Innovation is integral to Kering's sustainability policy. Dec 2016 - Jan 20181 year 2 months. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. Our 21st Sustainability Report covers the period 01 January 2021 . 2020. 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. 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'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. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. 12/28/2022. 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. Performance & security by Cloudflare. This website is using a security service to protect itself from online attacks. Letter from the CEO. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 2022 Full-year results. 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). 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. 2017 Report. 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. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. . In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 11/23/2021 3 min. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. It's our way of opening our doors and creating opportunities for all. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. . Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Cloudflare Ray ID: 7a2f181b2b5e1623 the share of recycled materials used in our garments from 5.8% to 17.9%. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . . and its hotels to measure and improve its sustainability performance long-term with specific goals. room and apartment distribution activities and managed properties). Mar 2021 - Apr 20221 year 2 months. Press Releases. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. . Click to reveal . Their report is currently being prepared. 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. *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. of suppliers regard H&M Group as a fair business partner. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). 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, For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. Follow us on . 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. This plan was the Groups way of encouraging the hospitality business to do Sustainability is integral to how we contribute to social value creation. Cloudflare Ray ID: 7a2f1821ef190cc1 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. This website is using a security service to protect itself from online attacks. It follows the GRI methodology and use selected Standards with a GRI . 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. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. The action you just performed triggered the security solution. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. Operational waste. PDF document. It is one of four key enablers to deliver our Strategic Plan. 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 is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. 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. 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. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. We also endeavour to incorporate stakeholder focus areas. Double our percentage of women in leadership to 34%. 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). Revenue Manager. EBITDA sensitivity per point of RevPAR amounted to (16.4) million for each one-point decline in RevPAR compared with 2019 versus (18.7) million in FY 2020. Click to reveal As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. Sustainability Disclosure 2021. 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. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. ), 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. You can email the site owner to let them know you were blocked. Sustainability; Home; . Letter from the CEO. Hyderabad Area, India. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! 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. Wilmar International Limited - Asia's Leading Agribusiness Group 2018 Consolidated Non-Financial Information. Live stock. Corporate Sustainability; . Included in the Integrated Report (Section 5 - p. 88) download. 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 the Americas, the improvement in RevPAR was also noteworthy (+18 percentage points between the third and fourth quarters) which translated into a FY 2021 RevPAR down (46)% compared with FY 2019. Our teams are devoted to fighting against this evil and encourage their customers to do the same. 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. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). Recurring expenditure, which includes key money paid by HotelServices for its development and digital and IT investments, was kept in check, ending the year below the initially indicated range of 150-200 million. 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. 2020 Consolidated Non-Financial Information. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. View File. 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. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). Korian Share. It was a tough year for everyone. 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 . Each solution measures operational impact, costs and environmental performance . There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 2021 ESG REPORT. ESG challenges - i.e., Environmental, Social and Governance (ESG . These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. 16.3 mb. Performance & security by Cloudflare. Morroco Ourika. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . 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. 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). 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.
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