. 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. 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. 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). PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts It follows the GRI methodology and use selected Standards with a GRI . Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. 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. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. This website is using a security service to protect itself from online attacks. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 2022 Full-year results. This website is using a security service to protect itself from online attacks. This website is using a security service to protect itself from online attacks. Each year Loomis publishes an integrated annual and sustainability report. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. 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. 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). ESG Reporting & Disclosure | Mondelz International, Inc. Ben van Beurden, CEO. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Mar 2021 - Apr 20221 year 2 months. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . 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. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. Operational waste. 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 . Read full report. 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. Allianz Sustainability Report 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. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. 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. Sustainability and diversity detailed in new AccorHotels report Key performance indicators. Sustainability report | Loomis Environment & CSR. The action you just performed triggered the security solution. Coupa Software Incorporated - AnnualReports.com Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. During the second half of 2021, the Group returned to a positive cash generation situation. 2021 ESG REPORT. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. 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. Sustainability Disclosure 2021. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . "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. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Cloudflare Ray ID: 7a2f1863d83a23d4 . incentive fees based on the hotel operating margin. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. 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. At Shell, we are doing everything we can to help in the global response to the virus. made possible thanks to the work of our devoted teams Accor over the world. 00:00. PDF Environmental Sustainability Highlights 2019/2020 - Hyatt About 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. 2020. Accor is a hotel management company founded in 1967 and based in Paris, France. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive For further information, visit www.sustainablehospitalityalliance.org. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. The covenant was not tested on the two test dates of June 30 and December 31, 2021. Green Hotel Dubai | Sustainable Practices | Four Seasons Resort 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. CDL Integrated Sustainability Report 2021 spotlights an adaptable and 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. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. Sustainable Food and Beverage. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. 11/23/2021 3 min. 164.46.106.217 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. 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). 67.211.219.14 The action you just performed triggered the security solution. Accor : 2021 Integrated report | MarketScreener The fruit and vegetables from this garden are served in the restaurant. Sustainability Reports | CapitaLand Corporate Sustainability; . . Accor. All. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 Click to reveal Download Snacking Made Right ESG Report. Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. 00:00. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. 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. 62.141.45.132 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. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. 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. 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. SUSTAINABILITY AND CSR REPORT 2018. hide. PDF document. The Group achieved solid results regarding the actions taken over the 2011-2015 period. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. The action you just performed triggered the security solution. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. Performance & security by Cloudflare. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 2021 Sustainability Report. Sustainability special report | Kering After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Click to reveal Hilton - TRAVEL WITH PURPOSE Here you can filter our content according to your activity and your interests. . 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. Environmental Policy. 2019 Sustainability Review. We measure and report on our Scope 1, Scope 2 . Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. 01/03/2023 02:25 (Paris) 7.74 2.31%. 193.32.208.109 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. Many have lost their lives. 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 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. Press releases. As of end of December 2021, combined . ITC's Sustainability Reports This website is using a security service to protect itself from online attacks. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. 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. Responsible Business Report 2022. The group has one of the industry's most diverse and fully-integrated hospitality ecosystems encompassing more than 40 luxury, premium, midscale and economy hotel brands, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. 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. Performance & security by Cloudflare. Mercure Dubai Barsha Heights - Sustainability Your IP: Sustainability Report | Central Plaza Hotel (CENTEL) Live stock. Luxury & Lifestyle. Sustainability and innovation. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. We keep a close eye on our key extra-financial performance indicators in order to demonstrate the results we achieve and the shared value that we create. It was a tough year for Shell, but also a year when we set a clear path for our future. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. 40% of our Resort's hot water is heated by solar power. 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. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. 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. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. SUSTAINABILITY AND CSR REPORT 2019. Your IP: 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. It is one of four key enablers to deliver our Strategic Plan. The change in working capital requirement returned to close to breakeven. Click to reveal There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. - 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. Sustainability Reporting - H&M Group Solid and sustainable rebound. 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. The . 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.. Melco recognized by global environmental disclosure system CDP as one of China's . Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Click to reveal Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. Environment & CSR - Accor Sustainability | Melco Resorts & Entertainment You can email the site owner to let them know you were blocked. We are working to reduce the environmental impacts of our operations through our EnviroAction program. 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. Paccor Publishes First Annual Sustainability Report Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Performance & security by Cloudflare. InterContinental Hotels Group Corporate Responsibility | IHG the share of recycled materials used in our garments from 5.8% to 17.9%. 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. 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. You can email the site owner to let them know you were blocked. 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. Hyderabad Area, India. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . Energy-saving guest room controls and building systems. The action you just performed triggered the security solution. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. Accor - Commitment Letter from the CEO. . 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. Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. 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 is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Reports and Policies - Huawei After five years, the results of the first phase of the plan are very encouraging. 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.
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