Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. Since early 2021, this segment includes New Businesses (concierge services, luxury home rentals, private sales of hotel stays and digital services for hotel owners) which continue to be affected in different ways, ranging from the severely affected businesses directly related to the Travel sector, such as onefinestays private home rentals, to the digital businesses, such as the services provided by D-Edge. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. In 2013, for example, Kering founded the Material Innovation Lab, which provides the Group's Houses with more than 3,000 sustainable fabric and textile samples. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. 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 . This increase reflected the sharp recovery in business during the second half of the year. Performance & security by Cloudflare. 2021 Integrated report. Read full report. 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. . Planet 21 is AccorHotels' sustainability program which spans six key pillars including People, Guests, Partners, Communities, Buildings and Sustainable Food, with commitments aligned with the United Nation's Sustainable Development Goals. Press Releases. HotelServices EBITDA was positive at 93 million for 2021. Accor is a hotel management company founded in 1967 and based in Paris, France. The Group achieved solid results regarding the actions taken over the 2011-2015 period. *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. The Planet 21 programme demonstrates the Group's ambitious goals for 2020, based around four strategic priorities: work with its employees, involve its customers, innovate with its partners and work with local communities. Each year Loomis publishes an integrated annual and sustainability report. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. 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 . 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. 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. Guest Service Agent - Club Sofitel Lounge. Many have lost their lives. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. Read more >. This SPAC successfully raised 300 million with a view to acquire one or more companies in sectors related to the core hotel business operated by Accor, 164.46.106.217 Environmental Policy. On February 18, 2021, Accor sold a part of its share in Huazhu Group Ltd, representing 1.5% of share capital of the company for 239 million. 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 EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. Globally, there is a trend towards technical alignment among the five leading global sustainability reporting framework developers and standards-setters - CDP, Climate Disclosure Standards Board (CDSB), Global Reporting Initiative (GRI), International Integrated Reporting Council (IIRC) and Sustainability Accounting Standards Board (SASB) - known collectively as the Group of Five. 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. ESG challenges - i.e., Environmental, Social and Governance (ESG . 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. The change in working capital requirement returned to close to breakeven. You can email the site owner to let them know you were blocked. It follows the GRI methodology and use selected Standards with a GRI . In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. 2017 Report. Investor feedback suggests a yield in a mid-to-high 2% . For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. SUSTAINABILITY AND CSR REPORT 2018. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 Water conservation measures in place. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. You can email the site owner to let them know you were blocked. Click to reveal For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. 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. room and apartment distribution activities and managed properties). Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. 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. September 21st, 2021. North Europe showed a more modest sequential improvement (+2 percentage points between the third and fourth quarters) and ended FY 2021 with RevPAR down (57)% compared with FY 2019. Corporate Sustainability; . Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . incentive fees based on the hotel operating margin. Sustainability. The action you just performed triggered the security solution. PDF document. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. A sustainable commitment to improve your hotel's performance. Sustainability is integral to how we contribute to social value creation. The action you just performed triggered the security solution. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. 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. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. Through its global sustainability commitments (such as achieving Net Zero Carbon emissions by 2050, global elimination of single use plastics in its hotels' guest experience, etc. The action you just performed triggered the security solution. Develops talent from within and a strong disciplinarian who leads by example. . It was a tough year for everyone. 2021 Sustainability Report. 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. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Sbastien Bazin, the Groups Chairman & CEO, stated, The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide, are both valuable levers for our sustainable performance. 75.119.192.80 Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. This website is using a security service to protect itself from online attacks. Organic waste diversion program in place. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. CAC 40 - INDEXEURO. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. You can email the site owner to let them know you were blocked. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. Energy-saving guest room controls and building systems. Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). Luxury & Lifestyle. The program for 2020 was drawn up in consultation with the teams. Amcor 2020 Sustainability Report. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. Download Snacking Made Right ESG Report. It is more flexible and is based on a participative approach allowing each hotel to set its own objectives and map out its own action plan. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Our teams are devoted to fighting against this evil and encourage their customers to do the same. PDF 2.23MB 11/23/2021 3 min. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. 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 . To provide a comparison with RevPAR (presented as the change versus FY 2019 throughout this release), the like-for-like decline in revenue versus FY 2019 is (42)%. The . 