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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The report covers the period 1 January to 31 December. Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. Amcor 2019 GRI Report. 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. 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. It has affected so many people around the world. 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. Guest Service Agent - Club Sofitel Lounge. 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. 193.32.208.109 Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . The Group achieved solid results regarding the actions taken over the 2011-2015 period. 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 . The action you just performed triggered the security solution. The assessment included seeking internal and external stakeholder feedback. 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. 62.141.45.132 Click to reveal The action you just performed triggered the security solution. . 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. United Arab Emirates. Key Achievements-. Solid and sustainable rebound. Melbourne, Victoria, Australia. 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. 12/16/2021 1 min. . Water conservation measures in place. Click to reveal Accor is concentrating its efforts on ensuring the return to profitability initiated in 2021, capitalizing on the activity rebound and the positive recurring impact from its RESET cost savings plan. 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. Each year Loomis publishes an integrated annual and sustainability report. 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. 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). PDF 10.87MB; ESG Databook. Our 21st Sustainability Report covers the period 01 January 2021 . Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . . Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. 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). Letter from the CEO. 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). 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. Accor AC - Euronext Paris. Accor is a hotel management company founded in 1967 and based in Paris, France. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. 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. At Accor, we ask our customers to reuse their towels. View File. 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. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Today, we want to scale up our ambitions by banking on innovation and accountability. 6/24/2020. HotelServices EBITDA was positive at 93 million for 2021. Your IP: The new system aims higher and is more accommodating as regards local specifics and operational realities. Your IP: - 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. You can email the site owner to let them know you were blocked. 01/03/2023 02:25 (Paris) 7.74 2.31%. The covenant was not tested on the two test dates of June 30 and December 31, 2021. 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. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. 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. 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. A team leader who gets the best out of his staff. Read full report. Key performance indicators. 00:00. Responsible Business Report. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Our Future is About Sustainable Growth. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. It is more flexible and is based on a participative approach allowing each hotel to set its own objectives and map out its own action plan. Follow us on . Your IP: 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. Universal Registration Document. Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. 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). . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Performance & security by Cloudflare. 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. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. 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. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. Environmental Policy. It's our way of opening our doors and creating opportunities for all. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. 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. 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). Sustainability is integral to how we contribute to social value creation. Double our percentage of women in leadership to 34%. Eco-designed materials used in the bedrooms. Read Letter from the CEO. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. This redemption was notably funded through the issuance of bonds convertible and/or exchangeable into new and/or existing shares (OCEANEs) on December 7, 2020. A sustainable commitment to improve your hotel's performance. 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 . Accor's sustainability approach includes initiatives at your hotel to . 16.3 mb. 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. Plant wall, fight against food waste, etc. 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 shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. 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. of suppliers regard H&M Group as a fair business partner. 2011-2020 Huawei Consumer Business . 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. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. 2021 Sustainability Report. Initiatives to cut fixed costs were partially offset by weaker government subsidies than a year earlier, but nevertheless also continued to have a positive impact. 2021 Consolidated Non-Financial Information. 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. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. 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. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. 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. . - Lacey Pfalz, Associate Writer, TravelPulse. PDF document. 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. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. 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. Two key issues to tackle will be food and buildings. Innovation is integral to Kering's sustainability policy. The . To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. 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, Cloudflare Ray ID: 7a2f1821ef190cc1 2018 Consolidated Non-Financial Information. Your IP: 00:00. Recycling program in place. Read more >. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. "This year's report documents important milestones marking 10 years on our sustainability journey, in which we've achieved scale in our signature ingredient sourcing programs Cocoa Life and Harmony Wheat. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . accor sustainability report 2020meadowglen lane apartments. Ethics and Corporate Social Responsibility Charter. As part of a policy of progress and transparency, the Group asked its customers for their views on these issues, updated its environmental footprint and assessed its socio-economic footprint for the first time to assess the challenges it faces and construct its new 5-year program. Performance & security by Cloudflare. 2021 ESG REPORT. 40% of our Resort's hot water is heated by solar power. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. 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. It describes the Company's sustainability platform, material focus areas, goals and results. Live stock. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. You can email the site owner to let them know you were blocked. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. Corporate Sustainability; . incentive fees based on the hotel operating margin. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. 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. 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. Your IP: 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. Dec 2016 - Jan 20181 year 2 months. 2017 Report. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Accor. 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. You can email the site owner to let them know you were blocked. Mar 2021 - Apr 20221 year 2 months. +7 percentage points between the third and fourth quarters).
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