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. 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. Sustainability Disclosure 2021. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Press releases. You can email the site owner to let them know you were blocked. Click to reveal HotelServices EBITDA was positive at 93 million for 2021. 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. Included in the . Universal Registration Document. 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. You can email the site owner to let them know you were blocked. Senior Vice President Group External Communications. This number reflects an improvement compared with more than 70 million targeted initially, thanks to the implementation of the staff redundancy plan and tight control of consultant costs. 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. 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. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Today, we want to scale up our ambitions by banking on innovation and accountability. You can email the site owner to let them know you were blocked. 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. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. This website is using a security service to protect itself from online attacks. Sustainability and innovation. Novotel Hyderabad Airport. It describes the Company's sustainability platform, material focus areas, goals and results. Your IP: 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. 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. 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 change in working capital requirement returned to close to breakeven. 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. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. The action you just performed triggered the security solution. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 This website is using a security service to protect itself from online attacks. 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. hide. This increase reflected the sharp recovery in business during the second half of the year. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. Read Letter from the CEO. The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. Mar 2021 - Apr 20221 year 2 months. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Key Achievements-. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. 2020 Consolidated Non-Financial Information. 2021 ESG REPORT. Accor is a hotel management company founded in 1967 and based in Paris, France. The fruit and vegetables from this garden are served in the restaurant. 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. Follow us on . The report covers the period 1 January to 31 December. Performance & security by Cloudflare. 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. 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. . Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. View File. 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). 2021 Integrated report. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. Wilmar International Limited - Asia's Leading Agribusiness Group CAC 40 - INDEXEURO. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. 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. Hyderabad Area, India. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Melbourne, Victoria, Australia. Ethics and Corporate Social Responsibility Charter. A team leader who gets the best out of his staff. Responsible Business Report 2022. Dec 2016 - Jan 20181 year 2 months. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. As a leader in the hospitality sector . Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. 2022 Full-year results. Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. SUSTAINABILITY AND CSR REPORT 2019. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. Carbon Neutral Certificate by Farnek. Three points should be noted: During FY 2021, Group recurring free cash flow improved significantly, from (727) million in FY 2020 to (246) million in FY 2021. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. The issues we are tackling are systemic, requiring supply chain and business transformation. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. Plant wall, fight against food waste, etc. Our 21st Sustainability Report covers the period 01 January 2021 . Increase in the Loyalty Mix. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. 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. You can email the site owner to let them know you were blocked. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. Sustainable Food and Beverage. This website is using a security service to protect itself from online attacks. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. 75.119.192.80 This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. Jean-Jacques Morin, Deputy CEO & CFO, and Brune Poirson, Chief Sustainability Officer, discuss the Group's commitment to ESG, focusing on one of its key areas: net zero carbon. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). Tel: 00 971 4 381 8888. At the end of 2021, 25% of leadership positions are filled by women. This SPAC successfully raised 300 million with a view to acquire one or more companies in sectors related to the core hotel business operated by Accor, Read more >. The action you just performed triggered the security solution. 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 . Each solution measures operational impact, costs and environmental performance . 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. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. Two key issues to tackle will be food and buildings. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . 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. 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. Besides, Accor will continue working on restoring its pre-Covid credit profile and could contemplate an additional return beyond its ordinary dividend subject to the respect of this objective. 12/16/2021 1 min. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. 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. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. the share of recycled materials used in our garments from 5.8% to 17.9%. 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. 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. 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. Key considerations and . The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. 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. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. 12/28/2022. Morroco Ourika. At the end of December 2021, the Group had a hotel portfolio of 777,714 rooms (5,298 hotels) and a pipeline of 214,000 rooms (1,218 hotels). reduction in plastic packaging. 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. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. incentive fees based on the hotel operating margin. 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 . To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of 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. accor sustainability report 2020meadowglen lane apartments. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. 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. Accor's unmatched position in lifestyle hospitality one of the fastest growing categories in the industry is led by Ennismore, a joint venture, which Accor holds a majority shareholding. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . 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. Two key issues to tackle will be food and buildings. All. Your IP: At the end of 2015, all its hotels were committed to protecting children from abuse (in-house awareness program, WATCH) and more than 4.5 million trees had been planted worldwide since 2009. 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. 2018 Consolidated Non-Financial Information. Waste Reduction. 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. 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. Sustainability. Full-Year 2022 Results. Working together for a better future. 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. . PDF document. Read full report. 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. The action you just performed triggered the security solution. The Group controls this new entity through the ownership of a 66.67% stake. Cloudflare Ray ID: 7a2f1819ababf6ad 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.

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