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). There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Responsible Business Report. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. room and apartment distribution activities and managed properties). In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! Click to reveal 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. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. 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. Performance & security by Cloudflare. 2021 Integrated report. *This commitment should be reached in the year 2020 in areas where the supply chains are developed (in-shell eggs in Europe, for example) and by 2025 on the markets where the supply chains are still in development. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. PDF 10.87MB; ESG Databook. We also endeavour to incorporate stakeholder focus areas. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. It is one of four key enablers to deliver our Strategic Plan. It has affected so many people around the world. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. and its hotels to measure and improve its sustainability performance long-term with specific goals. 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. Sustainability. Eco-designed materials used in the bedrooms. 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. 193.32.208.109 The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. 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. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . Quality Policy. 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. Water conservation measures in place. 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). 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. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. The action you just performed triggered the security solution. Organic waste diversion program in place. 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. Our teams are devoted to fighting against this evil and encourage their customers to do the same. 2020. Sustainable Food and Beverage. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . Waste Reduction. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. 164.46.106.217 Dec 2016 - Jan 20181 year 2 months. Novotel Hyderabad Airport. Innovation is integral to Kering's sustainability policy. Double our percentage of women in leadership to 34%. 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. made possible thanks to the work of our devoted teams Accor over the world. 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 . The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. Performance & security by Cloudflare. 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. The report covers the period 1 January to 31 December. The action you just performed triggered the security solution. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. Click to reveal The Group controls this new entity through the ownership of a 66.67% stake. 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. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. 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. 531 kb. It follows the GRI methodology and use selected Standards with a GRI . revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 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. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. A team leader who gets the best out of his staff. Cloudflare Ray ID: 7a2f18038eaaef6f Your IP: Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. This plan was the Groups way of encouraging the hospitality business to do During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. Accor. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. This website is using a security service to protect itself from online attacks. 2018 Consolidated Non-Financial Information. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. 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. 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. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. Press Releases. 2021 Consolidated Non-Financial Information. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. 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 . Performance & security by Cloudflare. The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. 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. PDF document. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. As a leader in the hospitality sector . Mar 2021 - Apr 20221 year 2 months. Accor is a hotel management company founded in 1967 and based in Paris, France. 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. 2019 Sustainability Review. 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. 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. Accor's sustainability approach includes initiatives at your hotel to . September 21st, 2021. 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. 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's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. Download Snacking Made Right ESG Report. At the end of 2021, 25% of leadership positions are filled by women. 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.. It was a tough year for everyone. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. 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. . 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. 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. It is core to our strategy and sits at the heart of everything we do. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Your IP: SUSTAINABILITY AND CSR REPORT 2018. 2020 Consolidated Non-Financial Information. 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. the share of recycled materials used in our garments from 5.8% to 17.9%. Revenue Manager. On October 1, 2021, following the all-share merger, Accor became the majority shareholder in the new entity created with Ennismore, positioned in the Lifestyle hotel segment. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. Click to reveal Live stock. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. 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. 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. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. 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. Sbastien Bazin, the Group's Chairman & CEO, stated, "The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide, are both valuable levers for our sustainable performance. This website is using a security service to protect itself from online attacks. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive CAC 40. This website is using a security service to protect itself from online attacks. 67.211.219.14 This website is using a security service to protect itself from online attacks. Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. As of December 31, 2021, the average cost of Accor's debt came to 2.2% with an average maturity of four years, with no major repayment dates before 2026. 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. United Arab Emirates. 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. +7 percentage points between the third and fourth quarters). Ethics and Corporate Social Responsibility Charter. 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. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. HotelServices EBITDA was positive at 93 million for 2021. You can email the site owner to let them know you were blocked. Each solution measures operational impact, costs and environmental performance . 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. PDF 2.23MB 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. 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. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. Follow us on . 00:00. Ben van Beurden, CEO. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Click to reveal . The . With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Planet 21 allowed the Group to unite its teams and engage its guests and partners in a structured approach which is recognized by several ethical stock market indices. Melbourne, Victoria, Australia. 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. We are working to reduce the environmental impacts of our operations through our EnviroAction program. We share our vision of digital transformation with purpose, our strategy and our . 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. SUSTAINABILITY AND CSR REPORT 2019. Our 21st Sustainability Report covers the period 01 January 2021 . Many have lost their lives. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. Sustainability; Home; . Click to reveal 12/28/2022. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. 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. You can email the site owner to let them know you were blocked. For further information, visit www.sustainablehospitalityalliance.org. 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). The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. 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. . There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Premium, Midscale, Economy. Our Future is About Sustainable Growth. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. 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. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Your IP: 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. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. Plant wall, fight against food waste, etc. The action you just performed triggered the security solution. Your IP: 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. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic.