Today, we want to scale up our ambitions by banking on innovation and accountability. At the end of 2021, 25% of leadership positions are filled by women. Expedia Group Sustainability Reports | CapitaLand 2019: Strong results and a successful transformation | Accor - Newsroom Shell Sustainability Report 2020 - Home After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. 2021 ESG REPORT. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. 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. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. Letter from the CEO. 62.141.45.132 On February 18, 2021, Accor sold a part of its share in Huazhu Group Ltd, representing 1.5% of share capital of the company for 239 million. 75.119.192.80 A sustainable commitment to improve your hotel's performance. It follows the GRI methodology and use selected Standards with a GRI . View File. 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. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 This result contributes to creating a great place to work. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Letter from the CEO - Shell Sustainability Report 2019 Reporting - olamgroup.com This website is using a security service to protect itself from online attacks. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . 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. Corporate reporting and sustainability policy statement Sustainability reporting | BHP In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. Double our percentage of women in leadership to 34%. 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. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. 67.211.219.14 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. Mar 2021 - Apr 20221 year 2 months. 16.3 mb. and its hotels to measure and improve its sustainability performance long-term with specific goals. 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. - 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. Our Future is About Sustainable Growth - Accor This website is using a security service to protect itself from online attacks. Responsible Business Report 2022. Their report is currently being prepared. RevPAR was down (49)% in FY 2021 compared with FY 2019. Press releases. This segment, which is closely linked to business in Australia, notably benefited from a recovery in leisure tourism demand during the first half of the year and at the end of FY 2021 on the North-East coast of the country where most of the Groups Strata activities are located (i.e. Your IP: There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. the share of recycled materials used in our garments from 5.8% to 17.9%. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. Environmental Sustainability Highlights 2019/2020 - Hyatt About 01/03/2023 02:25 (Paris) 7.74 2.31%. 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. 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. Quality Policy. As the desire to escape and to resume travelling has never been stronger, we are well underway to make the most of this rebound in all our markets. 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 . The action you just performed triggered the security solution. Click to reveal Recycling program in place. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. Performance & security by Cloudflare. 2018 Consolidated Non-Financial Information. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. For further information, visit www.sustainablehospitalityalliance.org. Included in the Integrated Report (Section 6 - p. 120) Download. 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. It was a tough year for Shell, but also a year when we set a clear path for our future. Each year Loomis publishes an integrated annual and sustainability report. 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. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. 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. Jon Warmington - General Manager - Accor | LinkedIn Reports and Policies - Huawei Your IP: Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. . Sustainability Report 2022 | Amcor As of end of December 2021, combined . - Lacey Pfalz, Associate Writer, TravelPulse. 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. 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. Water-efficient landscaping. Full-Year 2022 Results. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. Sustainability and innovation. Accor is a hotel management company founded in 1967 and based in Paris, France. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . Energy-saving guest room controls and building systems. 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. 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. Sustainability; Home; . The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. . Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. It has affected so many people around the world. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. Operational waste. Sbastien Bazin, the Groups Chairman & CEO, stated, The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide, are both valuable levers for our sustainable performance. . 193.32.208.109 All regions are now generating positive EBITDA. Performance & security by Cloudflare. 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. Accor : 2021 Integrated report | MarketScreener PDF 10.87MB; ESG Databook. Annual report | Signify Company Website 2019 Sustainability Review. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its SUSTAINABILITY AND CSR REPORT 2019. 164.46.106.217 AccorHotels takes its corporate responsibility to the next level with To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. accor sustainability report 2020 WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. The Group controls this new entity through the ownership of a 66.67% stake. Morroco Ourika. Planet 21 Season 1 [2011-2015]: a solid track record. The action you just performed triggered the security solution. Download Snacking Made Right ESG Report. As a leader in the hospitality sector . 2021 Integrated report. CDL Integrated Sustainability Report 2021 spotlights an adaptable and Accor's Full-Year 2021 Results: Significant rebound in activity 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. 2021 Consolidated Non-Financial Information. 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. Innovation is integral to Kering's sustainability policy. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. 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. Wilmar International Limited - Asia's Leading Agribusiness Group The covenant was not tested on the two test dates of June 30 and December 31, 2021. You can email the site owner to let them know you were blocked. This increase reflected the sharp recovery in business during the second half of the year. ), 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. 40% of our Resort's hot water is heated by solar power. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. Sustainability & Environmental Responsibility | Social - Gore Press Releases. 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. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. 11/23/2021 3 min. . We are working to reduce the environmental impacts of our operations through our EnviroAction program. InterContinental Hotels Group Corporate Responsibility | IHG Sustainability | Melco Resorts & Entertainment A trouble-shooter who is constantly looking to solve problems and see problems as challenges. Corporate Sustainability - Sustainability - Grupo ACS Carbon Neutral Certificate by Farnek. 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. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. We measure and report on our Scope 1, Scope 2 . Amcor 2020 Sustainability Report. Novotel Hyderabad Airport. 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. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. 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. Read full report. Key performance indicators. Key considerations and . In 2021, payment of fees was in line with business levels during the year as well as the collection of certain fees for which payment deadline extensions were granted to certain hotel owners. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Cloudflare Ray ID: 7a2f1821ef190cc1 This website is using a security service to protect itself from online attacks. Green Hotel Dubai | Sustainable Practices | Four Seasons Resort 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.