releases. Cloudflare Ray ID: 7a2f181ebecd86c6 - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. SUSTAINABILITY AND CSR REPORT 2018. Planet 21 Season 2 must enable us to create wealth sustainably and curb our negative impacts through the mobilization of our employees, guests, partners and local communities. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. Accor's Full-Year 2021 Results: Significant rebound in activity room and apartment distribution activities and managed properties). Energy-saving guest room controls and building systems. Plant wall, fight against food waste, etc. Morroco Ourika. Included in the Integrated Report (Section 5 - p. 88) download. During the second half of 2021, the Group returned to a positive cash generation situation. Accor - The commitment to the planet 01/03/2023 02:25 (Paris) 7.74 2.31%. Revenue in the Management & Franchise (M&F) stood at 518 million, up 74% like-for-like versus FY 2020 (down (51)% like-for-like versus FY 2019), with regional performances correlated to health crisis developments in the countries considered. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. In the India, Middle East, Africa & Turkey (IMEAT) region, the recovery in business between the third and fourth quarters was impressive (+28 percentage points with RevPAR exceeding FY 2019 levels in the last quarter). In 2019, this bond had been partially redeemed for the amount of 350 million. 12/28/2022. A team leader who gets the best out of his staff. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. Environment & CSR - Accor Accor is concentrating its efforts on ensuring the return to profitability initiated in 2021, capitalizing on the activity rebound and the positive recurring impact from its RESET cost savings plan. Services to Owners revenue, which includes the Sales, Marketing, Distribution and Loyalty division, as well as shared services and the reimbursement of hotel staff costs, came to 1,064 million for FY 2021, down (43)% compared with FY 2019. InterContinental Hotels Group Corporate Responsibility | IHG With the remit of defining, managing and coordinating the commitments, strategy and roll-out of Group action plans in terms of sustainable development, Brune Poirson joined Accor and its Executive Committee as Sustainable Development Director. Recycling program in place. Double our percentage of women in leadership to 34%. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. The IHG Academy is a collaboration where we link up with education providers and community groups around the world by providing local people with the opportunity to develop skills and improve their employment prospects in one of the world's largest leading hotel companies. At the end of December 2021, the Group had a hotel portfolio of 777,714 rooms (5,298 hotels) and a pipeline of 214,000 rooms (1,218 hotels). Melco recognized by global environmental disclosure system CDP as one of China's . The Executive Summary has been crafted to provide its reader a quick overview of ITC's Sustainability journey in FY2022, serving as a concise yet comprehensive companion to the detailed Sustainability and . United Arab Emirates. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . This website is using a security service to protect itself from online attacks. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). . Sustainability Disclosure 2021. Aligned with the United Nations Sustainable Development Goals (SDGs), they commit to drive continued action on human rights, youth employment, climate action and water stewardship. Annual Reports and Responsible Business Reports Although the effects of this unprecedented crisis linked to the Covid-19 pandemic have not yet fully disappeared, all of the Groups geographies now appear to be well on the way to enjoying more normative levels of business. Luxury & Lifestyle. After five years, the results of the first phase of the plan are very encouraging. Accsys offers the world a choice to build more sustainably, and we are committed to improving the positive impact we can make in the world, and in Environmental, Social and Governance (ESG) areas. Each solution measures operational impact, costs and environmental performance . Planet 21 [2016-2020] is structured into four areas of action enlisting its employees, customers, partners and local communities, and two priorities, namely food & beverage and buildings. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. CAC 40. Sustainability report | Loomis 40% of our Resort's hot water is heated by solar power. The action you just performed triggered the security solution. Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. By reducing its cradle-to-grave carbon footprint intensity of 11% compared to 2019 and increasing the recyclability of its products to a total of 65% the company is on a clear and ambitious path forward with its sustainability strategy CARE. . Our teams are devoted to fighting against this evil and encourage their customers to do the same. . Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. Charlotte ThouvardSenior Vice President Group External CommunicationsAccor, 1995-2023 Hospitality Net All rights reserved Hospitality Net is powered by Hsyndicate, Accor's Third-quarter 2021 revenue of 589 million up 79% like-for-like, Accor CEO: Business is back, teams are back, desire is back.. Click to reveal For 2022, the Group expects a net unit growth of 3.5%. You can email the site owner to let them know you were blocked. Anne-France MalrieuImage 7Phone: +33 1 53 70 74 66afmalrieu@image7.fr, Carina Alfonso MartinDirectrice des Relations Media mondePhone: +33 1 45 38 84 84carina.alfonsomartin@accor.com, Delphine DumonceauRelations pressePhone: +33 1 45 38 84 95delphine.dumonceau@accor.com, Marie-Camille AubagnacRelations pressePhone: +33 1 45 38 19 16marie-camille.aubagnac@accor.com, Sbastien ValentinSVP Financial Communications and Investor RelationsPhone: 33 (0)1 45 38 86 25sebastien.valentin@accor.com, Marie NielInvestor RelationsPhone: +33 (0)1 45 38 86 94marie.niel@accor.com. Click to reveal You can email the site owner to let them know you were blocked. