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Innovation is integral to Kering's sustainability policy. It is core to our strategy and sits at the heart of everything we do. Corporate Sustainability; . 2022 Full-year results. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. Performance & security by Cloudflare. Your IP: Strong growth in consolidated revenue. ESG | Korian It is one of four key enablers to deliver our Strategic Plan. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Annual report | Signify Company Website Corporate reporting and sustainability policy statement Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . 2021 Sustainability Report. 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. 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.. To provide the hotels with effective support as they deploy this new plan, Charter 21, the in-house sustainable development management system for hoteliers, has evolved and been renamed Planet 21 in Action. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. 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. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Key Achievements-. "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. September 21st, 2021. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. United Arab Emirates. 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. You can email the site owner to let them know you were blocked. 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. 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. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Reporting - olamgroup.com PDF Wilmar International Limited - Asia's Leading Agribusiness Group Today, we want to scale up our ambitions by banking on innovation and accountability. 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. . of suppliers regard H&M Group as a fair business partner. Paccor Publishes First Annual Sustainability Report 40% of our Resort's hot water is heated by solar power. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. The assessment included seeking internal and external stakeholder feedback. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. 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). 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. 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 new system aims higher and is more accommodating as regards local specifics and operational realities. 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. The Group achieved solid results regarding the actions taken over the 2011-2015 period. Novotel Hyderabad Airport. Full-Year 2022 Results. At the end of 2021, 25% of leadership positions are filled by women. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. Accor joins global sustainability network, the Sustainable Hospitality 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. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 2021 Integrated report. 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. The action you just performed triggered the security solution. CAC 40. 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. Environment & CSR. 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. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. Sustainability; Home; . 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. Luxury & Lifestyle. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Click to reveal The fruit and vegetables from this garden are served in the restaurant. The action you just performed triggered the security solution. Morroco Ourika. It was a tough year for everyone. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. and its hotels to measure and improve its sustainability performance long-term with specific goals. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. Melco recognized by global environmental disclosure system CDP as one of China's . PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The action you just performed triggered the security solution. Sustainability Report | Central Plaza Hotel (CENTEL) reduction in plastic packaging. PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. Press releases. 2019 Sustainability Review. At Shell, we are doing everything we can to help in the global response to the virus. Performance & security by Cloudflare. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). . The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. Many have lost their lives. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. 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. All regions are now generating positive EBITDA. Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. Two key issues to tackle will be food and buildings. 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. Cloudflare Ray ID: 7a2f1863d83a23d4 Each year Loomis publishes an integrated annual and sustainability report. Environment & CSR - Accor Accor says stop to single-use plastic in its hotels by 2022 - English The action you just performed triggered the security solution. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. Accor is a hotel management company founded in 1967 and based in Paris, France. EBITDA sensitivity per point of RevPAR amounted to (16.4) million for each one-point decline in RevPAR compared with 2019 versus (18.7) million in FY 2020. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. Sustainability reporting | BHP Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . Your IP: 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. 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. Jon Warmington - General Manager - Accor | LinkedIn Cloudflare Ray ID: 7a2f18038eaaef6f 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. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. 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. We share our vision of digital transformation with purpose, our strategy and our . Accor - Commitment Annual Reports and Responsible Business Reports 75.119.192.80 After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts 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 sustainability report 2020 RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. Ben van Beurden, CEO. 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. 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). Sustainability Report 2022 | Amcor Our Future is About Sustainable Growth. PDF Accor Planet 21 - Lacey Pfalz, Associate Writer, TravelPulse. It's our way of opening our doors and creating opportunities for all. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Performance & security by Cloudflare. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. Performance & security by Cloudflare. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . 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. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. incentive fees based on the hotel operating margin. 01/03/2023 02:25 (Paris) 7.74 2.31%. Our Future is About Sustainable Growth. 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. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. Read Letter from the CEO. 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. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. Accor's Full-Year 2021 Results: Significant rebound in activity Live stock. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. 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. 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. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. This result contributes to creating a great place to work. 2021 Consolidated Non-Financial Information. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. 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. Your IP: 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. Accor, a world leading hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable Hospitality Alliance, a global organisation that brings together engaged hospitality companies and uses the industry's collective power to address and tackle . Mia Martina - Guest Service Supervisor - Sofitel Melbourne - LinkedIn 67.211.219.14 PDF 10.87MB; ESG Databook. Click to reveal 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. Shell Sustainability Report 2020 - Home Sustainability report | Loomis See stock description. Your IP: 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. 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. Increase in the Loyalty Mix. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. 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