accor sustainability report 2020

AccorHotels takes its corporate responsibility to the next level with Accor joins global sustainability network, the Sustainable Hospitality Live stock. Sustainability | Melco Resorts & Entertainment 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. The new system aims higher and is more accommodating as regards local specifics and operational realities. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. Dec 2016 - Jan 20181 year 2 months. Green Hotel Dubai | Sustainable Practices | Four Seasons Resort February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 This redemption was notably funded through the issuance of bonds convertible and/or exchangeable into new and/or existing shares (OCEANEs) on December 7, 2020. On October 1, 2021, following the all-share merger, Accor became the majority shareholder in the new entity created with Ennismore, positioned in the Lifestyle hotel segment. 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. View File. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. Mar 2021 - Apr 20221 year 2 months. 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). MGM Resorts International's 2020 Social Impact and Sustainability Responsible Business Report 2022. Each year Loomis publishes an integrated annual and sustainability report. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). Read Letter from the CEO. PDF 10.87MB; ESG Databook. Hilton - TRAVEL WITH PURPOSE Accor's Full-Year 2021 Results: Significant rebound in activity Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. The action you just performed triggered the security solution. . Group revenue for the third quarter of 2021 came in at 589 million, up 79% as reported, and 79% like-for-like versus Q3 2020 (i.e., -40% compared with Q3 2019). Accor. Working together for a better future. 193.32.208.109 Innovation is integral to Kering's sustainability policy. For further information, visit www.sustainablehospitalityalliance.org. 12/16/2021 1 min. Water conservation measures in place. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. . 164.46.106.217 Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. You can email the site owner to let them know you were blocked. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. 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 . Two key issues to tackle will be food and buildings. 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. 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. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. Performance & security by Cloudflare. The assessment included seeking internal and external stakeholder feedback. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. We measure and report on our Scope 1, Scope 2 . 11/23/2021 3 min. of suppliers regard H&M Group as a fair business partner. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. 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. Sustainability and innovation. KR Rakesh - Cluster Revenue Manager, RMCC Shanghai- Asia - LinkedIn . Sustainability Report 2022 | Amcor 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. The action you just performed triggered the security solution. Members benefit from the company's comprehensive loyalty program ALL - Accor Live Limitless a daily lifestyle companion that provides access to a wide variety of rewards, services and experiences. 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. Novotel Hyderabad Airport. ITC's Sustainability Reports Revenue Manager. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. This website is using a security service to protect itself from online attacks. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. Solid and sustainable rebound. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). 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. 2022 Full-year results. 47 million, largely due to the full consolidation of sbe since Q4 2020. incentive fees based on the hotel operating margin. The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. It is core to our strategy and sits at the heart of everything we do. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. EBITDA sensitivity per point of RevPAR amounted to (16.4) million for each one-point decline in RevPAR compared with 2019 versus (18.7) million in FY 2020. . Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. It describes the Company's sustainability platform, material focus areas, goals and results. 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. Your IP: The Group strives to act for "positive hospitality" and has set ambitious objectives, structured around four strategic pillars: working with our teams, involving our clients . Accor says stop to single-use plastic in its hotels by 2022 - English Follow us on . 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. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts 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. Our teams are devoted to fighting against this evil and encourage their customers to do the same. Sustainability Reports | Amcor You can email the site owner to let them know you were blocked. Corporate Sustainability; . For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. 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. This website is using a security service to protect itself from online attacks. Ethics and Corporate Social Responsibility Charter. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. ESG Reporting & Disclosure | Mondelz International, Inc. Cloudflare Ray ID: 7a2f1819ababf6ad Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. Responsible Business Report. As of end of December 2021, combined . During the second half of 2021, the Group returned to a positive cash generation situation. 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. Universal Registration Document. Allianz Sustainability Report Integrated Report 2020 - Atos revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. Performance & security by Cloudflare. Full-Year 2022 Results. Your IP: 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 plan was the Groups way of encouraging the hospitality business to do Amcor 2019 GRI Report. This improvement in demand meant that average room rates came close to or, in many destinations at the end of 2021, even exceeded pre-Covid-19 levels. In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. The . Their members make up 25% of the global hotel industry by rooms and include 14 world-leading hotel companies including Marriott International, Hilton, IHG, Hyatt and Radisson Hotels Group as well as regional brands. The issues we are tackling are systemic, requiring supply chain and business transformation. