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Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. We measure and report on our Scope 1, Scope 2 . 01/03/2023 02:25 (Paris) 7.74 2.31%. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. A team leader who gets the best out of his staff. Here you can filter our content according to your activity and your interests. hide. Each solution measures operational impact, costs and environmental performance . PDF 10.87MB; ESG Databook. 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). The action you just performed triggered the security solution. 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 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, 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 is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. This plan was the Groups way of encouraging the hospitality business to do The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. By reducing its cradle-to-grave carbon footprint intensity of 11% compared to 2019 and increasing the recyclability of its products to a total of 65% the company is on a clear and ambitious path forward with its sustainability strategy CARE. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. Key performance indicators. Our Future is About Sustainable Growth. Cloudflare Ray ID: 7a2f1863d83a23d4 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. Ethics and Corporate Social Responsibility Charter. You can email the site owner to let them know you were blocked. 12/28/2022. Water conservation measures in place. . Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . Read full report. 12/16/2021 1 min. Sustainability. Dec 2016 - Jan 20181 year 2 months. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. Click on the brand of your choice if you want to filter the benefits. 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. 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. 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. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. 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. 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. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. reduction in plastic packaging. Accor AC - Euronext Paris. . Sustainability and innovation. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. 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. 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 . Wilmar International Limited - Asia's Leading Agribusiness Group The action you just performed triggered the security solution. Environmental Sustainability Highlights 2019/2020 - Hyatt About . After five years, the results of the first phase of the plan are very encouraging. 2020. 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. . For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. It was a tough year for Shell, but also a year when we set a clear path for our future. This website is using a security service to protect itself from online attacks. Performance & security by Cloudflare. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . "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. The change in working capital requirement returned to close to breakeven. Environment & CSR. 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. 2020 Consolidated Non-Financial Information. PDF document. 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). 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. and its hotels to measure and improve its sustainability performance long-term with specific goals. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Performance & security by Cloudflare. Our Future is About Sustainable Growth. 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. Our 21st Sustainability Report covers the period 01 January 2021 . Innovation is integral to Kering's sustainability policy. CAC 40 - INDEXEURO. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Press Releases. Accor is a hotel management company founded in 1967 and based in Paris, France. 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. 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. Your IP: 62.141.45.132 Sustainability is integral to how we contribute to social value creation. 00:00. 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. A sustainable commitment to improve your hotel's performance. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. RevPAR was down (49)% in FY 2021 compared with FY 2019. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). Strong growth in consolidated revenue. 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. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. 2021 Integrated report. Cloudflare Ray ID: 7a2f1819ababf6ad *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. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. . Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. 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. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Two key issues to tackle will be food and buildings. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. 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). For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. It is core to our strategy and sits at the heart of everything we do. 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 Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. 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. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Responsible Business Report 2022. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. Quality Policy. The Group achieved solid results regarding the actions taken over the 2011-2015 period. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. Accor has set some of the most ambitious sustainability targets in the industry, and in 2021, we committed to achieving net-zero carbon emissions by 2050. 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.. The action you just performed triggered the security solution. Solid and sustainable rebound. 2011-2020 Huawei Consumer Business . Today, we want to scale up our ambitions by banking on innovation and accountability. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . 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. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. 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). Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). This performance was linked to the recovery in business which reflected better absorption of fixed costs. The . 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. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. 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. Environmental Policy. 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. 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. Read Letter from the CEO. 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. United Arab Emirates. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Key considerations and . The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. 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. This increase reflected the sharp recovery in business during the second half of the year. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. 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). . made possible thanks to the work of our devoted teams Accor over the world. 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. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. 2017 Report. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. View File. The fruit and vegetables from this garden are served in the restaurant. 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. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . 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. 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. It has affected so many people around the world. The new system aims higher and is more accommodating as regards local specifics and operational realities. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. SUSTAINABILITY AND CSR REPORT 2018. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. Download Snacking Made Right ESG Report. 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. The action you just performed triggered the security solution. Plant wall, fight against food waste, etc. The action you just performed triggered the security solution. Planet 21 Season 1 [2011-2015]: a solid track record. Click to reveal - Lacey Pfalz, Associate Writer, TravelPulse. At Shell, we are doing everything we can to help in the global response to the virus. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! 16.3 mb. 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. This website is using a security service to protect itself from online attacks. 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. 2021 Sustainability Report. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. It is more flexible and is based on a participative approach allowing each hotel to set its own objectives and map out its own action plan. Click to reveal As a leader in the hospitality sector . AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. 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. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. The issues we are tackling are systemic, requiring supply chain and business transformation. Moreover, this operation demonstrated the Groups ambition to accelerate its transition towards a sustainable growth, to notably pursue its commitment in terms of greenhouse gas emission reduction and to affirm its environmental and social values by involving the entire value chain. Cloudflare Ray ID: 7a2f181ebecd86c6 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)%. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. . 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. As of end of December 2021, combined . 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). It was a tough year for everyone. In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. 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 . September 21st, 2021. In 2019, this bond had been partially redeemed for the amount of 350 million. 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. Waste Reduction. Senior Vice President Group External Communications. This website is using a security service to protect itself from online attacks. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. 531 kb. You can email the site owner to let them know you were blocked. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. Working together for a better future. Your IP: In the India, Middle East, Africa & Turkey (IMEAT) region, the recovery in business between the third and fourth quarters was impressive (+28 percentage points with RevPAR exceeding FY 2019 levels in the last quarter). This website is using a security service to protect itself from online attacks. Following the announcement of its intention to sponsor the Special Purpose Acquisition Company (SPAC) on May 20, 2021, Accor successfully took part in a private placement and the Euronext Paris initial offering of Accor Acquisition Company (AAC). Full-Year 2022 Results. Tel: 00 971 4 381 8888. 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). Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. Accor's sustainability approach includes initiatives at your hotel to . 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. Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. At the end of 2021, 25% of leadership positions are filled by women. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. For further information, visit www.sustainablehospitalityalliance.org. Follow us on . 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. Double our percentage of women in leadership to 34%. Melco recognized by global environmental disclosure system CDP as one of China's . Read more >. Accor is a committed, inclusive company that strives to limit its carbon footprint and impact on the planet, and to respond to travelers' concerns about social and environmental responsibility.

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