Dec 2016 - Jan 20181 year 2 months. Responsible Business Report. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 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. We measure and report on our Scope 1, Scope 2 . The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. room and apartment distribution activities and managed properties). It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. As of end of December 2021, combined with the two undrawn credit facilities of 1.8 billion, Accor had a liquidity position of 3.4 billion. At Shell, we are doing everything we can to help in the global response to the virus. 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 . Read Letter from the CEO. 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. Today, we want to scale up our ambitions by banking on innovation and accountability. 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. 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. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. Luxury & Lifestyle. 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 . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. PDF 2.23MB It is one of four key enablers to deliver our Strategic Plan. This website is using a security service to protect itself from online attacks. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Tel: 00 971 4 381 8888. 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 . Press Releases. The report covers the period 1 January to 31 December. Environment & CSR. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. hide. 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. 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. In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). As of end of December 2021, combined . Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. - Lacey Pfalz, Associate Writer, TravelPulse. of suppliers regard H&M Group as a fair business partner. 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. You can email the site owner to let them know you were blocked. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. Senior Vice President Group External Communications. The fruit and vegetables from this garden are served in the restaurant. At Accor, we ask our customers to reuse their towels. The program for 2020 was drawn up in consultation with the teams. The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. Melco recognized by global environmental disclosure system CDP as one of China's . 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. Your IP: Amcor 2020 Sustainability Report. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 Universal Registration Document. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. 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). Develops talent from within and a strong disciplinarian who leads by example. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Corporate Sustainability; . Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). The . View File. 193.32.208.109 SUSTAINABILITY AND CSR REPORT 2018. Here you can filter our content according to your activity and your interests. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. You can email the site owner to let them know you were blocked. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. 217.61.142.251 Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . It's our way of opening our doors and creating opportunities for all. The action you just performed triggered the security solution. Planet 21 Season 1 [2011-2015]: a solid track record. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. 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. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. 62.141.45.132 Accor's sustainability approach includes initiatives at your hotel to . Performance & security by Cloudflare. 2020 Consolidated Non-Financial Information. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . 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. 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. 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. 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. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. Your IP: Read full report. Many have lost their lives. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive the share of recycled materials used in our garments from 5.8% to 17.9%. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. 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. 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. and its hotels to measure and improve its sustainability performance long-term with specific goals. Investor feedback suggests a yield in a mid-to-high 2% . Click to reveal The assessment included seeking internal and external stakeholder feedback. A sustainable commitment to improve your hotel's performance. Letter from the CEO. 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. This focus on sustainability is directly aligned with our promise of Together, improving life, and our long-established values, culture and commitment to Associates, customers and communities. 2021 Integrated report. 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. You can email the site owner to let them know you were blocked. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. Carbon Neutral Certificate by Farnek. *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. This transaction completed the Liability Management operation initiated with the successful placement on November 18, 2021, of an inaugural Sustainability-Linked Bond issue indexed on the Groups sustainable development targets for an amount of 700 million (7-year maturity, 2.375% coupon). Melbourne, Victoria, Australia. 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. 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. 2021 Sustainability Report. Cloudflare Ray ID: 7a2f1821ef190cc1 Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. PDF document. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. 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. ESG challenges - i.e., Environmental, Social and Governance (ESG . In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. 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, Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. 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. 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. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. Your IP: Hyderabad Area, India. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. 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. 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. 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. 2019 Sustainability Review. SUSTAINABILITY AND CSR REPORT 2019. Each solution measures operational impact, costs and environmental performance . Revenue Manager. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. RevPAR was down (49)% in FY 2021 compared with FY 2019. 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. 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. Cloudflare Ray ID: 7a2f1863d83a23d4 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. 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)%. 164.46.106.217 - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. 2020. The Group achieved solid results regarding the actions taken over the 2011-2015 period. This website is using a security service to protect itself from online attacks. . See stock description. 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. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. Included in the Integrated Report (Section 5 - p. 88) download. The action you just performed triggered the security solution. +7 percentage points between the third and fourth quarters). The new system aims higher and is more accommodating as regards local specifics and operational realities. 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). 2021 Consolidated Non-Financial Information. The action you just performed triggered the security solution. Ben van Beurden, CEO. Key considerations and . 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). A team leader who gets the best out of his staff. Press releases. 531 kb. Performance & security by Cloudflare. reduction in plastic packaging. Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. . Besides, Accor will continue working on restoring its pre-Covid credit profile and could contemplate an additional return beyond its ordinary dividend subject to the respect of this objective. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. It has affected so many people around the world. The Asia-Pacific region enjoyed a sequential improvement in RevPAR (+9 percentage points between the third and fourth quarters) after a third quarter hit by tighter Covid restrictions. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. Cloudflare Ray ID: 7a2f181b2b5e1623 Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Letter from the CEO. 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. During the second half of 2021, the Group returned to a positive cash generation situation. Included in the Integrated Report (Section 6 - p. 120) Download. It is core to our strategy and sits at the heart of everything we do. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Increase in the Loyalty Mix. Download Snacking Made Right ESG Report. 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 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. 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. September 21st, 2021. Recycling program in place. 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. Strong growth in consolidated revenue. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. 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. United Arab Emirates. Key Achievements-. 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. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . The change in working capital requirement returned to close to breakeven. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. 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. 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. Click to reveal 2018 Consolidated Non-Financial Information. 11/23/2021 3 min. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. Mar 2021 - Apr 20221 year 2 months. All. 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. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! 40% of our Resort's hot water is heated by solar power. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. Accor is a hotel management company founded in 1967 and based in Paris, France. While business in Saudi Arabia remained held back by tight restrictions weighing on pilgrimages, the United Arab Emirates benefit from demand linked to Expo 2021 which started from October 1, 2021. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. For further information, visit www.sustainablehospitalityalliance.org. Your IP: Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. 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. At the end of 2021, 25% of leadership positions are filled by women. Marriott International, Inc. (Nasdaq: MAR) ("Marriott") today released its 2021 Serve 360 Report presenting data from 2020 and demonstrating its Environmental, Social, and Governance (ESG) efforts toward the company's 2025 Sustainability and Social Impact Goals. 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. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. Eco-designed materials used in the bedrooms. Click to reveal . Each year Loomis publishes an integrated annual and sustainability report. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Sustainability and innovation. Follow us on . . Environmental Policy. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. The Group controls this new entity through the ownership of a 66.67% stake. Performance & security by Cloudflare. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts Their report is currently being prepared. . 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. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. Cloudflare Ray ID: 7a2f18038eaaef6f 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. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. This website is using a security service to protect itself from online attacks. 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. 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 . Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. All regions are now generating positive EBITDA. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Sustainability Disclosure 2021.
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