Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. 164.46.106.217 531 kb. 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. Sustainability & Environmental Responsibility | Social - Gore For 2022, the Group expects a net unit growth of 3.5%. Sustainability Reports | Amcor Changes in the scope of consolidation (acquisitions and disposals) contributed a positive The consolidated financial statements and notes related to this press release are available on the www.accor.com website. 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). 2022 Full-year results. 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. Allianz Sustainability Report 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. Sustainability special report | Kering Environment & CSR - Accor Key performance indicators. The Group strives to act for "positive hospitality" and has set ambitious objectives, structured around four strategic pillars: working with our teams, involving our clients . Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. 2019: Strong results and a successful transformation | Accor - Newsroom AccorHotels takes its corporate responsibility to the next level with 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. 40% of our Resort's hot water is heated by solar power. Mia Martina - Guest Service Supervisor - Sofitel Melbourne - LinkedIn 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. ESG challenges - i.e., Environmental, Social and Governance (ESG . 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. Performance & security by Cloudflare. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. Sustainability Report 2022 | Amcor Annual report | Signify Company Website Each year Loomis publishes an integrated annual and sustainability report. This website is using a security service to protect itself from online attacks. Quality Policy. Cloudflare Ray ID: 7a2f181b2b5e1623 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. 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. Responsible Business Report 2022. Consensus ESG Ratings info for Accor | Company Ratings 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. Ben van Beurden, CEO. This performance was linked to the recovery in business which reflected better absorption of fixed costs. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 Moreover, our pipeline continues to flourish, with Luxury & Upscale segment representing close to 40% of future openings, a 12-point increase in the past 4 years. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. Our 21st Sustainability Report covers the period 01 January 2021 . We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). Sustainability and ESG - Accsys Technologies The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . Accor reaffirms its net-zero commitment and signs two new initiatives We measure and report on our Scope 1, Scope 2 . 12/28/2022. Accor - The commitment to the planet Responsible Business - InterContinental Hotels Group PLC Savings made on water and energy are used to fund tree planting.One tree is planted every minute. 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. 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. 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 . Dec 2016 - Jan 20181 year 2 months. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. 75.119.192.80 Included in the . The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. Accor AC - Euronext Paris. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. 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. 11/23/2021 3 min. The assessment included seeking internal and external stakeholder feedback. reduction in plastic packaging. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. Environmental Sustainability Highlights 2019/2020 - Hyatt About Cloudflare Ray ID: 7a2f1821ef190cc1 The change in working capital requirement returned to close to breakeven. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. . 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. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. Reports and Policies - Huawei 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. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Read full report. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). Coupa Software Incorporated - AnnualReports.com 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). Jon Warmington - General Manager - Accor | LinkedIn Accor wraps lender calls on 500M of sustainability-linked bonds There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. 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.. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. 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. 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. 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. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. . This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. Sustainability; Home; . Performance & security by Cloudflare. Here you can filter our content according to your activity and your interests. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. Sustainability Report | Central Plaza Hotel (CENTEL) Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Shell Sustainability Report 2020 - Home 01/03/2023 02:25 (Paris) 7.74 2.31%. The action you just performed triggered the security solution. 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. HotelServices, which includes fees from Management & Franchise (M&F) and Services to Owners, generated 1,582 million in revenue, up 36% like-for-like versus FY 2020 (down (46)% like-for-like versus FY 2019). Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. Corporate reporting and sustainability policy statement The action you just performed triggered the security solution. 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. We are working to reduce the environmental impacts of our operations through our EnviroAction program. 2019 Sustainability Review. 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. 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. InterContinental Hotels Group Corporate Responsibility | IHG 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. As a leader in the hospitality sector . Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. Recurring expenditure, which includes key money paid by HotelServices for its development and digital and IT investments, was kept in check, ending the year below the initially indicated range of 150-200 million. Included in the Integrated Report (Section 6 - p. 120) Download. Planet 21 [2016-2020] is structured into four areas of action enlisting its employees, customers, partners and local communities, and two priorities, namely food & beverage and buildings. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . Accor Joins the Sustainable Hospitality Alliance | TravelPulse Corporate Sustainability - Sustainability - Grupo ACS 2021 Consolidated Non-Financial Information. You can email the site owner to let them know you were blocked. 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. Cloudflare Ray ID: 7a2f181ebecd86c6 Your IP: The Asia-Pacific region enjoyed a sequential improvement in RevPAR (+9 percentage points between the third and fourth quarters) after a third quarter hit by tighter Covid restrictions. Novotel Hyderabad Airport. The Group controls this new entity through the ownership of a 66.67% stake. Press releases. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. 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. Sustainability and diversity detailed in new AccorHotels report Develops talent from within and a strong disciplinarian who leads by example. The action you just performed triggered the security solution. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. accor sustainability report 2020meadowglen lane apartments. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . Sustainability | Melco Resorts & Entertainment incentive fees based on the hotel operating margin. . Melbourne, Victoria, Australia. Annual Reports and Responsible Business Reports 00:00. The action you just performed triggered the security solution. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. You can email the site owner to let them know you were blocked. Mar 2021 - Apr 20221 year 2 months. 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. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. It is one of four key enablers to deliver our Strategic Plan. 47 million, largely due to the full consolidation of sbe since Q4 2020. 2021 Sustainability Report. ), 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. Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor 2011-2020 Huawei Consumer Business . Performance & security by Cloudflare. 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. made possible thanks to the work of our devoted teams Accor over the world. The Group achieved solid results regarding the actions taken over the 2011-2015 period. 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. Two key issues to tackle will be food and buildings. 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. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. 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. 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. See stock description. 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. The covenant was not tested on the two test dates of June 30 and December 31, 2021. Letter from the CEO - Shell Sustainability Report 2019 Green Hotel Dubai | Sustainable Practices | Four Seasons Resort 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. Click to reveal All. . Click to reveal - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. Wilmar International Limited - Asia's Leading Agribusiness Group Responsible Business Report. Expedia Group Paccor Publishes First Annual Sustainability Report 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. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . Aligned with the United Nations Sustainable Development Goals (SDGs), they commit to drive continued action on human rights, youth employment, climate action and water stewardship. Marriott International Reports on Environmental, Social, and Governance Coupa provides a unified, cloud-based spend management platform that connects hundreds of . 6/24/2020. A sustainable commitment to improve your hotel's performance. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. CDL Integrated Sustainability Report 2021 spotlights an adaptable and September 21st, 2021. PDF 10.87MB; ESG Databook. Sustainability. 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. Performance & security by Cloudflare. View File. The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. For further information, visit www.sustainablehospitalityalliance.org. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. 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). Two key issues to tackle will be food and buildings. 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. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. You can email the site owner to let them know you were blocked. of suppliers regard H&M Group as a fair business partner. PDF Wilmar International Limited - Asia's Leading Agribusiness Group This result contributes to creating a great place to work. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. . Cloudflare Ray ID: 7a2f1819ababf6ad With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. Accor Planet 21 Background . In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Performance & security by Cloudflare. You can email the site owner to let them know you were blocked. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 PDF Accor Planet 21 It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. 12/16/2021 1 min. . Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. . As of end of December 2021, combined . With the remit of stepping up development of the two brands by rolling out exceptional offerings and cultural excellence with its teams, Accor appointed Stephen Alden to its Executive Committee and is CEO of the Raffles and Orient Express brands. . 2017 Report. 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. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. 2021 Integrated report. SUSTAINABILITY AND CSR REPORT 2018. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. 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. 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). On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. Our Future is About Sustainable Growth. Mercure Dubai Barsha Heights - Sustainability Water conservation measures in place. Ethics and Corporate Social Responsibility Charter. Accor is a hotel management company founded in 1967 and based in Paris, France.
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