2021 ESG REPORT. The program for 2020 was drawn up in consultation with the teams. PDF Environmental Sustainability Highlights 2019/2020 - Hyatt About the share of recycled materials used in our garments from 5.8% to 17.9%. 2020. HotelServices EBITDA was positive at 93 million for 2021. Corporate Sustainability - Sustainability - Grupo ACS Although the effects of this unprecedented crisis linked to the Covid-19 pandemic have not yet fully disappeared, all of the Groups geographies now appear to be well on the way to enjoying more normative levels of business. Environmental Policy. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. It reinforces some of the Groups fundamental commitments, such as curbing its environmental footprint, and identifies new objectives which dovetail with both the changes to the business model and its strategic priorities, such as Food & Beverage and the sustainable management of its property portfolio through HotelInvest. "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. It was a tough year for Shell, but also a year when we set a clear path for our future. Cloudflare Ray ID: 7a2f1819ababf6ad Plant wall, fight against food waste, etc. of suppliers regard H&M Group as a fair business partner. Planet 21 Season 1 [2011-2015]: a solid track record. View File. 164.46.106.217 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. Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. 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. 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. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Ben van Beurden, CEO. Press releases. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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 . Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . 75.119.192.80 KR Rakesh - Cluster Revenue Manager, RMCC Shanghai- Asia - 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. 2019 Sustainability Review. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. accor sustainability report 2020 There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. Sustainability; Home; . Follow us on . February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 01/03/2023 02:25 (Paris) 7.74 2.31%. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. We share our vision of digital transformation with purpose, our strategy and our . This segment, which is closely linked to business in Australia, notably benefited from a recovery in leisure tourism demand during the first half of the year and at the end of FY 2021 on the North-East coast of the country where most of the Groups Strata activities are located (i.e. PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. CAC 40 - INDEXEURO. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. Reports and Policies - Huawei Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). Organic waste diversion program in place. 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. 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. 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: 7a2f18038eaaef6f 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 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. Luxury & Lifestyle. Novotel Hyderabad Airport. Read more >. Responsible Business Report 2022. 217.61.142.251 Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. Cloudflare Ray ID: 7a2f181b2b5e1623 Share your thoughts with Twitter #ActingHere, More information on the digital press kit. Accor Planet 21 Background . Premium, Midscale, Economy. Environmental Sustainability Highlights 2019/2020 - Hyatt About . 531 kb. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. Jon Warmington - General Manager - Accor | LinkedIn 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). ESG challenges - i.e., Environmental, Social and Governance (ESG . 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. 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. Your IP: United Arab Emirates. 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. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. Sustainability Reports | Amcor For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. Melbourne, Victoria, Australia. PDF Wilmar International Limited - Asia's Leading Agribusiness Group PDF document. 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. For further information, visit www.sustainablehospitalityalliance.org. 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. 16.3 mb. We also endeavour to incorporate stakeholder focus areas. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Develops talent from within and a strong disciplinarian who leads by example. Quality Policy. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. 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. 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. 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. 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)%. Sustainability & Environmental Responsibility | Social - Gore Read Letter from the CEO. Performance & security by Cloudflare. 2019: Strong results and a successful transformation | Accor - Newsroom In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. . 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. Accor joins global sustainability network, the Sustainable Hospitality Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 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. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. 67.211.219.14 In the Americas, the improvement in RevPAR was also noteworthy (+18 percentage points between the third and fourth quarters) which translated into a FY 2021 RevPAR down (46)% compared with FY 2019. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 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. 40% of our Resort's hot water is heated by solar power. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. PDF 2.23MB accor sustainability report 2020meadowglen lane apartments. 2022 Full-year results. 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. Accor's Full-Year 2021 Results: Significant rebound in activity The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. The action you just performed triggered the security solution. 62.141.45.132 RevPAR was down (49)% in FY 2021 compared with FY 2019. 11/23/2021 3 min. 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. 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. 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. At Accor, we ask our customers to reuse their towels. 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. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. 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. 193.32.208.109 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. Each solution measures operational impact, costs and environmental performance . Environmental, Social, and Governance (ESG) - Coupa . A team leader who gets the best out of his staff. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Amcor 2020 Sustainability Report. Accor Joins the Sustainable Hospitality Alliance | TravelPulse Click to reveal North Europe showed a more modest sequential improvement (+2 percentage points between the third and fourth quarters) and ended FY 2021 with RevPAR down (57)% compared with FY 2019. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. Sustainability and ESG - Accsys Technologies 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. Increase in the Loyalty Mix. The action you just performed triggered the security solution. +7 percentage points between the third and fourth quarters). Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . 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). Cloudflare Ray ID: 7a2f1821ef190cc1 Working together for a better future. Operational waste. You can email the site owner to let them know you were blocked. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. 12/16/2021 1 min. Wilmar International Limited - Asia's Leading Agribusiness Group Accor says stop to single-use plastic in its hotels by 2022 - English Accor - Shareholders & Investors New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. 2020 Consolidated Non-Financial Information. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. This website is using a security service to protect itself from online attacks. Guest Service Agent - Club Sofitel Lounge. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. ESG | Korian Many have lost their lives. Paccor Publishes First Annual Sustainability Report Strong growth in consolidated revenue. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). Sustainability. 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. Cloudflare Ray ID: 7a2f181ebecd86c6 You can email the site owner to let them know you were blocked. Accor is a hotel management company founded in 1967 and based in Paris, France. SUSTAINABILITY AND CSR REPORT 2018. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. 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. Key Achievements-. 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. 2021 Integrated report. The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . Annual report | Signify Company Website Your IP: . 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. This website is using a security service to protect itself from online attacks. Performance & security by Cloudflare. We measure and report on our Scope 1, Scope 2 . CDL Integrated Sustainability Report 2021 spotlights an adaptable and 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. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. Included in the Integrated Report (Section 6 - p. 120) Download. 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. 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. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. This website is using a security service to protect itself from online attacks. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). You can email the site owner to let them know you were blocked. 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). 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. It is core to our strategy and sits at the heart of everything we do. Accor reaffirms its net-zero commitment and signs two new initiatives 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. PDF document. Melco recognized by global environmental disclosure system CDP as one of China's . Click to reveal This website is using a security service to protect itself from online attacks. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . . The action you just performed triggered the security solution. The fruit and vegetables from this garden are served in the restaurant. 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. Environment & CSR - Accor Sustainability Report | Central Plaza Hotel (CENTEL) Press Releases. Sustainability report | Loomis 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. Shell Sustainability Report 2020 - Home made possible thanks to the work of our devoted teams Accor over the world. 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. Mar 2021 - Apr 20221 year 2 months. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. Morroco Ourika. 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. Amcor 2019 GRI Report. 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. You can email the site owner to let them know you were blocked. Energy-saving guest room controls and building systems. Sustainability and innovation. Accor - Commitment Corporate reporting and sustainability policy statement 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. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. Download Snacking Made Right ESG Report. Water-efficient landscaping. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. . This increase reflected the sharp recovery in business during the second half of the year. Investor feedback suggests a yield in a mid-to-high 2% . PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. At the end of 2021, 25% of leadership positions are filled by women. Accor took one bold commitment in 2019/20: eliminate ALL guest-related single-use plastic items in its hotels by end 2022 across 110 countries .