Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. 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. Corporate Sustainability; . This increase reflected the sharp recovery in business during the second half of the year. It was a tough year for everyone. ESG Reporting & Disclosure | Mondelz International, Inc. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive All regions are now generating positive EBITDA. 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. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Environmental, Social, and Governance (ESG) - Coupa 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). It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. Accor Joins the Sustainable Hospitality Alliance | TravelPulse PDF 2.23MB February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 Integrated Report 2020 - Atos This website is using a security service to protect itself from online attacks. 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). Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. PDF Accor Planet 21 ESG challenges - i.e., Environmental, Social and Governance (ESG . 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. Waste Reduction. Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! The new system aims higher and is more accommodating as regards local specifics and operational realities. You can email the site owner to let them know you were blocked. 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. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. 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. Through its Planet 21 Acting Here, 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. Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor Sustainability Reporting - H&M Group and its hotels to measure and improve its sustainability performance long-term with specific goals. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . 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. 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. Strong growth in consolidated revenue. 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. . AccorHotels takes its corporate responsibility to the next level with Tel: 00 971 4 381 8888. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. Double our percentage of women in leadership to 34%. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. 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. We share our vision of digital transformation with purpose, our strategy and our . Planet 21 Season 1 [2011-2015]: a solid track record. Environment & CSR - Accor 193.32.208.109 Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. You can email the site owner to let them know you were blocked. Responsible Business Report. Accor joins global sustainability network, the Sustainable Hospitality Your IP: 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. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. In five years, it has delivered two-thirds of the programs 21 objectives and over 90% of its hotels have embarked on a continuous-improvement drive. The program for 2020 was drawn up in consultation with the teams. The change in working capital requirement returned to close to breakeven. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. This website is using a security service to protect itself from online attacks. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . Click to reveal 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. Ben van Beurden, CEO. Members benefit from the company's comprehensive loyalty program ALL - Accor Live Limitless a daily lifestyle companion that provides access to a wide variety of rewards, services and experiences. 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. On February 18, 2021, Accor sold a part of its share in Huazhu Group Ltd, representing 1.5% of share capital of the company for 239 million. Organic waste diversion program in place. See stock description. Novotel Hyderabad Airport. 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. Besides, Accor will continue working on restoring its pre-Covid credit profile and could contemplate an additional return beyond its ordinary dividend subject to the respect of this objective. *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. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. 47 million, largely due to the full consolidation of sbe since Q4 2020. Our 21st Sustainability Report covers the period 01 January 2021 . Plant wall, fight against food waste, etc. RevPAR was down (49)% in FY 2021 compared with FY 2019. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. Sustainability Reports | Amcor 2020 Consolidated Non-Financial Information. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. After five years, the results of the first phase of the plan are very encouraging. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Melco recognized by global environmental disclosure system CDP as one of China's . The Group has been acquiring hospitality expertise for more than 50 years, resulting in an unrivaled portfolio of brands, from luxury to economy, supported by one of the most attractive loyalty programs in the world. At Shell, we are doing everything we can to help in the global response to the virus. Revenue in the Management & Franchise (M&F) stood at 518 million, up 74% like-for-like versus FY 2020 (down (51)% like-for-like versus FY 2019), with regional performances correlated to health crisis developments in the countries considered. 11/23/2021 3 min. Cloudflare Ray ID: 7a2f1819ababf6ad A trouble-shooter who is constantly looking to solve problems and see problems as challenges. Mar 2021 - Apr 20221 year 2 months. You can email the site owner to let them know you were blocked. Responsible Business - InterContinental Hotels Group PLC Sustainability and diversity detailed in new AccorHotels report Full-Year 2020 Results Accor demonstrates resilience and adaptability Planet 21 allowed the Group to unite its teams and engage its guests and partners in a structured approach which is recognized by several ethical stock market indices. For further information, visit www.sustainablehospitalityalliance.org. The cost of net financial debt was up between FY 2020 and FY 2021, reflecting the downward revision to the Groups S&P credit rating in August 2020. Sustainability report | Loomis Performance & security by Cloudflare. Accor wraps lender calls on 500M of sustainability-linked bonds Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Performance & security by Cloudflare. As a leader in the hospitality sector . View File. . 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. 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. Quality Policy. Performance & security by Cloudflare. Read Letter from the CEO. SUSTAINABILITY AND CSR REPORT 2019. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . Savings made on water and energy are used to fund tree planting.One tree is planted every minute. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. 2018 Consolidated Non-Financial Information. Their report is currently being prepared. Sustainability Reports | CapitaLand Dec 2016 - Jan 20181 year 2 months. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Today, we want to scale up our ambitions by banking on innovation and accountability. Solid and sustainable rebound. Annual Reports and Responsible Business Reports 00:00. We measure and report on our Scope 1, Scope 2 . In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Although the effects of this unprecedented crisis linked to the Covid-19 pandemic have not yet fully disappeared, all of the Groups geographies now appear to be well on the way to enjoying more normative levels of business. Accor's unmatched position in lifestyle hospitality one of the fastest growing categories in the industry is led by Ennismore, a joint venture, which Accor holds a majority shareholding. 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. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. 2019: Strong results and a successful transformation | Accor - Newsroom Click to reveal Sbastien Bazin, the Groups Chairman & CEO, stated, The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide, are both valuable levers for our sustainable performance. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. This website is using a security service to protect itself from online attacks. A team leader who gets the best out of his staff. Investor feedback suggests a yield in a mid-to-high 2% . 12/28/2022. Green Hotel Dubai | Sustainable Practices | Four Seasons Resort "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. All. Accor AC - Euronext Paris. 2017 Report. Allianz Sustainability Report PDF Environmental Sustainability Highlights 2019/2020 - Hyatt About Reporting - olamgroup.com After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). Accor's Full-Year 2021 Results: Significant rebound in activity Consensus ESG Ratings info for Accor | Company Ratings Eco-designed materials used in the bedrooms. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . 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. Water conservation measures in place. As of end of December 2021, combined . Coupa Software Incorporated - AnnualReports.com Read more >. Hyderabad Area, India. It is one of four key enablers to deliver our Strategic Plan. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). 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. 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). Sustainable Food and Beverage. This result contributes to creating a great place to work. Press releases. View File. Letter from the CEO - Shell Sustainability Report 2019 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. 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). There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 217.61.142.251 Wilmar International Limited - Asia's Leading Agribusiness Group During the second half of 2021, the Group returned to a positive cash generation situation. 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. 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. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. 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. Full-Year 2022 Results. Universal Registration Document. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. Our Future is About Sustainable Growth. Accor - Shareholders & Investors - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. 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. The covenant was not tested on the two test dates of June 30 and December 31, 2021. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Melbourne, Victoria, Australia. The action you just performed triggered the security solution. 01/03/2023 02:25 (Paris) 7.74 2.31%. 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. Develops talent from within and a strong disciplinarian who leads by example. Sustainability; Home; . You can email the site owner to let them know you were blocked. Sustainability reporting | BHP Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. - 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. The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. 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. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. 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. Increase in the Loyalty Mix. In 2021, payment of fees was in line with business levels during the year as well as the collection of certain fees for which payment deadline extensions were granted to certain hotel owners. 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. As of December 31, 2021, the average cost of Accor's debt came to 2.2% with an average maturity of four years, with no major repayment dates before 2026. 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. Corporate Sustainability - Sustainability - Grupo ACS Click to reveal Our Future is About Sustainable Growth - Accor Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Sustainability Report | Central Plaza Hotel (CENTEL) It's our way of opening our doors and creating opportunities for all. 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. The Group controls this new entity through the ownership of a 66.67% stake. accor sustainability report 2020meadowglen lane apartments. Innovation is integral to Kering's sustainability policy. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. September 21st, 2021. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. 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. We are working to reduce the environmental impacts of our operations through our EnviroAction program. Press releases | Accor - Newsroom 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. 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.
Why Was Laurie Metcalf Uncredited In Runaway Bride, Pennymac Loan Services, Llc Springfield Oh, Falmouth Public Schools Salary Schedule, Baby Yoda Cakes Near Me, Articles A