accor sustainability report 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 . Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. 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. Key performance indicators. CAC 40. Melco recognized by global environmental disclosure system CDP as one of China's . Increase in the Loyalty Mix. Organic waste diversion program in place. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. Environmental, Social, and Governance (ESG) - Coupa Coupa Software Incorporated - AnnualReports.com 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. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. . Double our percentage of women in leadership to 34%. Accor AC - Euronext Paris. 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. Press releases. 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. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. Reports and Policies - Huawei Savings made on water and energy are used to fund tree planting.One tree is planted every minute. In five years, it has delivered two-thirds of the programs 21 objectives and over 90% of its hotels have embarked on a continuous-improvement drive. Sustainability report | Loomis It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. 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. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Mia Martina - Guest Service Supervisor - Sofitel Melbourne - LinkedIn 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. 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. Corporate Sustainability; . They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. The action you just performed triggered the security solution. 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. Sustainability is integral to how we contribute to social value creation. The Group controls this new entity through the ownership of a 66.67% stake. Allianz Sustainability Report 217.61.142.251 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. 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. View File. The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. Tel: 00 971 4 381 8888. 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. 00:00. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. 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. Press Releases. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. Premium, Midscale, Economy. 6/24/2020. 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. You can email the site owner to let them know you were blocked. Key considerations and . Included in the Integrated Report (Section 6 - p. 120) Download. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. 67.211.219.14 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. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. September 21st, 2021. Your IP: Read full report. At year-end 2020, the Group had a hotel portfolio of 753,344 rooms (5,139 hotels) and a pipeline of 212,000 rooms (1,209 hotels), of which 73% in emerging markets. The action you just performed triggered the security solution. 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. Your IP: room and apartment distribution activities and managed properties). We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. 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. Click on the brand of your choice if you want to filter the benefits. Accor reaffirms its net-zero commitment and signs two new initiatives 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. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. This website is using a security service to protect itself from online attacks. 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. The covenant was not tested on the two test dates of June 30 and December 31, 2021. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. Performance & security by Cloudflare. Read Letter from the CEO. Responsible Business Report. Consensus ESG Ratings info for Accor | Company Ratings 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.. 2011-2020 Huawei Consumer Business . In 2021, payment of fees was in line with business levels during the year as well as the collection of certain fees for which payment deadline extensions were granted to certain hotel owners. Recycling program in place. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Read full report. The fruit and vegetables from this garden are served in the restaurant. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. 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, . As a leader in the hospitality sector . 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. With the remit of stepping up development of the two brands by rolling out exceptional offerings and cultural excellence with its teams, Accor appointed Stephen Alden to its Executive Committee and is CEO of the Raffles and Orient Express brands. Your IP: Accor wraps lender calls on 500M of sustainability-linked bonds Read more >. Click to reveal incentive fees based on the hotel operating margin. 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. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. 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. 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. 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. We measure and report on our Scope 1, Scope 2 . We are working to reduce the environmental impacts of our operations through our EnviroAction program. 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. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. Click to reveal For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. As the desire to escape and to resume travelling has never been stronger, we are well underway to make the most of this rebound in all our markets. . Sustainability and innovation. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. 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. 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. Accor Planet 21 Background . 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. 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. Accor. PDF 10.87MB; ESG Databook. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The assessment included seeking internal and external stakeholder feedback. Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. This website is using a security service to protect itself from online attacks. 75.119.192.80 Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. Accor - The commitment to the planet 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. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. 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. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. 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.

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