accor sustainability report 2020

The action you just performed triggered the security solution. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. A sustainable commitment to improve your hotel's performance. Develops talent from within and a strong disciplinarian who leads by example. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. Melbourne, Victoria, Australia. Click to reveal Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. - Lacey Pfalz, Associate Writer, TravelPulse. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Planet 21 is AccorHotels' sustainability program which spans six key pillars including People, Guests, Partners, Communities, Buildings and Sustainable Food, with commitments aligned with the United Nation's Sustainable Development Goals. . Press releases. incentive fees based on the hotel operating margin. 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. For further information, visit www.sustainablehospitalityalliance.org. Today, we want to scale up our ambitions by banking on innovation and accountability. 01/03/2023 02:25 (Paris) 7.74 2.31%. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. 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. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. RevPAR was down (49)% in FY 2021 compared with FY 2019. 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. Dec 2016 - Jan 20181 year 2 months. We also endeavour to incorporate stakeholder focus areas. Luxury & Lifestyle. All regions are now generating positive EBITDA. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. Sustainability; Home; . The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. Corporate reporting and sustainability policy statement 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. The Group achieved solid results regarding the actions taken over the 2011-2015 period. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. 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. Sustainability special report | Kering Accor - Commitment the share of recycled materials used in our garments from 5.8% to 17.9%. Premium, Midscale, Economy. Accor : 2021 Integrated report | MarketScreener Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). . Sustainability Reports | Amcor Sustainability is integral to how we contribute to social value creation. For 2022, the Group expects a net unit growth of 3.5%. Hilton - TRAVEL WITH PURPOSE The . Read full report. Our teams are devoted to fighting against this evil and encourage their customers to do the same. Full-Year 2020 Results Accor demonstrates resilience and adaptability Accor says stop to single-use plastic in its hotels by 2022 - English Cloudflare Ray ID: 7a2f1821ef190cc1 Shell Sustainability Report 2020 - Home 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. PDF 2.23MB . Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Organic waste diversion program in place. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor 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. 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. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. Here you can filter our content according to your activity and your interests. 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. This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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 result contributes to creating a great place to work. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. Sustainability Disclosure 2021. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. Water conservation measures in place. North Europe showed a more modest sequential improvement (+2 percentage points between the third and fourth quarters) and ended FY 2021 with RevPAR down (57)% compared with FY 2019. Your IP: 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. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. Mia Martina - Guest Service Supervisor - Sofitel Melbourne - LinkedIn Jon Warmington - General Manager - Accor | LinkedIn 2018 Consolidated Non-Financial Information. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. Solid and sustainable rebound. 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. Click to reveal 2021 Integrated report. 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. Included in the . Planet 21 Season 1 [2011-2015]: a solid track record. 12/16/2021 1 min. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. View File. 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. 12/28/2022. hide. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). This increase reflected the sharp recovery in business during the second half of the year. In general, the sharper decline in M&F revenue compared to RevPAR (down (46)% over FY 2021 versus FY 2019) can be attributed to the strong decrease in incentive fees based on the hotel operating margin generated from management contracts. Mar 2021 - Apr 20221 year 2 months. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The action you just performed triggered the security solution. . Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. PDF Wilmar International Limited - Asia's Leading Agribusiness Group Operational waste. 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). Accor - The commitment to the planet HotelServices EBITDA was positive at 93 million for 2021. In 2019, this bond had been partially redeemed for the amount of 350 million. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. All. 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. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. 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)%. Revenue Manager. 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. Click to reveal 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. 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. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. 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. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Carbon Neutral Certificate by Farnek. It was a tough year for Shell, but also a year when we set a clear path for our future. This website is using a security service to protect itself from online attacks. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. Read more >. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. 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. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. 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. It is one of four key enablers to deliver our Strategic Plan. Investor feedback suggests a yield in a mid-to-high 2% . Performance & security by Cloudflare. This plan was the Groups way of encouraging the hospitality business to do No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . Press Releases. Guest Service Agent - Club Sofitel Lounge. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. Click on the brand of your choice if you want to filter the benefits. Performance & security by Cloudflare. 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. Download Snacking Made Right ESG Report. Korian Share. Performance & security by Cloudflare. 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. The action you just performed triggered the security solution. Ben van Beurden, CEO. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. This website is using a security service to protect itself from online attacks. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. 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. Sustainability and innovation. 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. 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. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Cloudflare Ray ID: 7a2f18038eaaef6f 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. 67.211.219.14 Our Future is About Sustainable Growth. Accor joins global sustainability network, the Sustainable Hospitality Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. 40% of our Resort's hot water is heated by solar power. Full-Year 2022 Results. Key Achievements-. 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. Amcor 2019 GRI Report. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive PDF document. AccorHotels takes its corporate responsibility to the next level with As part of a policy of progress and transparency, the Group asked its customers for their views on these issues, updated its environmental footprint and assessed its socio-economic footprint for the first time to assess the challenges it faces and construct its new 5-year program. Follow us on . Innovation is integral to Kering's sustainability policy. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. Sustainability report | Loomis Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. Allianz Sustainability Report ESG challenges - i.e., Environmental, Social and Governance (ESG . 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. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 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. The action you just performed triggered the security solution. 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. We share our vision of digital transformation with purpose, our strategy and our . In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! 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. 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). The Report can be accessed here. Plant wall, fight against food waste, etc. Moreover, this operation demonstrated the Groups ambition to accelerate its transition towards a sustainable growth, to notably pursue its commitment in terms of greenhouse gas emission reduction and to affirm its environmental and social values by involving the entire value chain. 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. 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 . revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. PDF Environmental Sustainability Highlights 2019/2020 - Hyatt About Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. 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. You can email the site owner to let them know you were blocked. 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. 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. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. It has affected so many people around the world. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. Tel: 00 971 4 381 8888. 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.. 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. 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. . Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Letter from the CEO. It's our way of opening our doors and creating opportunities for all. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. Cloudflare Ray ID: 7a2f181b2b5e1623 Integrated Report 2020 - Atos PDF version of our 2020 Sustainability Review - a summary of our approach and performance. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. Expedia Group Two key issues to tackle will be food and buildings. Annual Reports and Responsible Business Reports Increase in the Loyalty Mix. Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. During the second half of 2021, the Group returned to a positive cash generation situation. Sustainability reporting | BHP On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its A team leader who gets the best out of his staff. Two key issues to tackle will be food and buildings. This website is using a security service to protect itself from online attacks. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. This website is using a security service to protect itself from online attacks. Each year Loomis publishes an integrated annual and sustainability report. Corporate Sustainability - Sustainability - Grupo ACS See stock description. 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. In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. As of end of December 2021, combined . Marriott International Reports on Environmental, Social, and Governance View File. Live stock. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. 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. 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. 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. Included in the Integrated Report (Section 6 - p. 120) Download. 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.

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