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Guest Service Agent - Club Sofitel Lounge. The group has one of the industry's most diverse and fully-integrated hospitality ecosystems encompassing more than 40 luxury, premium, midscale and economy hotel brands, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. Waste Reduction. Their report is currently being prepared. 67.211.219.14 HotelServices, which includes fees from Management & Franchise (M&F) and Services to Owners, generated 1,582 million in revenue, up 36% like-for-like versus FY 2020 (down (46)% like-for-like versus FY 2019). 2021 Integrated report. It was a tough year for everyone. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. Full-Year 2022 Results. On November 23, 2021, Accor announced the success of this transaction and partially redeemed two bonds, namely a bond with a 2023 maturity and a bond maturing in 2024, for a total amount of 448 million. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. As of end of December 2021, combined with the two undrawn credit facilities of 1.8 billion, Accor had a liquidity position of 3.4 billion. Investor feedback suggests a yield in a mid-to-high 2% . We measure and report on our Scope 1, Scope 2 . and Goals pdf 137671 BHP Climate Transition Action Plan 2021 pdf 2677572 BHP Climate Change Report 2020 pdf 3112031 BHP Scope 1, 2 and 3 GHG Emissions . The action you just performed triggered the security solution. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. Accor: Our Planet 21 sustainable development program 2019: Strong results and a successful transformation | Accor - Newsroom PDF Accor Planet 21 Environment & CSR. It describes the Company's sustainability platform, material focus areas, goals and results. Sustainability and innovation. It is one of four key enablers to deliver our Strategic Plan. The new system aims higher and is more accommodating as regards local specifics and operational realities. of suppliers regard H&M Group as a fair business partner. This report also includes a summary of how ITC's Sustainability 2.0 ambitions and priorities are contributing to the achievement of United Nation's Sustainable Development Goals (UN SDGs). Amcor 2020 Sustainability Report. 16.3 mb. Accor is a hotel management company founded in 1967 and based in Paris, France. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. Key Achievements-. Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. 75.119.192.80 The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. *This commitment should be reached in the year 2020 in areas where the supply chains are developed (in-shell eggs in Europe, for example) and by 2025 on the markets where the supply chains are still in development. PDF Wilmar International Limited - Asia's Leading Agribusiness Group View File. notably in the Food & Beverage segment, but also for flex office activities, wellness, entertainment and events as well as technologies linked to the hotel industry. The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. It's our way of opening our doors and creating opportunities for all. . the share of recycled materials used in our garments from 5.8% to 17.9%. Mercure Dubai Barsha Heights - Sustainability Hilton - TRAVEL WITH PURPOSE Read more >. Sustainability Report | Central Plaza Hotel (CENTEL) As of December 31, 2021, the average cost of Accor's debt came to 2.2% with an average maturity of four years, with no major repayment dates before 2026. Accor - Shareholders & Investors accor sustainability report 2020meadowglen lane apartments. Our solid performances were achieved owing to the strength of our brands, our financial discipline and the sterling efforts of our teams who, throughout the year, demonstrated determination, tenacity and generosity. This plan was the Groups way of encouraging the hospitality business to do This transaction completed the Liability Management operation initiated with the successful placement on November 18, 2021, of an inaugural Sustainability-Linked Bond issue indexed on the Groups sustainable development targets for an amount of 700 million (7-year maturity, 2.375% coupon). To provide the hotels with effective support as they deploy this new plan, Charter 21, the in-house sustainable development management system for hoteliers, has evolved and been renamed Planet 21 in Action. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. PDF document. The assessment included seeking internal and external stakeholder feedback. Building on the strength of our teams and of our holistic ecosystem of leading brands, personalized services & expert solutions, we break new ground to reimagine hospitality and inspire new ways to experience the world. 2020 Consolidated Non-Financial Information. Accor, a world leading hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable Hospitality Alliance, a global organisation that brings together engaged hospitality companies and uses the industry's collective power to address and tackle .

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