accor sustainability report 2020
The action you just performed triggered the security solution. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. Marriott International Reports on Environmental, Social, and Governance You can email the site owner to let them know you were blocked. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. Letter from the CEO. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. 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. Our Future is About Sustainable Growth. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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). Accor says stop to single-use plastic in its hotels by 2022 - English Universal Registration Document. Responsible Business - InterContinental Hotels Group PLC Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. The change in working capital requirement returned to close to breakeven. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! 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). Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. PDF Environmental Sustainability Highlights 2019/2020 - Hyatt About Sustainability Report 2022 | Amcor 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. 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. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. 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. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. View File. Operational waste. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. Working together for a better future. Wilmar International Limited - Asia's Leading Agribusiness Group 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. Eco-designed materials used in the bedrooms. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. Follow us on . 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. 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. 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. Your IP: ESG | Korian 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. Organic waste diversion program in place. 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. Their report is currently being prepared. All regions are now generating positive EBITDA. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. Our vision is to drive the change towards positive, more responsible and inventive hospitality, wherever we are., Planet 21|2016-2020: same direction, higher aims. Performance & security by Cloudflare. Sustainability Reports | Amcor Corporate reporting and sustainability policy statement PDF 10.87MB; ESG Databook. 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. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. 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). Savings made on water and energy are used to fund tree planting.One tree is planted every minute. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. 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. 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)%. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. HotelServices EBITDA was positive at 93 million for 2021. You can email the site owner to let them know you were blocked. Energy-saving guest room controls and building systems. . It's our way of opening our doors and creating opportunities for all. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. KR Rakesh - Cluster Revenue Manager, RMCC Shanghai- Asia - LinkedIn Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. Two key issues to tackle will be food and buildings. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. 40% of our Resort's hot water is heated by solar power. Dec 2016 - Jan 20181 year 2 months. Amcor 2020 Sustainability Report. Sustainability. 2021 ESG REPORT. Plant wall, fight against food waste, etc. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. 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. 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. 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. Today, we want to scale up our ambitions by banking on innovation and accountability. Recycling program in place. 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. We share our vision of digital transformation with purpose, our strategy and our . The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. Accor. 217.61.142.251 The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. You can email the site owner to let them know you were blocked. Accor AC - Euronext Paris. Water-efficient landscaping. +7 percentage points between the third and fourth quarters). Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. "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. Water conservation measures in place. This result contributes to creating a great place to work. It is one of four key enablers to deliver our Strategic Plan. 2018 Consolidated Non-Financial Information. 531 kb. Sustainability special report | Kering 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. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. . For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. 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 . 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. Novotel Hyderabad Airport. Our 21st Sustainability Report covers the period 01 January 2021 . The action you just performed triggered the security solution. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 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. 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. Sustainability Reporting - H&M Group 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. 2011-2020 Huawei Consumer Business . Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. As of end of December 2021, combined . CAC 40 - INDEXEURO. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. Ethics and Corporate Social Responsibility Charter. Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor Melbourne, Victoria, Australia. As a leader in the hospitality sector . Waste Reduction. Mar 2021 - Apr 20221 year 2 months. 67.211.219.14 Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. Tel: 00 971 4 381 8888. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . Marriott International, Inc. (Nasdaq: MAR) ("Marriott") today released its 2021 Serve 360 Report presenting data from 2020 and demonstrating its Environmental, Social, and Governance (ESG) efforts toward the company's 2025 Sustainability and Social Impact Goals. CAC 40. Our Future is About Sustainable Growth. 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. The action you just performed triggered the security solution. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its Investor feedback suggests a yield in a mid-to-high 2% . The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. 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. hide. This website is using a security service to protect itself from online attacks. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. 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. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. Innovation is integral to Kering's sustainability policy. It describes the Company's sustainability platform, material focus areas, goals and results. 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. Mercure Dubai Barsha Heights - Sustainability Coupa Software Incorporated - AnnualReports.com The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. Strong growth in consolidated revenue. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. Click to reveal Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Two key issues to tackle will be food and buildings. Sustainable Food and Beverage. PDF document. Full-Year 2020 Results Accor demonstrates resilience and adaptability ITC's Sustainability Reports Here you can filter our content according to your activity and your interests. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. Sustainability | Melco Resorts & Entertainment made possible thanks to the work of our devoted teams Accor over the world. Full-Year 2022 Results.
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