It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. 12/28/2022. PDF document. Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor Click to reveal 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. 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 consolidated financial statements and notes related to this press release are available on the www.accor.com website. 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. 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. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. The Group controls this new entity through the ownership of a 66.67% stake. Luxury & Lifestyle. This performance was linked to the recovery in business which reflected better absorption of fixed costs. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. Integrated Report 2020 - Atos 2020 Consolidated Non-Financial Information. Sustainability | Melco Resorts & Entertainment The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. Korian Share. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. 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. Press releases. Consensus ESG Ratings info for Accor | Company Ratings Energy-saving guest room controls and building systems. While business in Saudi Arabia remained held back by tight restrictions weighing on pilgrimages, the United Arab Emirates benefit from demand linked to Expo 2021 which started from October 1, 2021. 40% of our Resort's hot water is heated by solar power. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. 67.211.219.14 . We share our vision of digital transformation with purpose, our strategy and our . Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Sustainability Reports | Amcor 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. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. The Report can be accessed here. Develops talent from within and a strong disciplinarian who leads by example. Increase in the Loyalty Mix. Performance & security by Cloudflare. . Key performance indicators. Plant wall, fight against food waste, etc. Cloudflare Ray ID: 7a2f1819ababf6ad Cloudflare Ray ID: 7a2f181ebecd86c6 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. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 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. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. 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. 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 . Tel: 00 971 4 381 8888. For further information, visit www.sustainablehospitalityalliance.org. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. View File. It was a tough year for everyone. 2011-2020 Huawei Consumer Business . 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. The group has one of the industry's most diverse and fully-integrated hospitality ecosystems encompassing more than 40 luxury, premium, midscale and economy hotel brands, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. 62.141.45.132 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. This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. room and apartment distribution activities and managed properties). Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. Their report is currently being prepared. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive The action you just performed triggered the security solution. Responsible Business - InterContinental Hotels Group PLC Accor - The commitment to the planet This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Press releases | Accor - Newsroom Letter from the CEO. Recycling program in place. 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 share of recycled materials used in our garments from 5.8% to 17.9%. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. Sustainability Disclosure 2021. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. accor sustainability report 2020 Savings made on water and energy are used to fund tree planting.One tree is planted every minute. Our 21st Sustainability Report covers the period 01 January 2021 . 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. In 2019, this bond had been partially redeemed for the amount of 350 million. 12/16/2021 1 min. 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. 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. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. . 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. 6/24/2020. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. Mar 2021 - Apr 20221 year 2 months. Accor : 2021 Integrated report | MarketScreener You can email the site owner to let them know you were blocked. This result contributes to creating a great place to work. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. All regions are now generating positive EBITDA. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. This website is using a security service to protect itself from online attacks. Performance & security by Cloudflare. Accor: Our Planet 21 sustainable development program You can email the site owner to let them know you were blocked. Reports and Policies - Huawei On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its 2019: Strong results and a successful transformation | Accor - Newsroom We are working to reduce the environmental impacts of our operations through our EnviroAction program. This website is using a security service to protect itself from online attacks. 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. Live stock. Amcor 2019 GRI Report. Environmental Sustainability Highlights 2019/2020 - Hyatt About You can email the site owner to let them know you were blocked. Accor. 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. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. Water-efficient landscaping. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. As of end of December 2021, combined . "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. The report covers the period 1 January to 31 December. AccorHotels takes its corporate responsibility to the next level with Read full report. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . Eco-designed materials used in the bedrooms. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. CDL Integrated Sustainability Report 2021 spotlights an adaptable and 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. Your IP: During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. Included in the . reduction in plastic packaging. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. This website is using a security service to protect itself from online attacks. 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. The issues we are tackling are systemic, requiring supply chain and business transformation. Accor says stop to single-use plastic in its hotels by 2022 - English The program for 2020 was drawn up in consultation with the teams. 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.