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. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). Live stock. Wilmar International Limited - Asia's Leading Agribusiness Group Your IP: In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts Plant wall, fight against food waste, etc. As of December 31, 2021, the average cost of Accors debt came to 2.2% with an average maturity of four years, with no major repayment dates before 2026. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. 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. SUSTAINABILITY AND CSR REPORT 2019. We keep a close eye on our key extra-financial performance indicators in order to demonstrate the results we achieve and the shared value that we create. 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. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. Our Future is About Sustainable Growth. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. Click on the brand of your choice if you want to filter the benefits. Premium, Midscale, Economy. 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. 2018 Consolidated Non-Financial Information. At year-end 2020, the Group had a hotel portfolio of 753,344 rooms (5,139 hotels) and a pipeline of 212,000 rooms (1,209 hotels), of which 73% in emerging markets. PDF 10.87MB; ESG Databook. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. Click to reveal In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. . . AccorHotels is a Group united by a shared passion for hospitality and driven by a shared promise to make everyone Feel Welcome.Over 190,000 women and men in 3,900 AccorHotels establishments look after thousands of guests every day in 92 countries.AccorHotels is the worlds leading hotel operator and offers its customers, partners and employees:- its dual expertise as a hotel operator and franchisor (HotelServices) and a hotel owner and investor (HotelInvest);- a large portfolio of internationally renowned brands covering the full spectrum, with luxury (Sofitel, Pullman, MGallery by Sofitel, Grand Mercure, The Sebel), midscale (Novotel, Suite Novotel, Mercure, Mama Shelter, Adagio) and economy (ibis, ibis Styles, ibis budget, adagio access and hotelF1) establishments;- a powerful marketplace and loyalty program: Le Club AccorHotels;- almost half a century of commitment to corporate citizenship and solidarity with the PLANET 21 program.Accor SA shares are listed on the Euronext Paris exchange (ISIN code: FR0000120404) and traded in the USA on the OTC marketplace (Code: ACRFY). United Arab Emirates. 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. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. Responsible Business Report 2022. Tel: 00 971 4 381 8888. . The report solidifies the company's commitment to creating a sustainable future and making a difference in the lives of employees, guests and the communities in which it operates. Solid and sustainable rebound. Three points should be noted: During FY 2021, Group recurring free cash flow improved significantly, from (727) million in FY 2020 to (246) million in FY 2021. 12/28/2022. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . 47 million, largely due to the full consolidation of sbe since Q4 2020. 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.. of suppliers regard H&M Group as a fair business partner. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. 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. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. accor sustainability report 2020meadowglen lane apartments. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. 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. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its 40% of our Resort's hot water is heated by solar power. Morroco Ourika. 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. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. We also endeavour to incorporate stakeholder focus areas. 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. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. Sustainable Food and Beverage. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . All regions are now generating positive EBITDA. In five years, it has delivered two-thirds of the programs 21 objectives and over 90% of its hotels have embarked on a continuous-improvement drive. - 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. As the desire to escape and to resume travelling has never been stronger, we are well underway to make the most of this rebound in all our markets. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Their report is currently being prepared. During the second half of 2021, the Group returned to a positive cash generation situation. Recycling program in place. The Sustainable Hospitality Alliance brings together engaged hospitality companies and uses the collective power of the industry to deliver impact locally and on a global scale. 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. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). A trouble-shooter who is constantly looking to solve problems and see problems as challenges. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. This number reflects an improvement compared with more than 70 million targeted initially, thanks to the implementation of the staff redundancy plan and tight control of consultant costs. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Included in the . Accor is deeply committed to sustainable value creation and plays an active role in giving back to planet and community via its Planet 21 Acting Here program and the Accor Solidarity endowment fund, which gives disadvantaged groups access to employment through professional training. The Group controls this new entity through the ownership of a 66.67% stake. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. Korian Share. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. This website is using a security service to protect itself from online attacks. Environment & CSR. While business in Saudi Arabia remained held back by tight restrictions weighing on pilgrimages, the United Arab Emirates benefit from demand linked to Expo 2021 which started from October 1, 2021. 2021 ESG REPORT. Key Achievements-. An increase related primarily to the loss of recurring free cash flow in full-year 2020, the investment related to the acquisition of all of sbes brands, and the implementation of a share buyback program in Q1 2020. In general, the sharper decline in M&F revenue compared to RevPAR (down (46)% over FY 2021 versus FY 2019) can be attributed to the strong decrease in incentive fees based on the hotel operating margin generated from management contracts. The Planet 21 programme demonstrates the Group's ambitious goals for 2020, based around four strategic priorities: work with its employees, involve its customers, innovate with its partners and work with local communities.
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