A team leader who gets the best out of his staff. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. 2021 Consolidated Non-Financial Information. The Report can be accessed here. Cloudflare Ray ID: 7a2f181ebecd86c6 The Group controls this new entity through the ownership of a 66.67% stake. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The issues we are tackling are systemic, requiring supply chain and business transformation. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. 2017 Report. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. 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, This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. The expiry of loyalty points at the end of the year eased the impact of the decline in revenue for this area of business compared to the Management & Franchise (M&F) activity. The assessment included seeking internal and external stakeholder feedback. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . Read Letter from the CEO. PDF 10.87MB; ESG Databook. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. accor sustainability report 2020meadowglen lane apartments. . 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. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. This change masks disparities between the hard-hit businesses directly related to the Travel segment, such as onefinestay private home rentals, and the digital businesses, such as D-Edge services. 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. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. Melbourne, Victoria, Australia. 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). In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Planet 21 allowed the Group to unite its teams and engage its guests and partners in a structured approach which is recognized by several ethical stock market indices. Investor feedback suggests a yield in a mid-to-high 2% . 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 report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. 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 . Performance & security by Cloudflare. Key considerations and . 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. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . The Group achieved solid results regarding the actions taken over the 2011-2015 period. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Accor is a hotel management company founded in 1967 and based in Paris, France. View File. 00:00. Two key issues to tackle will be food and buildings. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). Sustainability and innovation. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Sustainability Disclosure 2021. The Company's brands include: Sofitel, Pullman, MGallery, Novotel, Suite Novotel, Mercure, ibis, all seasons, Etap hotel, hotelF1, Motel6, as well as Thalassa sea & spa, and Lentre. Ethics and Corporate Social Responsibility Charter. 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. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . . Novotel Hyderabad Airport. 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. We are working to reduce the environmental impacts of our operations through our EnviroAction program. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. Your IP: Cloudflare Ray ID: 7a2f18038eaaef6f 531 kb. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts 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. 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). PDF document. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Revenue Manager. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. 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. Click to reveal Included in the . The program for 2020 was drawn up in consultation with the teams. Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. 164.46.106.217 SUSTAINABILITY AND CSR REPORT 2019. You can email the site owner to let them know you were blocked. Each year Loomis publishes an integrated annual and sustainability report. Amcor 2019 GRI Report. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. 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. 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. Double our percentage of women in leadership to 34%. See stock description. Performance & security by Cloudflare. 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. "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. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. 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. 2020 Consolidated Non-Financial Information. Cloudflare Ray ID: 7a2f1863d83a23d4 You can email the site owner to let them know you were blocked. Key performance indicators. Click on the brand of your choice if you want to filter the benefits. 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 . 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. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. It is core to our strategy and sits at the heart of everything we do. 2021 Sustainability Report. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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.. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! CAC 40. 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. This website is using a security service to protect itself from online attacks. Press Releases. United Arab Emirates. In the Americas, the improvement in RevPAR was also noteworthy (+18 percentage points between the third and fourth quarters) which translated into a FY 2021 RevPAR down (46)% compared with FY 2019. Press releases. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. Full-Year 2022 Results. 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. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. - Lacey Pfalz, Associate Writer, TravelPulse. At Accor, we ask our customers to reuse their towels. Your IP: At the end of 2021, 25% of leadership positions are filled by women. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. Environment & CSR. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. A sustainable commitment to improve your hotel's performance. During the first quarter of 2021, two capital increases were completed for the amounts of 150 million (of which 45 million for Accor) and of 327 million (of which 109 million for Accor). New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. The . Each solution measures operational impact, costs and environmental performance . Morroco Ourika. 01/03/2023 02:25 (Paris) 7.74 2.31%. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Live stock. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. You can email the site owner to let them know you were blocked. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). Letter from the CEO. It has affected so many people around the world. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. The action you just performed triggered the security solution. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. The covenant was not tested on the two test dates of June 30 and December 31, 2021. Key Achievements-. Marriott International, Inc. (Nasdaq: MAR) ("Marriott") today released its 2021 Serve 360 Report presenting data from 2020 and demonstrating its Environmental, Social, and Governance (ESG) efforts toward the company's 2025 Sustainability and Social Impact Goals. Included in the Integrated Report (Section 5 - p. 88) download. The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. 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. Cloudflare Ray ID: 7a2f1819ababf6ad 2022 Full-year results. 75.119.192.80 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). 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. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Strong growth in consolidated revenue. . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Performance & security by Cloudflare. View File. . 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 . 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. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. 47 million, largely due to the full consolidation of sbe since Q4 2020. Click to reveal The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. Working together for a better future. The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. Sustainable Food and Beverage. This focus on sustainability is directly aligned with our promise of Together, improving life, and our long-established values, culture and commitment to Associates, customers and communities. Our Future is About Sustainable Growth. It was a tough year for everyone. 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). 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. The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. 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. AccorHotels, the world's leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. Responsible Business Report 2022. The action you just performed triggered the security solution. Senior Vice President Group External Communications. Accor Planet 21 Background . 11/23/2021 3 min. The Management & Franchise division of HotelServices reported EBITDA of 275 million, significantly higher than in 2020 (25 million) and down (64)% like-for-like compared with FY 2019. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The Group has one of the industrys most diverse and fully-integrated hospitality ecosystems encompassing luxury and premium brands, midscale and economy offerings, unique Lifestyle concepts, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. 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. 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. 2011-2020 Huawei Consumer Business . revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. 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. We measure and report on our Scope 1, Scope 2 . Coupa provides a unified, cloud-based spend management platform that connects hundreds of . The change in working capital requirement returned to close to breakeven. The report covers the period 1 January to 31 December. Read more >. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . 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. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. 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. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. It describes the Company's sustainability platform, material focus areas, goals and results. Hyderabad Area, India. Planet 21 Season 1 [2011-2015]: a solid track record. 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. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. 40% of our Resort's hot water is heated by solar power. Amcor 2020 Sustainability Report. 12/28/2022. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Guest Service Agent - Club Sofitel Lounge. All regions are now generating positive EBITDA. Performance & security by Cloudflare. Accor AC - Euronext Paris. 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. Organic waste diversion program in place. 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)%. Recycling program in place. Your IP: Mar 2021 - Apr 20221 year 2 months. 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). 16.3 mb. You can email the site owner to let them know you were blocked. 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 website is using a security service to protect itself from online attacks. 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. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. Innovation is integral to Kering's sustainability policy. Click to reveal Their report is currently being prepared. 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. Download Snacking Made Right ESG Report. of suppliers regard H&M Group as a fair business partner. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . This increase reflected the sharp recovery in business during the second half of the year. The fruit and vegetables from this garden are served in the restaurant. The action you just performed triggered the security solution. 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. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. 67.211.219.14 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. Accor's sustainability approach includes initiatives at your hotel to . Our teams are devoted to fighting against this evil and encourage their customers to do the same. Tel: 00 971 4 381 8888. 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. . Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 193.32.208.109 Your IP: The consolidated financial statements and notes related to this press release are available on the www.accor.com website. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. For further information, visit www.sustainablehospitalityalliance.org. . 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. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. 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.
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