accor sustainability report 2020 accor sustainability report 2020

531 kb. 6/24/2020. Morroco Ourika. accor sustainability report 2020meadowglen lane apartments. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. Press releases. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. Globally, there is a trend towards technical alignment among the five leading global sustainability reporting framework developers and standards-setters - CDP, Climate Disclosure Standards Board (CDSB), Global Reporting Initiative (GRI), International Integrated Reporting Council (IIRC) and Sustainability Accounting Standards Board (SASB) - known collectively as the Group of Five. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 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. Develops talent from within and a strong disciplinarian who leads by example. Eco-designed materials used in the bedrooms. 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. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. 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. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Sustainability Disclosure 2021. Letter from the CEO. - Lacey Pfalz, Associate Writer, TravelPulse. 47 million, largely due to the full consolidation of sbe since Q4 2020. The action you just performed triggered the security solution. 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. Universal Registration Document. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. 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. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). CAC 40 - INDEXEURO. This website is using a security service to protect itself from online attacks. RevPAR was down (49)% in FY 2021 compared with FY 2019. 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. Key performance indicators. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. Premium, Midscale, Economy. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. 2018 Consolidated Non-Financial Information. room and apartment distribution activities and managed properties). In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. 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. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . PDF document. Ben van Beurden, CEO. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. For further information, visit www.sustainablehospitalityalliance.org. . As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. 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.. 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. The report covers the period 1 January to 31 December. Guest Service Agent - Club Sofitel Lounge. 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. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Your IP: 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. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . 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. and its hotels to measure and improve its sustainability performance long-term with specific goals. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. 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. . Click to reveal 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. 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. Your IP: To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. View File. PDF 2.23MB The covenant was not tested on the two test dates of June 30 and December 31, 2021. 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. 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. 2020 Consolidated Non-Financial Information. Ethics and Corporate Social Responsibility Charter. Hyderabad Area, India. 62.141.45.132 Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. 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. Cloudflare Ray ID: 7a2f1863d83a23d4 Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. 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. 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. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. 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. 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. The action you just performed triggered the security solution. Included in the Integrated Report (Section 5 - p. 88) download. This website is using a security service to protect itself from online attacks. 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. Sustainability. This website is using a security service to protect itself from online attacks. It shares the Group's sustainability journey, provides insights into its strategies, as well as highlights the economic, environmental and social aspects of the Group's developments and operations. Carbon Neutral Certificate by Farnek. The new system aims higher and is more accommodating as regards local specifics and operational realities. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. . All. 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. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Two key issues to tackle will be food and buildings. Performance & security by Cloudflare. 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 . Their members make up 25% of the global hotel industry by rooms and include 14 world-leading hotel companies including Marriott International, Hilton, IHG, Hyatt and Radisson Hotels Group as well as regional brands. 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. 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. Sustainable Food and Beverage. 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. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . ), 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. Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. 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. Performance & security by Cloudflare. 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. It was a tough year for Shell, but also a year when we set a clear path for our future. 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. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. 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. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available.