The report covers the period 1 January to 31 December. United Arab Emirates. 75.119.192.80 THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. 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. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. 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. PDF document. Organic waste diversion program in place. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 2021 Consolidated Non-Financial Information. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. Water conservation measures in place. . Accor. Senior Vice President Group External Communications. 00:00. Carbon Neutral Certificate by Farnek. 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. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. SUSTAINABILITY AND CSR REPORT 2019. This plan was the Groups way of encouraging the hospitality business to do Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. 2018 Consolidated Non-Financial Information. Cloudflare Ray ID: 7a2f18038eaaef6f Melco recognized by global environmental disclosure system CDP as one of China's . Download Snacking Made Right ESG Report. SUSTAINABILITY AND CSR REPORT 2018. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. . Operational waste. 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. At Accor, we ask our customers to reuse their towels. 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. 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. and its hotels to measure and improve its sustainability performance long-term with specific goals. Included in the Integrated Report (Section 5 - p. 88) download. Your IP: After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. 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. Accor is a hotel management company founded in 1967 and based in Paris, France. Dec 2016 - Jan 20181 year 2 months. 11/23/2021 3 min. 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 change in working capital requirement returned to close to breakeven. All regions are now generating positive EBITDA. Their report is currently being prepared. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. Wilmar International Limited - Asia's Leading Agribusiness Group 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. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. 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. For 2022, the Group expects a net unit growth of 3.5%. 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. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). Each solution measures operational impact, costs and environmental performance . 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. It's our way of opening our doors and creating opportunities for all. ), 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. 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. Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. After five years, the results of the first phase of the plan are very encouraging. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Press releases. Amcor 2019 GRI Report. . 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. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. CAC 40. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. We measure and report on our Scope 1, Scope 2 . 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. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. 67.211.219.14 There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. Our 21st Sustainability Report covers the period 01 January 2021 . Two key issues to tackle will be food and buildings. Your IP: 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. Your IP: Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. AccorHotels is a Group united by a shared passion for hospitality and driven by a shared promise to make everyone Feel Welcome.Over 190,000 women and men in 3,900 AccorHotels establishments look after thousands of guests every day in 92 countries.AccorHotels is the worlds leading hotel operator and offers its customers, partners and employees:- its dual expertise as a hotel operator and franchisor (HotelServices) and a hotel owner and investor (HotelInvest);- a large portfolio of internationally renowned brands covering the full spectrum, with luxury (Sofitel, Pullman, MGallery by Sofitel, Grand Mercure, The Sebel), midscale (Novotel, Suite Novotel, Mercure, Mama Shelter, Adagio) and economy (ibis, ibis Styles, ibis budget, adagio access and hotelF1) establishments;- a powerful marketplace and loyalty program: Le Club AccorHotels;- almost half a century of commitment to corporate citizenship and solidarity with the PLANET 21 program.Accor SA shares are listed on the Euronext Paris exchange (ISIN code: FR0000120404) and traded in the USA on the OTC marketplace (Code: ACRFY). The program for 2020 was drawn up in consultation with the teams. Sustainability Disclosure 2021. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 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. . Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. Cloudflare Ray ID: 7a2f1863d83a23d4 It has affected so many people around the world. The covenant was not tested on the two test dates of June 30 and December 31, 2021. Quality Policy. 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, 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. The action you just performed triggered the security solution. 217.61.142.251 A team leader who gets the best out of his staff. Strong growth in consolidated revenue. of suppliers regard H&M Group as a fair business partner. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. 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. 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. It describes the Company's sustainability platform, material focus areas, goals and results. Develops talent from within and a strong disciplinarian who leads by example. Performance & security by Cloudflare. The fruit and vegetables from this garden are served in the restaurant. 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. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. The action you just performed triggered the security solution. Revenue Manager. This website is using a security service to protect itself from online attacks. September 21st, 2021. 2019 Sustainability Review. Two key issues to tackle will be food and buildings. 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. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. 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. Here you can filter our content according to your activity and your interests. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! 6/24/2020. 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. CAC 40 - INDEXEURO. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. PDF document. 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. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. You can email the site owner to let them know you were blocked. Over 68 million members benefit from the companys comprehensive loyalty program ALL - Accor Live Limitless - a daily Lifestyle companion that provides access to a wide variety of rewards, services and experiences. 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. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). Responsible Business Report 2022. incentive fees based on the hotel operating margin. Each year Loomis publishes an integrated annual and sustainability report. Working together for a better future. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Waste Reduction. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. Environmental Policy. 2020 Consolidated Non-Financial Information. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. As a leader in the hospitality sector . The action you just performed triggered the security solution. Sustainability. 12/28/2022. Sustainability and innovation. Mar 2021 - Apr 20221 year 2 months. We are working to reduce the environmental impacts of our operations through our EnviroAction program. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). 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 been acquiring hospitality expertise for more than 50 years, resulting in an unrivaled portfolio of brands, from luxury to economy, supported by one of the most attractive loyalty programs in the world. . PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. 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 latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. Environmental Sustainability Highlights 2019/2020 - Hyatt About Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. reduction in plastic packaging. Many have lost their lives. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 Amcor 2020 Sustainability Report. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. You can email the site owner to let them know you were blocked. 16.3 mb. . Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. 164.46.106.217 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 . Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. Planet 21 Season 1 [2011-2015]: a solid track record. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . 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. Cloudflare Ray ID: 7a2f181ebecd86c6 Click to reveal Click to reveal ESG challenges - i.e., Environmental, Social and Governance (ESG . 47 million, largely due to the full consolidation of sbe since Q4 2020. Full-Year 2022 Results. The . hide. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Accor's sustainability approach includes initiatives at your hotel to .