accor sustainability report 2020

This increase reflected the sharp recovery in business during the second half of the year. Included in the . Share your thoughts with Twitter #ActingHere, More information on the digital press kit. Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. Each year Loomis publishes an integrated annual and sustainability report. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. - Lacey Pfalz, Associate Writer, TravelPulse. Melco recognized by global environmental disclosure system CDP as one of China's . Our Future is About Sustainable Growth. 67.211.219.14 At the end of 2021, the Group notably successfully renegotiated the covenant linked to the 1,200 million credit facility which now includes a liquidity covenant out to December 2023 before returning to the initial net debt ratio covenant. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Cloudflare Ray ID: 7a2f181ebecd86c6 12/16/2021 1 min. 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.. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. 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. 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 strives to act for "positive hospitality" and has set ambitious objectives, structured around four strategic pillars: working with our teams, involving our clients . Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. Click to reveal The assessment included seeking internal and external stakeholder feedback. 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. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. Performance & security by Cloudflare. 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. 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. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. Morroco Ourika. The new system aims higher and is more accommodating as regards local specifics and operational realities. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. 2021 Sustainability Report. . 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. 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. Performance & security by Cloudflare. Your IP: 00:00. made possible thanks to the work of our devoted teams Accor over the world. Ethics and Corporate Social Responsibility Charter. This website is using a security service to protect itself from online attacks. Recycling program in place. Energy-saving guest room controls and building systems. Environmental Policy. and its hotels to measure and improve its sustainability performance long-term with specific goals. Increase in the Loyalty Mix. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. 2020 Consolidated Non-Financial Information. ), 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. Key performance indicators. Performance & security by Cloudflare. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . View File. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Operational waste. 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. You can email the site owner to let them know you were blocked. 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's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. 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. Key considerations and . A trouble-shooter who is constantly looking to solve problems and see problems as challenges. 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. RevPAR was down (49)% in FY 2021 compared with FY 2019. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . 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). Press Releases. The action you just performed triggered the security solution. 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. Sustainability Disclosure 2021. 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 is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. The action you just performed triggered the security solution. 11/23/2021 3 min. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). Your IP: 12/28/2022. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. 00:00. Develops talent from within and a strong disciplinarian who leads by example. Performance & security by Cloudflare. 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 . You can email the site owner to let them know you were blocked. 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. 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. Many have lost their lives. By reducing its cradle-to-grave carbon footprint intensity of 11% compared to 2019 and increasing the recyclability of its products to a total of 65% the company is on a clear and ambitious path forward with its sustainability strategy CARE. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai [email protected]. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. Cloudflare Ray ID: 7a2f18038eaaef6f September 21st, 2021. 6/24/2020. 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). 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. Our teams are devoted to fighting against this evil and encourage their customers to do the same. the share of recycled materials used in our garments from 5.8% to 17.9%. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Cloudflare Ray ID: 7a2f1863d83a23d4 Live stock. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. You can email the site owner to let them know you were blocked. PDF 2.23MB 2018 Consolidated Non-Financial Information. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. Cloudflare Ray ID: 7a2f1821ef190cc1 We share our vision of digital transformation with purpose, our strategy and our . All regions are now generating positive EBITDA. Cloudflare Ray ID: 7a2f181b2b5e1623 As a leader in the hospitality sector . . 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. 2017 Report. 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. It was a tough year for Shell, but also a year when we set a clear path for our future. The change in working capital requirement returned to close to breakeven. The program for 2020 was drawn up in consultation with the teams. The action you just performed triggered the security solution. 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). 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 hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. Revenue in the Management & Franchise (M&F) stood at 518 million, up 74% like-for-like versus FY 2020 (down (51)% like-for-like versus FY 2019), with regional performances correlated to health crisis developments in the countries considered. hide. 2022 Full-year results. Accor achieved all of this while ensuring that tomorrow's hospitality is built on sustainable foundations, and we strive to make a positive impact on people and planet, giving back more than we take. Ben van Beurden, CEO. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . 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. 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. It is core to our strategy and sits at the heart of everything we do. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Press releases. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. Korian Share. This website is using a security service to protect itself from online attacks. As of end of December 2021, combined . This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. This website is using a security service to protect itself from online attacks. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. . 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. After five years, the results of the first phase of the plan are very encouraging. 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. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Here you can filter our content according to your activity and your interests. Waste Reduction. 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. Novotel Hyderabad Airport. "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. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries.

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