Live stock. 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 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. 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). 01/03/2023 02:25 (Paris) 7.74 2.31%. made possible thanks to the work of our devoted teams Accor over the world. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. room and apartment distribution activities and managed properties). Mar 2021 - Apr 20221 year 2 months. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. 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. 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. 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. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). 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. Many have lost their lives. 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. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. Each year Loomis publishes an integrated annual and sustainability report. This result contributes to creating a great place to work. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. 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). 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. A team leader who gets the best out of his staff. United Arab Emirates. The action you just performed triggered the security solution. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . *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 EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. 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. 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. 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, . WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. The Group controls this new entity through the ownership of a 66.67% stake. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. 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. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. 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). incentive fees based on the hotel operating margin. Cloudflare Ray ID: 7a2f1819ababf6ad Novotel Hyderabad Airport. . 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. 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 covenant was not tested on the two test dates of June 30 and December 31, 2021. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. accor sustainability report 2020meadowglen lane apartments. Our Future is About Sustainable Growth. CAC 40 - INDEXEURO. 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. Each solution measures operational impact, costs and environmental performance . 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. 2020 Consolidated Non-Financial Information. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 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 Report can be accessed here. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. Your IP: Read full report. The fruit and vegetables from this garden are served in the restaurant. "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. Dec 2016 - Jan 20181 year 2 months. It was a tough year for Shell, but also a year when we set a clear path for our future. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. 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. Their report is currently being prepared. Strong growth in consolidated revenue. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Included in the . 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. Innovation is integral to Kering's sustainability policy. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. At Accor, we ask our customers to reuse their towels. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. For 2022, the Group expects a net unit growth of 3.5%. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Our Future is About Sustainable Growth. Operational waste. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . It follows the GRI methodology and use selected Standards with a GRI . Accor is a hotel management company founded in 1967 and based in Paris, France. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. 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. 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. Click to reveal Quality Policy. This plan was the Groups way of encouraging the hospitality business to do 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 . Ben van Beurden, CEO. At the end of 2021, 25% of leadership positions are filled by women. Click on the brand of your choice if you want to filter the benefits. 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. The program for 2020 was drawn up in consultation with the teams. 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. Melbourne, Victoria, Australia. 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. 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). Your IP: 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.. reduction in plastic packaging. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 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. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. It is one of four key enablers to deliver our Strategic Plan. It describes the Company's sustainability platform, material focus areas, goals and results. SUSTAINABILITY AND CSR REPORT 2019. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. 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. Press Releases. Luxury & Lifestyle. The action you just performed triggered the security solution. 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. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. It's our way of opening our doors and creating opportunities for all. It was a tough year for everyone. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. and its hotels to measure and improve its sustainability performance long-term with specific goals. 2021 Integrated report. 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. 531 kb. 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). 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. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. The issues we are tackling are systemic, requiring supply chain and business transformation. . Click to reveal Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). 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. 16.3 mb. Energy-saving guest room controls and building systems. 2019 Sustainability Review. Carbon Neutral Certificate by Farnek. Cloudflare Ray ID: 7a2f18038eaaef6f 2021 ESG REPORT. As of end of December 2021, combined . During 2021, Accor organically opened 288 hotels, representing 41,000 rooms, resulting in a net growth in the network of 3% over the 12-month period. Our teams are devoted to fighting against this evil and encourage their customers to do the same. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Press releases. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. 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). 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. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. 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. 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. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. . Accor. The assessment included seeking internal and external stakeholder feedback. Initiatives to cut fixed costs were partially offset by weaker government subsidies than a year earlier, but nevertheless also continued to have a positive impact. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. 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.
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