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. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. Read full report. Planet 21 Season 1 [2011-2015]: a solid track record. 16.3 mb. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Sustainability. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts The action you just performed triggered the security solution. Letter from the CEO - Shell Sustainability Report 2019 As of end of December 2021, combined with the two undrawn credit facilities of 1.8 billion, Accor had a liquidity position of 3.4 billion. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. 531 kb. 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. . It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. United Arab Emirates. You can email the site owner to let them know you were blocked. 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. 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. 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. 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. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. This result contributes to creating a great place to work. 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. 40% of our Resort's hot water is heated by solar power. 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. 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 has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. Accor Joins the Sustainable Hospitality Alliance | TravelPulse Coupa Software Incorporated - AnnualReports.com 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. Strong growth in consolidated revenue. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. KR Rakesh - Cluster Revenue Manager, RMCC Shanghai- Asia - LinkedIn Dec 2016 - Jan 20181 year 2 months. Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . 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). PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. ITC's Sustainability Reports Quality Policy. PDF Accor Planet 21 Annual report | Signify Company Website Sustainability Reports | Amcor PDF document. Accor - Commitment Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. Sbastien Bazin, the Group's Chairman & CEO, stated, "The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide, are both valuable levers for our sustainable performance. Key performance indicators. MGM Resorts International's 2020 Social Impact and Sustainability Double our percentage of women in leadership to 34%. Our Future is About Sustainable Growth - Accor 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. Luxury & Lifestyle. . 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 . 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. 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. Each solution measures operational impact, costs and environmental performance . Today, we want to scale up our ambitions by banking on innovation and accountability. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. A sustainable commitment to improve your hotel's performance. Two key issues to tackle will be food and buildings. 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. 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. 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. 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 consolidated financial statements and notes related to this press release are available on the www.accor.com website. . Although the effects of this unprecedented crisis linked to the Covid-19 pandemic have not yet fully disappeared, all of the Groups geographies now appear to be well on the way to enjoying more normative levels of business. 11/23/2021 3 min. 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)%. Universal Registration Document. Working together for a better future. Our Future is About Sustainable Growth. The action you just performed triggered the security solution. 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. 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). Water conservation measures in place. Click to reveal Read Letter from the CEO. It describes the Company's sustainability platform, material focus areas, goals and results. Environment & CSR - Accor Investor feedback suggests a yield in a mid-to-high 2% . 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. Your IP: Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). A team leader who gets the best out of his staff. made possible thanks to the work of our devoted teams Accor over the world. Click to reveal For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. . In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Your IP: Click to reveal As a leader in the hospitality sector . 12/28/2022. 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. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. 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. Accor Planet 21 Background . 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). RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. 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. Hyderabad Area, India. At Accor, we ask our customers to reuse their towels. Our teams are devoted to fighting against this evil and encourage their customers to do the same. 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 . The Group controls this new entity through the ownership of a 66.67% stake. All regions are now generating positive EBITDA. September 21st, 2021. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. Ben van Beurden, CEO. Performance & security by Cloudflare. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. 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). With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. 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). 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. 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 - The commitment to the planet 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. Green Hotel Dubai | Sustainable Practices | Four Seasons Resort We are working to reduce the environmental impacts of our operations through our EnviroAction program. SUSTAINABILITY AND CSR REPORT 2019. This increase reflected the sharp recovery in business during the second half of the year. View File. 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. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. incentive fees based on the hotel operating margin. Eco-designed materials used in the bedrooms. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. 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. Download Snacking Made Right ESG Report. . Letter from the CEO. 00:00. 62.141.45.132 Operational waste. 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. Allianz Sustainability Report This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. It's our way of opening our doors and creating opportunities for all. The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. Included in the Integrated Report (Section 5 - p. 88) download. Revenue Manager. Annual Reports and Responsible Business Reports Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. Accor joins global sustainability network, the Sustainable Hospitality 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. Ethics and Corporate Social Responsibility Charter. Carbon Neutral Certificate by Farnek. Reports and Policies - Huawei A trouble-shooter who is constantly looking to solve problems and see problems as challenges. 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. 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). 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. Environmental Sustainability Highlights 2019/2020 - Hyatt About 2019 Sustainability Review. Your IP: In 2021, payment of fees was in line with business levels during the year as well as the collection of certain fees for which payment deadline extensions were granted to certain hotel owners. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. Sustainability reporting | BHP Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. The report covers the period 1 January to 31 December. Sustainability Disclosure 2021. Click on the brand of your choice if you want to filter the benefits. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Plant wall, fight against food waste, etc. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. Reporting - olamgroup.com 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. Follow us on . The change in working capital requirement returned to close to breakeven. See stock description. reduction in plastic packaging. Accor's sustainability approach includes initiatives at your hotel to . Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. For further information, visit www.sustainablehospitalityalliance.org. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Jon Warmington - General Manager - Accor | LinkedIn Click to reveal 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. Solid and sustainable rebound. Sustainable Food and Beverage. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. ), 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. 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. Corporate Sustainability - Sustainability - Grupo ACS 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. 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. Performance & security by Cloudflare. 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. We share our vision of digital transformation with purpose, our strategy and our . 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. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Environmental, Social, and Governance (ESG) - Coupa 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.
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