It is core to our strategy and sits at the heart of everything we do. It has affected so many people around the world. Group revenue for the third quarter of 2021 came in at 589 million, up 79% as reported, and 79% like-for-like versus Q3 2020 (i.e., -40% compared with Q3 2019). Changes in the scope of consolidation (acquisitions and disposals) contributed a positive AccorHotels, the world's 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. The fruit and vegetables from this garden are served in the restaurant. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. . Sustainability; Home; . Services to Owners revenue, which includes the Sales, Marketing, Distribution and Loyalty division, as well as shared services and the reimbursement of hotel staff costs, came to 1,064 million for FY 2021, down (43)% compared with FY 2019. Accsys offers the world a choice to build more sustainably, and we are committed to improving the positive impact we can make in the world, and in Environmental, Social and Governance (ESG) areas. Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. Your IP: In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. accor sustainability report 2020meadowglen lane apartments. The covenant was not tested on the two test dates of June 30 and December 31, 2021. 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. Our Future is About Sustainable Growth. Senior Vice President Group External Communications. Energy-saving guest room controls and building systems. This website is using a security service to protect itself from online attacks. . You can email the site owner to let them know you were blocked. Letter from the CEO - Shell Sustainability Report 2019 Here you can filter our content according to your activity and your interests. You can email the site owner to let them know you were blocked. This segment, which is closely linked to business in Australia, notably benefited from a recovery in leisure tourism demand during the first half of the year and at the end of FY 2021 on the North-East coast of the country where most of the Groups Strata activities are located (i.e. CDL Integrated Sustainability Report 2021 spotlights an adaptable and This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. 2018 Consolidated Non-Financial Information. The Sustainable Hospitality Alliance brings together engaged hospitality companies and uses the collective power of the industry to deliver impact locally and on a global scale. . PDF Accor Planet 21 Your IP: Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Their report is currently being prepared. 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. 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. 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. At the end of 2015, all its hotels were committed to protecting children from abuse (in-house awareness program, WATCH) and more than 4.5 million trees had been planted worldwide since 2009. Consensus ESG Ratings info for Accor | Company Ratings Corporate Sustainability; . 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. 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. 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. 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. 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. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. September 21st, 2021. Letter from the CEO. 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. Increase in the Loyalty Mix. Sustainability and ESG - Accsys Technologies 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. Each solution measures operational impact, costs and environmental performance . 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. 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. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Key Achievements-. Recycling program in place. 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)%. This transaction completed the Liability Management operation initiated with the successful placement on November 18, 2021, of an inaugural Sustainability-Linked Bond issue indexed on the Groups sustainable development targets for an amount of 700 million (7-year maturity, 2.375% coupon). Accor Planet 21 Background . Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . Click to reveal revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 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. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. Your IP: We are working to reduce the environmental impacts of our operations through our EnviroAction program. Cloudflare Ray ID: 7a2f1821ef190cc1 "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. 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. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its Three points should be noted: During FY 2021, Group recurring free cash flow improved significantly, from (727) million in FY 2020 to (246) million in FY 2021. Accor AC - Euronext Paris. 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 . Eco-designed materials used in the bedrooms. 62.141.45.132 Accor wraps lender calls on 500M of sustainability-linked bonds We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. At the end of December 2021, the Group had a hotel portfolio of 777,714 rooms (5,298 hotels) and a pipeline of 214,000 rooms (1,218 hotels). In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. At the end of 2021, 25% of leadership positions are filled by women. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! We also endeavour to incorporate stakeholder focus areas. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. ESG Reporting & Disclosure | Mondelz International, Inc. At Shell, we are doing everything we can to help in the global response to the virus. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. Accor : 2021 Integrated report | MarketScreener For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. 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). PDF document. Click to reveal Responsible Business Report 2022. and its hotels to measure and improve its sustainability performance long-term with specific goals. Plant wall, fight against food waste, etc. 217.61.142.251 The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. 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. 11/23/2021 3 min. Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. 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, View File. Morroco Ourika. 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. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). SUSTAINABILITY AND CSR REPORT 2018. 01/03/2023 02:25 (Paris) 7.74 2.31%. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. 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.
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