It is one of four key enablers to deliver our Strategic Plan. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. Sustainability. 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). - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . Sustainability Reports | Amcor You can email the site owner to let them know you were blocked. 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. Environment & CSR. Jon Warmington - General Manager - Accor | LinkedIn 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. Cloudflare Ray ID: 7a2f181ebecd86c6 Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. At the end of 2021, 25% of leadership positions are filled by women. Full-Year 2022 Results. 12/28/2022. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Sustainability | Melco Resorts & Entertainment Sustainability Report | Central Plaza Hotel (CENTEL) Accor is a hotel management company founded in 1967 and based in Paris, France. 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. Letter from the CEO. Your IP: hide. 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. PDF 2.23MB Develops talent from within and a strong disciplinarian who leads by example. Revenue Manager. Increase in the Loyalty Mix. Two key issues to tackle will be food and buildings. Press releases. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. Investor feedback suggests a yield in a mid-to-high 2% . The Group has one of the industrys most diverse and fully-integrated hospitality ecosystems encompassing luxury and premium brands, midscale and economy offerings, unique Lifestyle concepts, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. . *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. 75.119.192.80 The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. Your IP: For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. Accor's sustainability approach includes initiatives at your hotel to . Environment & CSR - Accor Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. 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 . It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. 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. Mar 2021 - Apr 20221 year 2 months. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. 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 & Environmental Responsibility | Social - Gore Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. 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. Performance & security by Cloudflare. Letter from the CEO - Shell Sustainability Report 2019 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. Our teams are devoted to fighting against this evil and encourage their customers to do the same. The action you just performed triggered the security solution. Dec 2016 - Jan 20181 year 2 months. Read full report. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. During the second half of 2021, the Group returned to a positive cash generation situation. Responsible Business - InterContinental Hotels Group PLC Corporate reporting and sustainability policy statement Accor says stop to single-use plastic in its hotels by 2022 - English Performance & security by Cloudflare. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. Click to reveal PDF version of our 2020 Sustainability Review - a summary of our approach and performance. PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. It follows the GRI methodology and use selected Standards with a GRI . In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. made possible thanks to the work of our devoted teams Accor over the world. Sustainability Reports | CapitaLand 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. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Mercure Dubai Barsha Heights - Sustainability After five years, the results of the first phase of the plan are very encouraging. 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. The program for 2020 was drawn up in consultation with the teams. The report covers the period 1 January to 31 December. Click to reveal Live stock. The issues we are tackling are systemic, requiring supply chain and business transformation. Environmental, Social, and Governance (ESG) - Coupa The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. 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. Premium, Midscale, Economy. 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. 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. Guest Service Agent - Club Sofitel Lounge. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Corporate Sustainability - Sustainability - Grupo ACS Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. Double our percentage of women in leadership to 34%. Eco-designed materials used in the bedrooms. Quality Policy. In 2013, for example, Kering founded the Material Innovation Lab, which provides the Group's Houses with more than 3,000 sustainable fabric and textile samples. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. Mia Martina - Guest Service Supervisor - Sofitel Melbourne - LinkedIn The fruit and vegetables from this garden are served in the restaurant. Novotel Hyderabad Airport. It shares the Group's sustainability journey, provides insights into its strategies, as well as highlights the economic, environmental and social aspects of the Group's developments and operations. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . Sustainability special report | Kering 2019: Strong results and a successful transformation | Accor - Newsroom 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. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. 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. Performance & security by Cloudflare. Their report is currently being prepared. Reports and Policies - Huawei PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. 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. Cloudflare Ray ID: 7a2f1819ababf6ad 2022 Full-year results. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Accor - Commitment 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. Our Future is About Sustainable Growth. 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. Shell Sustainability Report 2020 - Home Your IP: . Two key issues to tackle will be food and buildings. 40% of our Resort's hot water is heated by solar power. 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. This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. It is core to our strategy and sits at the heart of everything we do. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). Melbourne, Victoria, Australia. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. 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.