Performance & security by Cloudflare. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. Letter from the CEO. InterContinental Hotels Group Corporate Responsibility | IHG Share your thoughts with Twitter #ActingHere, More information on the digital press kit. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). 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. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its On November 23, 2021, Accor announced the success of this transaction and partially redeemed two bonds, namely a bond with a 2023 maturity and a bond maturing in 2024, for a total amount of 448 million. The action you just performed triggered the security solution. Innovation is integral to Kering's sustainability policy. 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. Their report is currently being prepared. Mar 2021 - Apr 20221 year 2 months. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. 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. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Environmental, Social, and Governance (ESG) - Coupa The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . Sustainability is integral to how we contribute to social value creation. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. 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). 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. ), 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. Sustainability special report | Kering 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. 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. Click to reveal You can email the site owner to let them know you were blocked. reduction in plastic packaging. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Recurring expenditure, which includes key money paid by HotelServices for its development and digital and IT investments, was kept in check, ending the year below the initially indicated range of 150-200 million. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. 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. Accor AC - Euronext Paris. During the second half of 2021, the Group returned to a positive cash generation situation. You can email the site owner to let them know you were blocked. Luxury & Lifestyle. 00:00. 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. The Group controls this new entity through the ownership of a 66.67% stake. 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. 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 Accor Planet 21 All regions are now generating positive EBITDA. Premium, Midscale, Economy. 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. Amcor 2019 GRI Report. SUSTAINABILITY AND CSR REPORT 2018. It follows the GRI methodology and use selected Standards with a GRI . They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. 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. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. 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. 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. PDF document. Revenue Manager. We are working to reduce the environmental impacts of our operations through our EnviroAction program. Morroco Ourika. Your IP: 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. Accor reaffirms its net-zero commitment and signs two new initiatives Wilmar International Limited - Asia's Leading Agribusiness Group Sustainability and diversity detailed in new AccorHotels report Each solution measures operational impact, costs and environmental performance . Accor says stop to single-use plastic in its hotels by 2022 - English Our Future is About Sustainable Growth - Accor Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. Sustainability & Environmental Responsibility | Social - Gore Click to reveal Read Letter from the CEO. Follow us on . . Responsible Business - InterContinental Hotels Group PLC Two key issues to tackle will be food and buildings. Accor's sustainability approach includes initiatives at your hotel to . Eco-designed materials used in the bedrooms. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Accor - Shareholders & Investors 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. September 21st, 2021. This increase reflected the sharp recovery in business during the second half of the year. ESG | Korian Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. . 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.. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. Environment & CSR - Accor For further information, visit www.sustainablehospitalityalliance.org. 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. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. Today, we want to scale up our ambitions by banking on innovation and accountability. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. 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). It was a tough year for everyone. 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. Sustainability report | Loomis In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. 2020 Consolidated Non-Financial Information. Click on the brand of your choice if you want to filter the benefits. 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. Guest Service Agent - Club Sofitel Lounge. You can email the site owner to let them know you were blocked. Ethics and Corporate Social Responsibility Charter. 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. Green Hotel Dubai | Sustainable Practices | Four Seasons Resort Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor We also endeavour to incorporate stakeholder focus areas. Our Future is About Sustainable Growth. Develops talent from within and a strong disciplinarian who leads by example. . HotelServices EBITDA was positive at 93 million for 2021. 2020. 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. Expedia Group Here you can filter our content according to your activity and your interests. Sustainability Report | Central Plaza Hotel (CENTEL) Strong growth in consolidated revenue. Read full report. Accor joins global sustainability network, the Sustainable Hospitality Coupa Software Incorporated - AnnualReports.com At the end of 2021, between 25% and 27% of our revenues comes from lighting innovations that increase food availability, safety & security, or health & wellbeing. Novotel Hyderabad Airport. - 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. This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. Solid and sustainable rebound. Allianz Sustainability Report Sustainability and ESG - Accsys Technologies Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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). Shell Sustainability Report 2020 - Home 67.211.219.14 Letter from the CEO. This performance was linked to the recovery in business which reflected better absorption of fixed costs. Our Future is About Sustainable Growth. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . The action you just performed triggered the security solution. "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. 217.61.142.251 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 . 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. 193.32.208.109 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. Your IP: 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. Press releases | Accor - Newsroom ESG challenges - i.e., Environmental, Social and Governance (ESG . Key considerations and . 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. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . You can email the site owner to let them know you were blocked. Cloudflare Ray ID: 7a2f1863d83a23d4 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 took one bold commitment in 2019/20: eliminate ALL guest-related single-use plastic items in its hotels by end 2022 across 110 countries . +7 percentage points between the third and fourth quarters). There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. MGM Resorts International's 2020 Social Impact and Sustainability Increase in the Loyalty Mix. Read more >. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Korian Share. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. Sustainability; Home; . As of end of December 2021, combined . 2019 Sustainability Review. Performance & security by Cloudflare. 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. Accor - The commitment to the planet Sustainability Reporting - H&M Group Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. 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. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. 2017 Report. 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.