PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. Press Releases. 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. Working together for a better future. The action you just performed triggered the security solution. This performance was linked to the recovery in business which reflected better absorption of fixed costs. Guest Service Agent - Club Sofitel Lounge. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. 75.119.192.80 2021 Sustainability Report. 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. Sustainability Reports | Amcor During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. 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. 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. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). 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. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. Sustainable Food and Beverage. ESG Reporting & Disclosure | Mondelz International, Inc. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. 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. 62.141.45.132 The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. Sustainability Disclosure 2021. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. 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. 47 million, largely due to the full consolidation of sbe since Q4 2020. It was a tough year for everyone. 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. PDF 10.87MB; ESG Databook. 00:00. Coupa Software Incorporated - AnnualReports.com The action you just performed triggered the security solution. 193.32.208.109 This website is using a security service to protect itself from online attacks. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability 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. Key performance indicators. Tel: 00 971 4 381 8888. MGM Resorts International's 2020 Social Impact and Sustainability Our teams are devoted to fighting against this evil and encourage their customers to do the same. CAC 40 - INDEXEURO. After five years, the results of the first phase of the plan are very encouraging. The new system aims higher and is more accommodating as regards local specifics and operational realities. 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. 12/16/2021 1 min. This website is using a security service to protect itself from online attacks. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. The Report can be accessed here. Performance & security by Cloudflare. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . Performance & security by Cloudflare. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. 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. 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. 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. Cloudflare Ray ID: 7a2f1821ef190cc1 You can email the site owner to let them know you were blocked. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. 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. Melco recognized by global environmental disclosure system CDP as one of China's . Eco-designed materials used in the bedrooms. Energy-saving guest room controls and building systems. 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. We are working to reduce the environmental impacts of our operations through our EnviroAction program. Reporting - olamgroup.com 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. Luxury & Lifestyle. Your IP: 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. Press releases | Accor - Newsroom As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. Follow us on . 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. Included in the . 217.61.142.251 Ethics and Corporate Social Responsibility Charter. Operational waste. 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. Performance & security by Cloudflare. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Accor reaffirms its net-zero commitment and signs two new initiatives Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Your IP: Corporate reporting and sustainability policy statement 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. 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. Melbourne, Victoria, Australia. 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). Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. Each solution measures operational impact, costs and environmental performance . At Shell, we are doing everything we can to help in the global response to the virus. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. Click to reveal Sustainability and ESG - Accsys Technologies The issues we are tackling are systemic, requiring supply chain and business transformation. The fruit and vegetables from this garden are served in the restaurant. Accor. 40% of our Resort's hot water is heated by solar power. 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. 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. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. 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. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. Dec 2016 - Jan 20181 year 2 months. Carbon Neutral Certificate by Farnek. Accor : 2021 Integrated report | MarketScreener Our solid performances were achieved owing to the strength of our brands, our financial discipline and the sterling efforts of our teams who, throughout the year, demonstrated determination, tenacity and generosity. Consensus ESG Ratings info for Accor | Company Ratings These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Investor feedback suggests a yield in a mid-to-high 2% . 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.. Press releases. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. Sustainability reporting | BHP Full-Year 2020 Results Accor demonstrates resilience and adaptability Premium, Midscale, Economy. Integrated Report 2020 - Atos Accor's Full-Year 2021 Results: Significant rebound in activity Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. 2019 Sustainability Review. Develops talent from within and a strong disciplinarian who leads by example. Responsible Business Report 2022. 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. Cloudflare Ray ID: 7a2f181b2b5e1623 Through its Planet 21 Acting Here, 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. 2017 Report. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Sustainability and diversity detailed in new AccorHotels report In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. 2020. . Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . . Your IP: This increase reflected the sharp recovery in business during the second half of the year. ESG challenges - i.e., Environmental, Social and Governance (ESG . 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. PDF Wilmar International Limited - Asia's Leading Agribusiness Group The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. CAC 40. 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. Letter from the CEO - Shell Sustainability Report 2019 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. See stock description. 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. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. 12/28/2022. 2021 Integrated report. Universal Registration Document. It is one of four key enablers to deliver our Strategic Plan. Annual Reports and Responsible Business Reports Accor joins global sustainability network, the Sustainable Hospitality 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. Planet 21 Season 1 [2011-2015]: a solid track record. Your IP: 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. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. accor sustainability report 2020meadowglen lane apartments. 01/03/2023 02:25 (Paris) 7.74 2.31%. Key Achievements-. 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). 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. United Arab Emirates. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence.