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. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. 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. Corporate Sustainability; . The Group achieved solid results regarding the actions taken over the 2011-2015 period. . Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. Hyderabad Area, India. All. Senior Vice President Group External Communications. All regions are now generating positive EBITDA. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. Your IP: View File. Press Releases. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. 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. The change in working capital requirement returned to close to breakeven. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. At Shell, we are doing everything we can to help in the global response to the virus. This result contributes to creating a great place to work. Read Letter from the CEO. Our 21st Sustainability Report covers the period 01 January 2021 . 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. 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. It is core to our strategy and sits at the heart of everything we do. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . This website is using a security service to protect itself from online attacks. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. 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. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. It was a tough year for Shell, but also a year when we set a clear path for our future. Cloudflare Ray ID: 7a2f18038eaaef6f This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. Sustainability is integral to how we contribute to social value creation. 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. Included in the Integrated Report (Section 5 - p. 88) download. 16.3 mb. 164.46.106.217 12/16/2021 1 min. 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. 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 assessment included seeking internal and external stakeholder feedback. 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. 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. Amcor 2019 GRI Report. Press releases. 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. Click to reveal 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. Environment & CSR. The action you just performed triggered the security solution. 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. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 The . Live stock. Cloudflare Ray ID: 7a2f181b2b5e1623 These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. Included in the Integrated Report (Section 6 - p. 120) Download. 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). 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. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . Planet 21 Season 1 [2011-2015]: a solid track record. 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. Performance & security by Cloudflare. Performance & security by Cloudflare. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. 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. Working together for a better future. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. 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. RevPAR was down (49)% in FY 2021 compared with FY 2019. 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. 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. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. 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. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. 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. 2021 Sustainability Report. This redemption was notably funded through the issuance of bonds convertible and/or exchangeable into new and/or existing shares (OCEANEs) on December 7, 2020. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. Water-efficient landscaping. The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. The new system aims higher and is more accommodating as regards local specifics and operational realities. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. After five years, the results of the first phase of the plan are very encouraging. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. 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. Key performance indicators. CAC 40 - INDEXEURO. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. 2021 Consolidated Non-Financial Information. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). Their report is currently being prepared. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. Two key issues to tackle will be food and buildings. Click to reveal Your IP: Increase in the Loyalty Mix. 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. PDF 10.87MB; ESG Databook. 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. We also endeavour to incorporate stakeholder focus areas. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. 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. This segment, which is closely linked to business in Australia, notably benefited from a recovery in leisure tourism demand during the first half of the year and at the end of FY 2021 on the North-East coast of the country where most of the Groups Strata activities are located (i.e. Ben van Beurden, CEO. *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. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 6/24/2020. 01/03/2023 02:25 (Paris) 7.74 2.31%. Each solution measures operational impact, costs and environmental performance . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Accor. 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). RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. Performance & security by Cloudflare. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Universal Registration Document. Download Snacking Made Right ESG Report. 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. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. As a leader in the hospitality sector . Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. PDF document. 00:00. the share of recycled materials used in our garments from 5.8% to 17.9%. 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. 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. You can email the site owner to let them know you were blocked. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 75.119.192.80 12/28/2022. This increase reflected the sharp recovery in business during the second half of the year. The action you just performed triggered the security solution. You can email the site owner to let them know you were blocked. Wilmar International Limited - Asia's Leading Agribusiness Group For 2022, the Group expects a net unit growth of 3.5%. At Accor, we ask our customers to reuse their towels. Organic waste diversion program in place. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. Your IP: Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. Develops talent from within and a strong disciplinarian who leads by example. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . 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. Melbourne, Victoria, Australia. A team leader who gets the best out of his staff. 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. 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. 2020. Click to reveal Click to reveal We are working to reduce the environmental impacts of our operations through our EnviroAction program. 193.32.208.109 2019 Sustainability Review. Sustainability; Home; . In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. United Arab Emirates. Letter from the CEO. 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. This website is using a security service to protect itself from online attacks. While business in Saudi Arabia remained held back by tight restrictions weighing on pilgrimages, the United Arab Emirates benefit from demand linked to Expo 2021 which started from October 1, 2021. Environmental Policy. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. Two key issues to tackle will be food and buildings. Solid and sustainable rebound. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. 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). 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. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). 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 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. Key considerations and . This report also includes a summary of how ITC's Sustainability 2.0 ambitions and priorities are contributing to the achievement of United Nation's Sustainable Development Goals (UN SDGs). 2021 ESG REPORT. Cloudflare Ray ID: 7a2f1863d83a23d4 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. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! Many have lost their lives. This website is using a security service to protect itself from online attacks. 2017 Report. 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. We share our vision of digital transformation with purpose, our strategy and our . . 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. 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. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. For further information, visit www.sustainablehospitalityalliance.org. As of end of December 2021, combined . Recycling program in place. 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. Mar 2021 - Apr 20221 year 2 months. The action you just performed triggered the security solution. Group revenue for the third quarter of 2021 came in at 589 million, up 79% as reported, and 79% like-for-like versus Q3 2020 (i.e., -40% compared with Q3 2019). Accor is a hotel management company founded in 1967 and based in Paris, France. Luxury & Lifestyle. Responsible Business Report 2022. Amcor 2020 Sustainability Report. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . 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. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . You can email the site owner to let them know you were blocked. Read more >. You can email the site owner to let them know you were blocked. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. ESG challenges - i.e., Environmental, Social and Governance (ESG . Read full report. 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. You can email the site owner to let them know you were blocked. Our Future is About Sustainable Growth. The Executive Summary has been crafted to provide its reader a quick overview of ITC's Sustainability journey in FY2022, serving as a concise yet comprehensive companion to the detailed Sustainability and . Coupa provides a unified, cloud-based spend management platform that connects hundreds of . 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. It is more flexible and is based on a participative approach allowing each hotel to set its own objectives and map out its own action plan. 217.61.142.251 During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. 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. 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. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts and its hotels to measure and improve its sustainability performance long-term with specific goals. Investor feedback suggests a yield in a mid-to-high 2% . There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. 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. Water conservation measures in place. 531 kb. The expansion of The Pledge comes at a time when travellers' awareness of and demand for tourism sustainability practices continues to grow, with Millennials and GenZ taking the lead with heightened environmental consciousness.