It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. Included in the . Senior Vice President Group External Communications. 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. Operational waste. Environment & CSR. 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. Solid and sustainable rebound. . Luxury & Lifestyle. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. 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. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . 16.3 mb. ), 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. This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. 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). Two key issues to tackle will be food and buildings. 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. 2017 Report. The action you just performed triggered the security solution. Novotel Hyderabad Airport. 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. Investor feedback suggests a yield in a mid-to-high 2% . and its hotels to measure and improve its sustainability performance long-term with specific goals. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. 67.211.219.14 There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. It is core to our strategy and sits at the heart of everything we do. 2021 Consolidated Non-Financial Information. 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. This decline reflects an environment disrupted by the resurgence of the Covid-19 pandemic, despite a marked improvement in global business levels from April 2021. At the end of 2021, 25% of leadership positions are filled by women. Quality Policy. Each solution measures operational impact, costs and environmental performance . For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. 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 . Included in the Integrated Report (Section 6 - p. 120) Download. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. 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. It describes the Company's sustainability platform, material focus areas, goals and results. 2018 Consolidated Non-Financial Information. Today, we want to scale up our ambitions by banking on innovation and accountability. You can email the site owner to let them know you were blocked. Performance & security by Cloudflare. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. of suppliers regard H&M Group as a fair business partner. reduction in plastic packaging. A team leader who gets the best out of his staff. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . Your IP: 00:00. 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. 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. 47 million, largely due to the full consolidation of sbe since Q4 2020. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. We share our vision of digital transformation with purpose, our strategy and our . notably in the Food & Beverage segment, but also for flex office activities, wellness, entertainment and events as well as technologies linked to the hotel industry. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. It is one of four key enablers to deliver our Strategic Plan. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. Key performance indicators. Click to reveal Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. Ben van Beurden, CEO. This performance was linked to the recovery in business which reflected better absorption of fixed costs. 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. It's our way of opening our doors and creating opportunities for all. Accor. 00:00. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. 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. . Environmental Policy. - Lacey Pfalz, Associate Writer, TravelPulse. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Click to reveal 531 kb. Press releases. Many have lost their lives. Click to reveal The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. Globally, there is a trend towards technical alignment among the five leading global sustainability reporting framework developers and standards-setters - CDP, Climate Disclosure Standards Board (CDSB), Global Reporting Initiative (GRI), International Integrated Reporting Council (IIRC) and Sustainability Accounting Standards Board (SASB) - known collectively as the Group of Five. This website is using a security service to protect itself from online attacks. Morroco Ourika. Amcor 2020 Sustainability Report. Initiatives to cut fixed costs were partially offset by weaker government subsidies than a year earlier, but nevertheless also continued to have a positive impact. 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. 12/28/2022. The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. Your IP: 164.46.106.217 The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. Letter from the CEO. 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. 2021 Integrated report. This SPAC successfully raised 300 million with a view to acquire one or more companies in sectors related to the core hotel business operated by Accor, Planet 21 Season 1 [2011-2015]: a solid track record. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Water-efficient landscaping. Recurring expenditure, which includes key money paid by HotelServices for its development and digital and IT investments, was kept in check, ending the year below the initially indicated range of 150-200 million. 2020 Consolidated Non-Financial Information. Cloudflare Ray ID: 7a2f1821ef190cc1 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. Since early 2021, this segment includes New Businesses (concierge services, luxury home rentals, private sales of hotel stays and digital services for hotel owners) which continue to be affected in different ways, ranging from the severely affected businesses directly related to the Travel sector, such as onefinestays private home rentals, to the digital businesses, such as the services provided by D-Edge. Sustainability; Home; . Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. 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. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. Key Achievements-. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 For 2022, the Group expects a net unit growth of 3.5%. 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 new system aims higher and is more accommodating as regards local specifics and operational realities. Carbon Neutral Certificate by Farnek. 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. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. You can email the site owner to let them know you were blocked. . Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. 01/03/2023 02:25 (Paris) 7.74 2.31%. Sustainability and innovation. 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. Universal Registration Document. . 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.