. 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. By reducing its cradle-to-grave carbon footprint intensity of 11% compared to 2019 and increasing the recyclability of its products to a total of 65% the company is on a clear and ambitious path forward with its sustainability strategy CARE. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. 2020 Consolidated Non-Financial Information. Click to reveal On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. We also endeavour to incorporate stakeholder focus areas. 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. 2021 Integrated report. 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. This website is using a security service to protect itself from online attacks. Live stock. of suppliers regard H&M Group as a fair business partner. 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 . The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. 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. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. 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. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. 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)%. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. For further information, visit www.sustainablehospitalityalliance.org. The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. Ben van Beurden, CEO. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. Accor is a committed, inclusive company that strives to limit its carbon footprint and impact on the planet, and to respond to travelers' concerns about social and environmental responsibility. View File. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . . 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. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). This increase reflected the sharp recovery in business during the second half of the year. 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. Each year Loomis publishes an integrated annual and sustainability report. +7 percentage points between the third and fourth quarters). This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). A sustainable commitment to improve your hotel's performance. This website is using a security service to protect itself from online attacks. Korian Share. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. The new system aims higher and is more accommodating as regards local specifics and operational realities. Click to reveal As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. Innovation is integral to Kering's sustainability policy. At the end of 2021, 25% of leadership positions are filled by women. - Novotel offers eco-designed beds made from wood sourced from sustainably-managed forests (FSC certified), as well as bedspreads and pillowcases made from recycled bottles. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. 12/16/2021 1 min. Tel: 00 971 4 381 8888. Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. Performance & security by Cloudflare. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. 47 million, largely due to the full consolidation of sbe since Q4 2020. Novotel Hyderabad Airport. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . . Increase in the Loyalty Mix. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. You can email the site owner to let them know you were blocked. Accor is deeply committed to sustainable value creation and plays an active role in giving back to planet and community via its Planet 21 Acting Here program and the Accor Solidarity endowment fund, which gives disadvantaged groups access to employment through professional training. Letter from the CEO. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! 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. 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. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . The program for 2020 was drawn up in consultation with the teams. accor sustainability report 2020meadowglen lane apartments. Our 21st Sustainability Report covers the period 01 January 2021 . Key Achievements-. As a leader in the hospitality sector . 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. Organic waste diversion program in place. The Group controls this new entity through the ownership of a 66.67% stake. Sustainability Disclosure 2021. 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. 2021 Consolidated Non-Financial Information. 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. Full-Year 2022 Results. Operational waste. 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. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. Revenue Manager. All. ESG challenges - i.e., Environmental, Social and Governance (ESG . Environmental Sustainability Highlights 2019/2020 - Hyatt About 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. The Group achieved solid results regarding the actions taken over the 2011-2015 period. 16.3 mb. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . 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. 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. After five years, the results of the first phase of the plan are very encouraging. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Ethics and Corporate Social Responsibility Charter. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. It describes the Company's sustainability platform, material focus areas, goals and results. Two key issues to tackle will be food and buildings. The action you just performed triggered the security solution. Read full report. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. United Arab Emirates. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. 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. 6/24/2020. This change masks disparities between the hard-hit businesses directly related to the Travel segment, such as onefinestay private home rentals, and the digital businesses, such as D-Edge services. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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.