Operational waste. Revenue Manager. made possible thanks to the work of our devoted teams Accor over the world. KR Rakesh - Cluster Revenue Manager, RMCC Shanghai- Asia - LinkedIn Revenue in the Management & Franchise (M&F) stood at 518 million, up 74% like-for-like versus FY 2020 (down (51)% like-for-like versus FY 2019), with regional performances correlated to health crisis developments in the countries considered. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. Water conservation measures in place. 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. For further information, visit www.sustainablehospitalityalliance.org. Click to reveal Performance & security by Cloudflare. 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). Melbourne, Victoria, Australia. The Group strives to act for "positive hospitality" and has set ambitious objectives, structured around four strategic pillars: working with our teams, involving our clients . SUSTAINABILITY AND CSR REPORT 2018. Our teams are devoted to fighting against this evil and encourage their customers to do the same. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). Dec 2016 - Jan 20181 year 2 months. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. You can email the site owner to let them know you were blocked. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. It was a tough year for everyone. The covenant was not tested on the two test dates of June 30 and December 31, 2021. Marriott International Reports on Environmental, Social, and Governance 217.61.142.251 Your IP: 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. Accor. 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. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. 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. Follow us on . . 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. Letter from the CEO - Shell Sustainability Report 2019 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. The report covers the period 1 January to 31 December. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. ESG Reporting & Disclosure | Mondelz International, Inc. The Group controls this new entity through the ownership of a 66.67% stake. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . The Executive Summary has been crafted to provide its reader a quick overview of ITC's Sustainability journey in FY2022, serving as a concise yet comprehensive companion to the detailed Sustainability and . Each year Loomis publishes an integrated annual and sustainability report. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its 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. 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. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. Amcor 2020 Sustainability Report. 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. 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. 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. Corporate Sustainability - Sustainability - Grupo ACS The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. 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 also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. HotelServices EBITDA was positive at 93 million for 2021. 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. Organic waste diversion program in place. Our Future is About Sustainable Growth. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . 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. Amcor 2019 GRI Report. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 PDF version of our 2020 Sustainability Review - a summary of our approach and performance. 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. Our Future is About Sustainable Growth - Accor You can email the site owner to let them know you were blocked. CAC 40. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. The Board's Responsible Business Committee reviews IHG's responsible business objectives and strategy, including the impact on environmental, social, community and human rights issues; IHG's strategic approach to sustainable development and responsible procurement; and how IHG engages with stakeholders. 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. 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. After five years, the results of the first phase of the plan are very encouraging. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. It describes the Company's sustainability platform, material focus areas, goals and results. - Novotel offers eco-designed beds made from wood sourced from sustainably-managed forests (FSC certified), as well as bedspreads and pillowcases made from recycled bottles. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. 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. Performance & security by Cloudflare. 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). The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Green Hotel Dubai | Sustainable Practices | Four Seasons Resort Accor - Commitment 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. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Environment & CSR. Included in the Integrated Report (Section 5 - p. 88) download. 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. You can email the site owner to let them know you were blocked. 62.141.45.132 To provide the hotels with effective support as they deploy this new plan, Charter 21, the in-house sustainable development management system for hoteliers, has evolved and been renamed Planet 21 in Action. All regions are now generating positive EBITDA. Sustainability reporting | BHP Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. Sustainable Food and Beverage. You can email the site owner to let them know you were blocked. Recycling program in place. September 21st, 2021. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 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. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. Read Letter from the CEO. Live stock. PDF document. This result contributes to creating a great place to work. Premium, Midscale, Economy. Reporting - olamgroup.com 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. Letter from the CEO. 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. Integrated Report 2020 - Atos 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. It follows the GRI methodology and use selected Standards with a GRI . This website is using a security service to protect itself from online attacks. 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 Joins the Sustainable Hospitality Alliance | TravelPulse 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. Mercure Dubai Barsha Heights - Sustainability of suppliers regard H&M Group as a fair business partner. Quality Policy. Melco recognized by global environmental disclosure system CDP as one of China's . There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. This website is using a security service to protect itself from online attacks. Investor feedback suggests a yield in a mid-to-high 2% . Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . 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 focus on sustainability is directly aligned with our promise of Together, improving life, and our long-established values, culture and commitment to Associates, customers and communities. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Universal Registration Document. 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. 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. Expedia Group In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. At Accor, we ask our customers to reuse their towels. Cloudflare Ray ID: 7a2f181ebecd86c6 2022 Full-year results. Sustainability and diversity detailed in new AccorHotels report Accor - Shareholders & Investors 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). Double our percentage of women in leadership to 34%. Annual report | Signify Company Website Sustainability Reporting - H&M Group Your IP: The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor 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). These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. Mia Martina - Guest Service Supervisor - Sofitel Melbourne - LinkedIn ITC's Sustainability Reports South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. It has affected so many people around the world. 12/16/2021 1 min. 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. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Founded in 1967, Accor SA is headquartered in France and publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). Press Releases. PDF Wilmar International Limited - Asia's Leading Agribusiness Group Our solid performances were achieved owing to the strength of our brands, our financial discipline and the sterling efforts of our teams who, throughout the year, demonstrated determination, tenacity and generosity. 2020 Consolidated Non-Financial Information. 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. incentive fees based on the hotel operating margin. Water-efficient landscaping. Corporate reporting and sustainability policy statement Key Achievements-. 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. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts Today, we want to scale up our ambitions by banking on innovation and accountability. 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. PDF document. Senior Vice President Group External Communications. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. . Sustainability Disclosure 2021. 2019 Sustainability Review. Solid and sustainable rebound. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. . Waste Reduction. InterContinental Hotels Group Corporate Responsibility | IHG Eco-designed materials used in the bedrooms. Sustainability. Sustainability Reports | CapitaLand Sustainability | Melco Resorts & Entertainment 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. A sustainable commitment to improve your hotel's performance. PDF 2.23MB Accor is a hotel management company founded in 1967 and based in Paris, France. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Hyderabad Area, India. 2011-2020 Huawei Consumer Business . Responsible Business Report. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. It is core to our strategy and sits at the heart of everything we do. Your IP: the share of recycled materials used in our garments from 5.8% to 17.9%. CDL Integrated Sustainability Report 2021 spotlights an adaptable and Click to reveal 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. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. Sustainability and innovation. 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.
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