accor sustainability report 2020

*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. 2020. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . Performance & security by Cloudflare. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. Carbon Neutral Certificate by Farnek. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). 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. Here you can filter our content according to your activity and your interests. Two key issues to tackle will be food and buildings. This number reflects an improvement compared with more than 70 million targeted initially, thanks to the implementation of the staff redundancy plan and tight control of consultant costs. 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. Click to reveal September 21st, 2021. 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. 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 . Key considerations and . 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. ESG challenges - i.e., Environmental, Social and Governance (ESG . After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. Investor feedback suggests a yield in a mid-to-high 2% . 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. 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. 2021 ESG REPORT. The assessment included seeking internal and external stakeholder feedback. Korian Share. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. Accor is deeply committed to sustainable value creation and plays an active role in giving back to planet and community via its Planet 21 Acting Here program and the Accor Solidarity endowment fund, which gives disadvantaged groups access to employment through professional training. 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.. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. In 2019, this bond had been partially redeemed for the amount of 350 million. Responsible Business Report 2022. Environment & CSR. The action you just performed triggered the security solution. You can email the site owner to let them know you were blocked. This website is using a security service to protect itself from online attacks. 12/28/2022. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. 75.119.192.80 . The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. See stock description. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. 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. Revenue Manager. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. The action you just performed triggered the security solution. Sustainability and innovation. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts We are working to reduce the environmental impacts of our operations through our EnviroAction program. Performance & security by Cloudflare. Universal Registration Document. 2021 Sustainability Report. . Cloudflare Ray ID: 7a2f181b2b5e1623 Organic waste diversion program in place. PDF document. Your IP: 2021 Integrated report. 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. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Melco recognized by global environmental disclosure system CDP as one of China's . Included in the Integrated Report (Section 5 - p. 88) download. On February 18, 2021, Accor sold a part of its share in Huazhu Group Ltd, representing 1.5% of share capital of the company for 239 million. 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. 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. Planet 21 Season 1 [2011-2015]: a solid track record. We measure and report on our Scope 1, Scope 2 . Click to reveal 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. You can email the site owner to let them know you were blocked. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. Key Achievements-. Sustainability is integral to how we contribute to social value creation. Develops talent from within and a strong disciplinarian who leads by example. Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. 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. 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). Sustainability Disclosure 2021. 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). In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. 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. accor sustainability report 2020meadowglen lane apartments. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. As a leader in the hospitality sector . 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. 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. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 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. Accor AC - Euronext Paris. 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, 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 . 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. A sustainable commitment to improve your hotel's performance. 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). 40% of our Resort's hot water is heated by solar power. All. The . Plant wall, fight against food waste, etc. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. 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. 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. 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. 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. 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. It was a tough year for Shell, but also a year when we set a clear path for our future. SUSTAINABILITY AND CSR REPORT 2019. The fruit and vegetables from this garden are served in the restaurant. 12/16/2021 1 min. 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. Eco-designed materials used in the bedrooms. 217.61.142.251 The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. The program for 2020 was drawn up in consultation with the teams. 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. mikayla nogueira massachusetts,

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