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. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . Your IP: AccorHotels takes its corporate responsibility to the next level with The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Sustainability and innovation. 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). Annual report | Signify Company Website Read Letter from the CEO. At the end of 2021, 25% of leadership positions are filled by women. September 21st, 2021. Ethics and Corporate Social Responsibility Charter. 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. Working together for a better future. 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. Premium, Midscale, Economy. Key performance indicators. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. 01/03/2023 02:25 (Paris) 7.74 2.31%. Operational waste. Click to reveal Click to reveal 2019 Sustainability Review. SUSTAINABILITY AND CSR REPORT 2019. This website is using a security service to protect itself from online attacks. 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, Accor's sustainability approach includes initiatives at your hotel to . Letter from the CEO - Shell Sustainability Report 2019 Green Hotel Dubai | Sustainable Practices | Four Seasons Resort During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. Water-efficient landscaping. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. 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. You can email the site owner to let them know you were blocked. 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. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. Integrated Report 2020 - Atos - Lacey Pfalz, Associate Writer, TravelPulse. Guest Service Agent - Club Sofitel Lounge. As a leader in the hospitality sector . Performance & security by Cloudflare. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! Your IP: 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. 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. 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 early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Senior Vice President Group External Communications. Shell Sustainability Report 2020 - Home Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. . 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 . Read full report. The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. 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. 12/16/2021 1 min. 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. 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. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. 2020 Consolidated Non-Financial Information. Sustainability & Environmental Responsibility | Social - Gore The assessment included seeking internal and external stakeholder feedback. 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. We are working to reduce the environmental impacts of our operations through our EnviroAction program. Hilton - TRAVEL WITH PURPOSE Here you can filter our content according to your activity and your interests. It is core to our strategy and sits at the heart of everything we do. Click on the brand of your choice if you want to filter the benefits. Download Snacking Made Right ESG Report. Read more >. 62.141.45.132 Paccor Publishes First Annual Sustainability Report Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. 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 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. The action you just performed triggered the security solution. A team leader who gets the best out of his staff. Your IP: The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. Recycling program in place. 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. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. Two key issues to tackle will be food and buildings. 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 . 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). ESG challenges - i.e., Environmental, Social and Governance (ESG . 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. This website is using a security service to protect itself from online attacks. 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. 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. We measure and report on our Scope 1, Scope 2 . Accor Joins the Sustainable Hospitality Alliance | TravelPulse 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. 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. Accor wraps lender calls on 500M of sustainability-linked bonds Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. It describes the Company's sustainability platform, material focus areas, goals and results. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. You can email the site owner to let them know you were blocked. United Arab Emirates. 75.119.192.80 Follow us on . 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. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. Your IP: Accor - The commitment to the planet In 2019, this bond had been partially redeemed for the amount of 350 million. Sustainability Report 2022 | Amcor Key considerations and . Today, we want to scale up our ambitions by banking on innovation and accountability. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . 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. 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. MGM Resorts International's 2020 Social Impact and Sustainability It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. 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. Amcor 2019 GRI Report. 47 million, largely due to the full consolidation of sbe since Q4 2020. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. 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. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Sustainability; Home; . Responsible Business Report 2022. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. During the second half of 2021, the Group returned to a positive cash generation situation. accor sustainability report 2020 It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. Waste Reduction. 16.3 mb. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. 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. 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. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. This result contributes to creating a great place to work. It follows the GRI methodology and use selected Standards with a GRI . Cloudflare Ray ID: 7a2f18038eaaef6f The new system aims higher and is more accommodating as regards local specifics and operational realities. Cloudflare Ray ID: 7a2f181ebecd86c6 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. Cloudflare Ray ID: 7a2f181b2b5e1623 View File. 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. Sustainability Reports | CapitaLand You can email the site owner to let them know you were blocked. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. Sbastien Bazin, the Group's Chairman & CEO, stated, "The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide, are both valuable levers for our sustainable performance. ESG | Korian In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. PDF document. 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.. Double our percentage of women in leadership to 34%. 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. 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. Organic waste diversion program in place. PDF document. *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. Your IP: Many have lost their lives. CAC 40 - INDEXEURO. 2021 ESG REPORT. . Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor The fruit and vegetables from this garden are served in the restaurant. InterContinental Hotels Group Corporate Responsibility | IHG
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