Cloudflare Ray ID: 7a2f1819ababf6ad The new system aims higher and is more accommodating as regards local specifics and operational realities. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. Accor. Our Future is About Sustainable Growth. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. 2021 Sustainability Report. 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. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. RevPAR was down (49)% in FY 2021 compared with FY 2019. 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. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Environmental Sustainability Highlights 2019/2020 - Hyatt About For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. Melco recognized by global environmental disclosure system CDP as one of China's . Environment & CSR. room and apartment distribution activities and managed properties). Your IP: Cloudflare Ray ID: 7a2f1821ef190cc1 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. 00:00. All regions are now generating positive EBITDA. You can email the site owner to let them know you were blocked. Our 21st Sustainability Report covers the period 01 January 2021 . 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. This increase reflected the sharp recovery in business during the second half of the year. This website is using a security service to protect itself from online attacks. Each year Loomis publishes an integrated annual and sustainability report. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . Included in the Integrated Report (Section 6 - p. 120) Download. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . 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 Group achieved solid results regarding the actions taken over the 2011-2015 period. 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. For 2022, the Group expects a net unit growth of 3.5%. Wilmar International Limited - Asia's Leading Agribusiness Group Share your thoughts with Twitter #ActingHere, More information on the digital press kit. 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. 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. 67.211.219.14 2021 Integrated report. Responsible Business Report 2022. PDF 10.87MB; ESG Databook. 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. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. 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. Your IP: Our teams are devoted to fighting against this evil and encourage their customers to do the same. 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). The action you just performed triggered the security solution. Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. 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 third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Amcor 2020 Sustainability Report. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. CAC 40. United Arab Emirates. 00:00. The action you just performed triggered the security solution. On November 12th, the UN Climate Change Summit (COP26) in Glasgow ended with a clear consensus that the world needs to do much more to limit global warming to 1.5C by 2050 and avert a climate crisis. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . It was a tough year for Shell, but also a year when we set a clear path for our future. Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. Click to reveal 11/23/2021 3 min. Ben van Beurden, CEO. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. You can email the site owner to let them know you were blocked. Live stock. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. Performance & security by Cloudflare. 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. Our Future is About Sustainable Growth. This performance was linked to the recovery in business which reflected better absorption of fixed costs. 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. 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). PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. 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. This website is using a security service to protect itself from online attacks. . The Report can be accessed here. 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. 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. Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. Strong growth in consolidated revenue. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. Click to reveal Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. 62.141.45.132 193.32.208.109 16.3 mb. 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. Mar 2021 - Apr 20221 year 2 months. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. 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. The change in working capital requirement returned to close to breakeven. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. Guest Service Agent - Club Sofitel Lounge. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. Your IP: In 2019, this bond had been partially redeemed for the amount of 350 million. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. 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. . 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. 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. 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 . 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. Waste Reduction. +7 percentage points between the third and fourth quarters). "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. incentive fees based on the hotel operating margin. 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. The report covers the period 1 January to 31 December. 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. The . You can email the site owner to let them know you were blocked. 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. Accor Planet 21 Background . 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. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. 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. Your IP: 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. 40% of our Resort's hot water is heated by solar power. - 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. This result contributes to creating a great place to work. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. 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. . In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris!
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