Accor wraps lender calls on 500M of sustainability-linked bonds 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). Responsible Business - InterContinental Hotels Group PLC ITC's Sustainability Reports It was a tough year for Shell, but also a year when we set a clear path for our future. 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. Ben van Beurden, CEO. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. Read more >. 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. 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. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . This website is using a security service to protect itself from online attacks. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. Accor joins global sustainability network, the Sustainable Hospitality 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. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. Universal Registration Document. The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! 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 . Accor's Full-Year 2021 Results: Significant rebound in activity 12/28/2022. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. Environment & CSR - Accor It is core to our strategy and sits at the heart of everything we do. 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. Accor says stop to single-use plastic in its hotels by 2022 - English A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). accor sustainability report 2020meadowglen lane apartments. Luxury & Lifestyle. It has affected so many people around the world. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. 40% of our Resort's hot water is heated by solar power. Novotel Hyderabad Airport. This result contributes to creating a great place to work. Solid and sustainable rebound. Revenue Manager. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. . After five years, the results of the first phase of the plan are very encouraging. Cloudflare Ray ID: 7a2f181b2b5e1623 Sustainability Reporting - H&M Group accor sustainability report 2020 Accor is a hotel management company founded in 1967 and based in Paris, France. Download Snacking Made Right ESG Report. Click to reveal Sustainability; Home; . Follow us on . 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). Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. Here you can filter our content according to your activity and your interests. Three points should be noted: During FY 2021, Group recurring free cash flow improved significantly, from (727) million in FY 2020 to (246) million in FY 2021. Corporate Sustainability - Sustainability - Grupo ACS hide. 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. 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. 531 kb. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. You can email the site owner to let them know you were blocked. Marriott International Reports on Environmental, Social, and Governance As a leader in the hospitality sector . This website is using a security service to protect itself from online attacks. 217.61.142.251 A trouble-shooter who is constantly looking to solve problems and see problems as challenges. 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. Performance & security by Cloudflare. PDF Accor Planet 21 It was a tough year for everyone. 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. AccorHotels takes its corporate responsibility to the next level with Green Hotel Dubai | Sustainable Practices | Four Seasons Resort KR Rakesh - Cluster Revenue Manager, RMCC Shanghai- Asia - LinkedIn Strong growth in consolidated revenue. Melco recognized by global environmental disclosure system CDP as one of China's . Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). Reporting - olamgroup.com We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. 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. We also endeavour to incorporate stakeholder focus areas. . A team leader who gets the best out of his staff. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. 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. SUSTAINABILITY AND CSR REPORT 2019. The action you just performed triggered the security solution. Quality Policy. Key performance indicators. This website is using a security service to protect itself from online attacks. 2022 Full-year results. . Paccor Publishes First Annual Sustainability Report For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. The new system aims higher and is more accommodating as regards local specifics and operational realities. PDF document. View File. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. 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 . Read Letter from the CEO. 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. Mar 2021 - Apr 20221 year 2 months. 11/23/2021 3 min. At Accor, we ask our customers to reuse their towels. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Click to reveal Expedia Group At the end of 2021, 25% of leadership positions are filled by women. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. Click on the brand of your choice if you want to filter the benefits. "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. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. InterContinental Hotels Group Corporate Responsibility | IHG The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. Eco-designed materials used in the bedrooms. 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. Responsible Business Report. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. 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. Reports and Policies - Huawei 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. 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). Amcor 2019 GRI Report. 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. Water conservation measures in place. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. 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. 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)%. Their report is currently being prepared. Planet 21 Season 2 must enable us to create wealth sustainably and curb our negative impacts through the mobilization of our employees, guests, partners and local communities. Innovation is integral to Kering's sustainability policy. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. Hilton - TRAVEL WITH PURPOSE - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. Accor's sustainability approach includes initiatives at your hotel to . 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. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. The program for 2020 was drawn up in consultation with the teams. Shell Sustainability Report 2020 - Home We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . Accor - Shareholders & Investors During 2021, Accor organically opened 288 hotels, representing 41,000 rooms, resulting in a net growth in the network of 3% over the 12-month period. In general, the sharper decline in M&F revenue compared to RevPAR (down (46)% over FY 2021 versus FY 2019) can be attributed to the strong decrease in incentive fees based on the hotel operating margin generated from management contracts. incentive fees based on the hotel operating margin. 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 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. Premium, Midscale, Economy. 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. 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.. Sustainability special report | Kering Press releases | Accor - Newsroom 01/03/2023 02:25 (Paris) 7.74 2.31%. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. 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. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. the share of recycled materials used in our garments from 5.8% to 17.9%. This website is using a security service to protect itself from online attacks. HotelServices EBITDA was positive at 93 million for 2021. The assessment included seeking internal and external stakeholder feedback. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . 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 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The action you just performed triggered the security solution. 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 AC - Euronext Paris. 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. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . PDF Wilmar International Limited - Asia's Leading Agribusiness Group Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. We share our vision of digital transformation with purpose, our strategy and our . Sustainability reporting | BHP It's our way of opening our doors and creating opportunities for all. ESG Reporting & Disclosure | Mondelz International, Inc. 47 million, largely due to the full consolidation of sbe since Q4 2020. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. The IHG Academy is a collaboration where we link up with education providers and community groups around the world by providing local people with the opportunity to develop skills and improve their employment prospects in one of the world's largest leading hotel companies. 2021 Sustainability Report. Tel: 00 971 4 381 8888. Mia Martina - Guest Service Supervisor - Sofitel Melbourne - LinkedIn Our Future is About Sustainable Growth. Our vision is to drive the change towards positive, more responsible and inventive hospitality, wherever we are., Planet 21|2016-2020: same direction, higher aims. Environmental Sustainability Highlights 2019/2020 - Hyatt About 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. We are working to reduce the environmental impacts of our operations through our EnviroAction program. . 2021 Consolidated Non-Financial Information. Sustainability Report | Central Plaza Hotel (CENTEL) Each solution measures operational impact, costs and environmental performance . 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. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . . 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. 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. 00:00. Accor: Our Planet 21 sustainable development program 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. Accor - Commitment 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. 2011-2020 Huawei Consumer Business . Cloudflare Ray ID: 7a2f18038eaaef6f CAC 40. Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. Energy-saving guest room controls and building systems. 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. You can email the site owner to let them know you were blocked. The Group controls this new entity through the ownership of a 66.67% stake. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Sustainability and diversity detailed in new AccorHotels report Included in the Integrated Report (Section 5 - p. 88) download. . After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. Key considerations and . The action you just performed triggered the security solution. The report solidifies the company's commitment to creating a sustainable future and making a difference in the lives of employees, guests and the communities in which it operates. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. 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. Planet 21 Season 1 [2011-2015]: a solid track record. Cloudflare Ray ID: 7a2f1863d83a23d4 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. Your IP: PDF 10.87MB; ESG Databook. 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). Korian Share. Carbon Neutral Certificate by Farnek. You can email the site owner to let them know you were blocked. You can email the site owner to let them know you were blocked. 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). Sustainability and innovation. Sustainability and ESG - Accsys Technologies The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. 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. ESG challenges - i.e., Environmental, Social and Governance (ESG . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). A sustainable commitment to improve your hotel's performance. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. 16.3 mb. 75.119.192.80 These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. It is one of four key enablers to deliver our Strategic Plan. 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. Integrated Report 2020 - Atos MGM Resorts International's 2020 Social Impact and Sustainability Click to reveal . Our 21st Sustainability Report covers the period 01 January 2021 .

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