accor sustainability report 2020

Corporate Sustainability; . Accor Joins the Sustainable Hospitality Alliance | TravelPulse 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. Sustainability report | Loomis SUSTAINABILITY AND CSR REPORT 2019. 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). We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts You can email the site owner to let them know you were blocked. Read Letter from the CEO. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. At Shell, we are doing everything we can to help in the global response to the virus. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 16.3 mb. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. Performance & security by Cloudflare. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. 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. Performance & security by Cloudflare. Performance & security by Cloudflare. Click on the brand of your choice if you want to filter the benefits. A team leader who gets the best out of his staff. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. 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. 00:00. Responsible Business Report 2022. Accor reaffirms its net-zero commitment and signs two new initiatives 2018 Consolidated Non-Financial Information. room and apartment distribution activities and managed properties). It describes the Company's sustainability platform, material focus areas, goals and results. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. Two key issues to tackle will be food and buildings. It follows the GRI methodology and use selected Standards with a GRI . PDF Accor Planet 21 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. Novotel Hyderabad Airport. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The Management & Franchise division of HotelServices reported EBITDA of 275 million, significantly higher than in 2020 (25 million) and down (64)% like-for-like compared with FY 2019. 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. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive This website is using a security service to protect itself from online attacks. . Full-Year 2020 Results Accor demonstrates resilience and adaptability Cloudflare Ray ID: 7a2f181ebecd86c6 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. 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. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . . All. Sustainability. Click to reveal Morroco Ourika. Carbon Neutral Certificate by Farnek. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. 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. Your IP: The action you just performed triggered the security solution. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Jon Warmington - General Manager - Accor | LinkedIn Accor wraps lender calls on 500M of sustainability-linked bonds The fruit and vegetables from this garden are served in the restaurant. 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. 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. This result contributes to creating a great place to work. Amcor 2019 GRI Report. 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). 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. 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. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. The action you just performed triggered the security solution. Performance & security by Cloudflare. Senior Vice President Group External Communications. PDF 10.87MB; ESG Databook. Sustainability special report | Kering 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. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. 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 IHG Academy is a collaboration where we link up with education providers and community groups around the world by providing local people with the opportunity to develop skills and improve their employment prospects in one of the world's largest leading hotel companies. We are working to reduce the environmental impacts of our operations through our EnviroAction program. 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. Click to reveal Sustainability reporting | BHP 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. Download Snacking Made Right ESG Report. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Press Releases. The covenant was not tested on the two test dates of June 30 and December 31, 2021. 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. This SPAC successfully raised 300 million with a view to acquire one or more companies in sectors related to the core hotel business operated by Accor, Sustainability and innovation. This website is using a security service to protect itself from online attacks. For 2022, the Group expects a net unit growth of 3.5%. Our Future is About Sustainable Growth - Accor 2021 Consolidated Non-Financial Information. 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 . Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . CDL Integrated Sustainability Report 2021 spotlights an adaptable and 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. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). This website is using a security service to protect itself from online attacks. AccorHotels takes its corporate responsibility to the next level with Planet 21 Season 1 [2011-2015]: a solid track record. Recycling program in place. 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. Marriott International Reports on Environmental, Social, and Governance 2022 Full-year results. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. 2021 ESG REPORT. United Arab Emirates. ESG | Korian The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. During the second half of 2021, the Group returned to a positive cash generation situation. Read more >. . February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 Many have lost their lives. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 Strong growth in consolidated revenue. A sustainable commitment to improve your hotel's performance. 47 million, largely due to the full consolidation of sbe since Q4 2020. Sustainability Report | Central Plaza Hotel (CENTEL) PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. Sustainability is integral to how we contribute to social value creation. 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. The assessment included seeking internal and external stakeholder feedback. Your IP: Included in the Integrated Report (Section 6 - p. 120) Download. 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. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. 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. Universal Registration Document. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. Accor joins global sustainability network, the Sustainable Hospitality Performance & security by Cloudflare. 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 . +7 percentage points between the third and fourth quarters). Sustainability Reports | Amcor Sustainability Disclosure 2021. - Novotel offers eco-designed beds made from wood sourced from sustainably-managed forests (FSC certified), as well as bedspreads and pillowcases made from recycled bottles. 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. 193.32.208.109 As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. Click to reveal SUSTAINABILITY AND CSR REPORT 2018. 67.211.219.14 Expedia Group The action you just performed triggered the security solution. Two key issues to tackle will be food and buildings. 217.61.142.251 Tel: 00 971 4 381 8888. Dec 2016 - Jan 20181 year 2 months. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its 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. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. Their report is currently being prepared. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Environmental, Social, and Governance (ESG) - Coupa 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. Press releases | Accor - Newsroom Each solution measures operational impact, costs and environmental performance . Cloudflare Ray ID: 7a2f1821ef190cc1 Cloudflare Ray ID: 7a2f1863d83a23d4 Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor Coupa provides a unified, cloud-based spend management platform that connects hundreds of . RevPAR was down (49)% in FY 2021 compared with FY 2019. Accor's Full-Year 2021 Results: Significant rebound in activity Read full report. 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).