Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Cloudflare Ray ID: 7a2f1819ababf6ad The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. Read full report. 2018 Consolidated Non-Financial Information. Amcor 2020 Sustainability Report. PDF Environmental Sustainability Highlights 2019/2020 - Hyatt About 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. Key considerations and . After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Cloudflare Ray ID: 7a2f181b2b5e1623 Performance & security by Cloudflare. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. 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. In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. 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. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its Our Future is About Sustainable Growth. 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. The expansion of The Pledge comes at a time when travellers' awareness of and demand for tourism sustainability practices continues to grow, with Millennials and GenZ taking the lead with heightened environmental consciousness. A sustainable commitment to improve your hotel's performance. 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. Press Releases. Premium, Midscale, Economy. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. It follows the GRI methodology and use selected Standards with a GRI . 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. Dec 2016 - Jan 20181 year 2 months. 2011-2020 Huawei Consumer Business . The program for 2020 was drawn up in consultation with the teams. Read more >. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. The change in working capital requirement returned to close to breakeven. Accor reaffirms its net-zero commitment and signs two new initiatives Savings made on water and energy are used to fund tree planting.One tree is planted every minute. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. Sustainability & Environmental Responsibility | Social - Gore At Shell, we are doing everything we can to help in the global response to the virus. 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). Water conservation measures in place. 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. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. 75.119.192.80 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. Responsible Business Report. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). Sustainability special report | Kering Today, we want to scale up our ambitions by banking on innovation and accountability. It was a tough year for everyone. Sustainability reporting | BHP Share your thoughts with Twitter #ActingHere, More information on the digital press kit. 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. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Key Achievements-. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. 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). The . Integrated Report 2020 - Atos 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. 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. Letter from the CEO. 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. Cloudflare Ray ID: 7a2f181ebecd86c6 . . Amcor 2019 GRI Report. It is one of four key enablers to deliver our Strategic Plan. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. 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. 47 million, largely due to the full consolidation of sbe since Q4 2020. 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. 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. Live stock. 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. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. Annual report | Signify Company Website 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. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. 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. Performance & security by Cloudflare. Your IP: This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. To provide a comparison with RevPAR (presented as the change versus FY 2019 throughout this release), the like-for-like decline in revenue versus FY 2019 is (42)%. Key performance indicators. Each year Loomis publishes an integrated annual and sustainability report. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. 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. Sustainability and diversity detailed in new AccorHotels report Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. September 21st, 2021. . The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. Energy-saving guest room controls and building systems. The action you just performed triggered the security solution. 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. 2022 Full-year results. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. We share our vision of digital transformation with purpose, our strategy and our . 2019 Sustainability Review. We also endeavour to incorporate stakeholder focus areas. Many have lost their lives. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Our Future is About Sustainable Growth. Accor. As a leader in the hospitality sector . The action you just performed triggered the security solution. Your IP: Your IP: It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. Read full 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. Performance & security by Cloudflare. Accor took one bold commitment in 2019/20: eliminate ALL guest-related single-use plastic items in its hotels by end 2022 across 110 countries . SUSTAINABILITY AND CSR REPORT 2019. 164.46.106.217 A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). 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. 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. Consensus ESG Ratings info for Accor | Company Ratings The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. It has affected so many people around the world. 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. Morroco Ourika. Planet 21 is AccorHotels' sustainability program which spans six key pillars including People, Guests, Partners, Communities, Buildings and Sustainable Food, with commitments aligned with the United Nation's Sustainable Development Goals. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. At the end of December 2021, the Group had a hotel portfolio of 777,714 rooms (5,298 hotels) and a pipeline of 214,000 rooms (1,218 hotels). Corporate Sustainability; . 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. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. Your IP: ESG Reporting & Disclosure | Mondelz International, Inc. United Arab Emirates. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Our teams are devoted to fighting against this evil and encourage their customers to do the same. Sustainability Report 2022 | Amcor Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. 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. 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. 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. 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). There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. 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. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. 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. Sustainability Report | Central Plaza Hotel (CENTEL) Recycling program in place. 2020 Consolidated Non-Financial Information. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. This performance was linked to the recovery in business which reflected better absorption of fixed costs. 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). The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. It describes the Company's sustainability platform, material focus areas, goals and results. Reports and Policies - Huawei Environment & CSR - Accor Read Letter from the CEO. We are working to reduce the environmental impacts of our operations through our EnviroAction program. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. 12/16/2021 1 min. This improvement in demand meant that average room rates came close to or, in many destinations at the end of 2021, even exceeded pre-Covid-19 levels. 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. Your IP: Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. 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. 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. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Reporting - olamgroup.com Full-Year 2022 Results. Environment & CSR. Each solution measures operational impact, costs and environmental performance . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Korian Share. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. At the end of 2021, 25% of leadership positions are filled by women. Plant wall, fight against food waste, etc. Paccor Publishes First Annual Sustainability Report Innovation is integral to Kering's sustainability policy. Environmental, Social, and Governance (ESG) - Coupa CAC 40. Accor wraps lender calls on 500M of sustainability-linked bonds 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. incentive fees based on the hotel operating margin. 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. 67.211.219.14 Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). Press releases | Accor - Newsroom The Group controls this new entity through the ownership of a 66.67% stake. The issues we are tackling are systemic, requiring supply chain and business transformation. 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. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Jon Warmington - General Manager - Accor | LinkedIn 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. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. 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. 2021 Integrated report. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. 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.. See stock description. In 2013, for example, Kering founded the Material Innovation Lab, which provides the Group's Houses with more than 3,000 sustainable fabric and textile samples. "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. Novotel Hyderabad Airport. Two key issues to tackle will be food and buildings. This website is using a security service to protect itself from online attacks. CDL Integrated Sustainability Report 2021 spotlights an adaptable and
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accor sustainability report 2020