accor sustainability report 2020

On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its The Report can be accessed here. The action you just performed triggered the security solution. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Our Future is About Sustainable Growth. The Group controls this new entity through the ownership of a 66.67% stake. Your IP: The program for 2020 was drawn up in consultation with the teams. 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). After five years, the results of the first phase of the plan are very encouraging. As of end of December 2021, combined . For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. 164.46.106.217 Waste Reduction. Press Releases. 2020 Consolidated Non-Financial Information. 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 change in working capital requirement returned to close to breakeven. 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. Sustainability and innovation. Accor - Commitment Senior Vice President Group External Communications. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. Expedia Group The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. 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). 00:00. Performance & security by Cloudflare. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. Plant wall, fight against food waste, etc. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. Shell Sustainability Report 2020 - Home 47 million, largely due to the full consolidation of sbe since Q4 2020. 531 kb. reduction in plastic packaging. 01/03/2023 02:25 (Paris) 7.74 2.31%. Novotel Hyderabad Airport. At Accor, we ask our customers to reuse their towels. Annual report | Signify Company Website 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. Reported revenue for the period reflects the following factors: Consolidated RevPAR was down 62.0% overall for the full-year, and down 64.5% for the second semester. Environmental Sustainability Highlights 2019/2020 - Hyatt About There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. Our Future is About Sustainable Growth. It follows the GRI methodology and use selected Standards with a GRI . The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. 00:00. The proceeds of this issue were partly used to refinance existing debt of 448 million with maturities in 2023 and 2024, through a Liability Management operation coupled to this bond issue. Water conservation measures in place. Marriott International Reports on Environmental, Social, and Governance Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. +7 percentage points between the third and fourth quarters). 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. Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). 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. Korian Share. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. 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. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Performance & security by Cloudflare. Strong growth in consolidated revenue. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. Full-Year 2020 Results Accor demonstrates resilience and adaptability Energy-saving guest room controls and building systems. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . 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 . Accor. Sustainability and ESG - Accsys Technologies The action you just performed triggered the security solution. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. The expiry of loyalty points at the end of the year eased the impact of the decline in revenue for this area of business compared to the Management & Franchise (M&F) activity. View File. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Sustainability Reports | Amcor "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. Working together for a better future. Accor AC - Euronext Paris. 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. 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. 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. Operational waste. Jon Warmington - General Manager - Accor | LinkedIn You can email the site owner to let them know you were blocked. Two key issues to tackle will be food and buildings. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . You can email the site owner to let them know you were blocked. 2022 Full-year results. room and apartment distribution activities and managed properties). This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. 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. Two key issues to tackle will be food and buildings. Accor Planet 21 Background . Today, we want to scale up our ambitions by banking on innovation and accountability. Cloudflare Ray ID: 7a2f1821ef190cc1 SUSTAINABILITY AND CSR REPORT 2019. 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. 12/16/2021 1 min. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. In 2019, this bond had been partially redeemed for the amount of 350 million. 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. 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. 2020. We share our vision of digital transformation with purpose, our strategy and our . PDF version of our 2020 Sustainability Review - a summary of our approach and performance. Wilmar International Limited - Asia's Leading Agribusiness Group 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. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Double our percentage of women in leadership to 34%. PDF 10.87MB; ESG Databook. The Group achieved solid results regarding the actions taken over the 2011-2015 period. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Accor reaffirms its net-zero commitment and signs two new initiatives You can email the site owner to let them know you were blocked. Integrated Report 2020 - Atos 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. Accor: Our Planet 21 sustainable development program A sustainable commitment to improve your hotel's performance. Environmental, Social, and Governance (ESG) - Coupa 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. 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. Premium, Midscale, Economy. Click to reveal CAC 40. PDF Wilmar International Limited - Asia's Leading Agribusiness Group Sustainability report | Loomis Your IP: . Key Achievements-. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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 deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. PDF 2.23MB 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. 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. 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. Performance & security by Cloudflare. . Accor is a hotel management company founded in 1967 and based in Paris, France. Sustainability is integral to how we contribute to social value creation.
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