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Click on the brand of your choice if you want to filter the benefits. At the end of 2015, all its hotels were committed to protecting children from abuse (in-house awareness program, WATCH) and more than 4.5 million trees had been planted worldwide since 2009. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. 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. The Asia-Pacific region enjoyed a sequential improvement in RevPAR (+9 percentage points between the third and fourth quarters) after a third quarter hit by tighter Covid restrictions. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. The covenant was not tested on the two test dates of June 30 and December 31, 2021. 217.61.142.251 Cloudflare Ray ID: 7a2f18038eaaef6f Our Future is About Sustainable Growth. 01/03/2023 02:25 (Paris) 7.74 2.31%. 00:00. 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. The report covers the period 1 January to 31 December. Accor AC - Euronext Paris. Plant wall, fight against food waste, etc. Accor's unmatched position in lifestyle hospitality one of the fastest growing categories in the industry is led by Ennismore, a joint venture, which Accor holds a majority shareholding. - 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. Cloudflare Ray ID: 7a2f181b2b5e1623 Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Waste Reduction. 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. It's our way of opening our doors and creating opportunities for all. PDF Accor Planet 21 The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. Korian Share. HotelServices EBITDA was positive at 93 million for 2021. Following the announcement of its intention to sponsor the Special Purpose Acquisition Company (SPAC) on May 20, 2021, Accor successfully took part in a private placement and the Euronext Paris initial offering of Accor Acquisition Company (AAC). This increase reflected the sharp recovery in business during the second half of the year. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive A team leader who gets the best out of his staff. Operational waste. Energy-saving guest room controls and building systems. Click to reveal 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). CAC 40. Annual Reports and Responsible Business Reports Jean-Jacques Morin, Deputy CEO & CFO, and Brune Poirson, Chief Sustainability Officer, discuss the Group's commitment to ESG, focusing on one of its key areas: net zero carbon. Recycling program in place. Click to reveal Develops talent from within and a strong disciplinarian who leads by example. Amcor 2020 Sustainability Report. 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. Sustainability Report | Central Plaza Hotel (CENTEL) ESG | Korian 2020. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. 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. Accor is a committed, inclusive company that strives to limit its carbon footprint and impact on the planet, and to respond to travelers' concerns about social and environmental responsibility. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. 2020 Consolidated Non-Financial Information. hide. Sustainability Reports | CapitaLand During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. Press releases. 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. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. 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. Reporting - olamgroup.com Coupa Software Incorporated - AnnualReports.com With the remit of stepping up development of the two brands by rolling out exceptional offerings and cultural excellence with its teams, Accor appointed Stephen Alden to its Executive Committee and is CEO of the Raffles and Orient Express brands. the share of recycled materials used in our garments from 5.8% to 17.9%. reduction in plastic packaging. In 2021, payment of fees was in line with business levels during the year as well as the collection of certain fees for which payment deadline extensions were granted to certain hotel owners. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Sustainability Reporting - H&M Group The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. "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. We also endeavour to incorporate stakeholder focus areas. 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. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. 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. 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 . Accor - Shareholders & Investors Planet 21 Season 1 [2011-2015]: a solid track record. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Two key issues to tackle will be food and buildings. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. Your IP: Reports and Policies - Huawei Sustainability and ESG - Accsys Technologies 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. Our Future is About Sustainable Growth - Accor 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. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . Increase in the Loyalty Mix. . 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. Our vision is to drive the change towards positive, more responsible and inventive hospitality, wherever we are., Planet 21|2016-2020: same direction, higher aims. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). United Arab Emirates. Our Future is About Sustainable Growth. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. 2021 Sustainability Report. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . 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.. At Accor, we ask our customers to reuse their towels. 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. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. Accor achieved all of this while ensuring that tomorrow's hospitality is built on sustainable foundations, and we strive to make a positive impact on people and planet, giving back more than we take. 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 Group controls this new entity through the ownership of a 66.67% stake.

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