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. . Performance & security by Cloudflare. 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. 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. 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. 2019: Strong results and a successful transformation | Accor - Newsroom 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. Environmental Policy. The action you just performed triggered the security solution. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its 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. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. View File. Universal Registration Document. Sustainability and diversity detailed in new AccorHotels report The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. The covenant was not tested on the two test dates of June 30 and December 31, 2021. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. 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. In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Accor AC - Euronext Paris. 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. Solid and sustainable rebound. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. The action you just performed triggered the security solution. *This commitment should be reached in the year 2020 in areas where the supply chains are developed (in-shell eggs in Europe, for example) and by 2025 on the markets where the supply chains are still in development. Revenue Manager. - 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. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. Sustainability Reporting - H&M Group PDF 10.87MB; ESG Databook. Cloudflare Ray ID: 7a2f18038eaaef6f Accor is a hotel management company founded in 1967 and based in Paris, France. ITC's Sustainability Reports Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. After five years, the results of the first phase of the plan are very encouraging. 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. Shell Sustainability Report 2020 - Home The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. 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. This website is using a security service to protect itself from online attacks. 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. The Management & Franchise division of HotelServices reported EBITDA of 275 million, significantly higher than in 2020 (25 million) and down (64)% like-for-like compared with FY 2019. We measure and report on our Scope 1, Scope 2 . You can email the site owner to let them know you were blocked. HotelServices EBITDA was positive at 93 million for 2021. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. AccorHotels is a Group united by a shared passion for hospitality and driven by a shared promise to make everyone Feel Welcome.Over 190,000 women and men in 3,900 AccorHotels establishments look after thousands of guests every day in 92 countries.AccorHotels is the worlds leading hotel operator and offers its customers, partners and employees:- its dual expertise as a hotel operator and franchisor (HotelServices) and a hotel owner and investor (HotelInvest);- a large portfolio of internationally renowned brands covering the full spectrum, with luxury (Sofitel, Pullman, MGallery by Sofitel, Grand Mercure, The Sebel), midscale (Novotel, Suite Novotel, Mercure, Mama Shelter, Adagio) and economy (ibis, ibis Styles, ibis budget, adagio access and hotelF1) establishments;- a powerful marketplace and loyalty program: Le Club AccorHotels;- almost half a century of commitment to corporate citizenship and solidarity with the PLANET 21 program.Accor SA shares are listed on the Euronext Paris exchange (ISIN code: FR0000120404) and traded in the USA on the OTC marketplace (Code: ACRFY). Click to reveal 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. Accor, a world leading hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable Hospitality Alliance, a global organisation that brings together engaged hospitality companies and uses the industry's collective power to address and tackle . Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. Energy-saving guest room controls and building systems. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. 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. 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. 2022 Full-year results. Organic waste diversion program in place. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. 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. Click to reveal . The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. Develops talent from within and a strong disciplinarian who leads by example. The Group controls this new entity through the ownership of a 66.67% stake. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. +7 percentage points between the third and fourth quarters). Senior Vice President Group External Communications. Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor Sustainability Reports | CapitaLand . 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. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . 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. 75.119.192.80 WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. See stock description. 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). Included in the Integrated Report (Section 5 - p. 88) download. Mia Martina - Guest Service Supervisor - Sofitel Melbourne - LinkedIn AccorHotels takes its corporate responsibility to the next level with Included in the . 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. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. Accor Planet 21 Background . 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. 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 . Cloudflare Ray ID: 7a2f1821ef190cc1 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. Operational waste. The Group achieved solid results regarding the actions taken over the 2011-2015 period. We keep a close eye on our key extra-financial performance indicators in order to demonstrate the results we achieve and the shared value that we create. Follow us on . 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. Accor joins global sustainability network, the Sustainable Hospitality Guest Service Agent - Club Sofitel Lounge. Ethics and Corporate Social Responsibility Charter. Sustainability reporting | BHP In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. The action you just performed triggered the security solution. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. . This plan was the Groups way of encouraging the hospitality business to do 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. September 21st, 2021. Responsible Business Report 2022. Accor - Commitment 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 . Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence.