accor sustainability report 2020
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. This result contributes to creating a great place to work. Key performance indicators. 47 million, largely due to the full consolidation of sbe since Q4 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. CAC 40. All. 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. Recycling program in place. Double our percentage of women in leadership to 34%. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. Our Future is About Sustainable Growth. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. 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. The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. The Report can be accessed here. Sustainability; Home; . Included in the Integrated Report (Section 5 - p. 88) download. We share our vision of digital transformation with purpose, our strategy and our . 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. Two key issues to tackle will be food and buildings. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. hide. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. SUSTAINABILITY AND CSR REPORT 2019. 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)%. ), 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. Included in the Integrated Report (Section 6 - p. 120) Download. During the first quarter of 2021, two capital increases were completed for the amounts of 150 million (of which 45 million for Accor) and of 327 million (of which 109 million for Accor). Marriott International, Inc. (Nasdaq: MAR) ("Marriott") today released its 2021 Serve 360 Report presenting data from 2020 and demonstrating its Environmental, Social, and Governance (ESG) efforts toward the company's 2025 Sustainability and Social Impact Goals. 2020 Consolidated Non-Financial Information. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. 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. 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. During the second half of 2021, the Group returned to a positive cash generation situation. Through the lens of the Covid-19 pandemic and the subsequent economic and operating challenges generated by . Read Letter from the CEO. 1,200 million revolving credit line, concluded with a consortium of banks in June 2018. You can email the site owner to let them know you were blocked. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. Premium, Midscale, Economy. 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. . 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 system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. Investor feedback suggests a yield in a mid-to-high 2% . 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. As of end of December 2021, combined . September 21st, 2021. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. The action you just performed triggered the security solution. Your IP: Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. Click to reveal You can email the site owner to let them know you were blocked. Your IP: Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . 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 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. The change in working capital requirement returned to close to breakeven. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). 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. 12/28/2022. The Asia-Pacific region enjoyed a sequential improvement in RevPAR (+9 percentage points between the third and fourth quarters) after a third quarter hit by tighter Covid restrictions. It was a tough year for everyone. The report covers the period 1 January to 31 December. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. 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. 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 . View File. 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. 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. Cloudflare Ray ID: 7a2f1863d83a23d4 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. 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 . In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . 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 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). 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. Working together for a better future. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Read full report. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. Click to reveal 62.141.45.132 Full-Year 2022 Results. 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. Universal Registration Document. Read full report. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 2021 Sustainability Report. Responsible Business Report. This website is using a security service to protect itself from online attacks. Performance & security by Cloudflare. 2022 Full-year results. 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. The issues we are tackling are systemic, requiring supply chain and business transformation. 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.
