The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The action you just performed triggered the security solution. Sustainability Reports | CapitaLand No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . Reporting - olamgroup.com Corporate Sustainability; . In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. It is one of four key enablers to deliver our Strategic Plan. The change in working capital requirement returned to close to breakeven. 01/03/2023 02:25 (Paris) 7.74 2.31%. At the end of 2021, 25% of leadership positions are filled by women. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. . Included in the . Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). Integrated Report 2020 - Atos KR Rakesh - Cluster Revenue Manager, RMCC Shanghai- Asia - LinkedIn 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). On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. Accor is a hotel management company founded in 1967 and based in Paris, France. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. Annual report | Signify Company Website The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. and its hotels to measure and improve its sustainability performance long-term with specific goals. Two key issues to tackle will be food and buildings. Read more >. 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 . 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. Environmental Policy. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 Accor - Shareholders & Investors They work with leading hospitality companies and strategic partners to address key challenges affecting our planet and its people, and develop practical resources and programmes to enable the wider industry to operate responsibly and grow sustainably. 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 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 Executive Summary has been crafted to provide its reader a quick overview of ITC's Sustainability journey in FY2022, serving as a concise yet comprehensive companion to the detailed Sustainability and . Dec 2016 - Jan 20181 year 2 months. MGM Resorts International's 2020 Social Impact and Sustainability Performance & security by Cloudflare. 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 action you just performed triggered the security solution. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. Mercure Dubai Barsha Heights - Sustainability The . incentive fees based on the hotel operating margin. 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). The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. 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. This website is using a security service to protect itself from online attacks. 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. 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. 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. Key Achievements-. 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. Included in the Integrated Report (Section 5 - p. 88) download. This website is using a security service to protect itself from online attacks. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. The Group controls this new entity through the ownership of a 66.67% stake. Environment & CSR - Accor The expiry of loyalty points at the end of the year eased the impact of the decline in revenue for this area of business compared to the Management & Franchise (M&F) activity. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. 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. It's our way of opening our doors and creating opportunities for all. The action you just performed triggered the security solution. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. United Arab Emirates. 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. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. 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. Sustainability and ESG - Accsys Technologies Follow us on . Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. 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 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. Hilton - TRAVEL WITH PURPOSE Performance & security by Cloudflare. Accor : 2021 Integrated report | MarketScreener 2019: Strong results and a successful transformation | Accor - Newsroom 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. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. 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. 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. . 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. 00:00. Paccor Publishes First Annual Sustainability Report View File. Performance & security by Cloudflare. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. 531 kb. 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. PDF 2.23MB Amcor 2019 GRI Report. PDF 10.87MB; ESG Databook. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. 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. PDF Wilmar International Limited - Asia's Leading Agribusiness Group Organic waste diversion program in place. Our Future is About Sustainable Growth. We are working to reduce the environmental impacts of our operations through our EnviroAction program. In 2019, this bond had been partially redeemed for the amount of 350 million. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . 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. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. The program for 2020 was drawn up in consultation with the teams. 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. 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. Sustainability is integral to how we contribute to social value creation. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. AccorHotels is a Group united by a shared passion for hospitality and driven by a shared promise to make everyone Feel Welcome.Over 190,000 women and men in 3,900 AccorHotels establishments look after thousands of guests every day in 92 countries.AccorHotels is the worlds leading hotel operator and offers its customers, partners and employees:- its dual expertise as a hotel operator and franchisor (HotelServices) and a hotel owner and investor (HotelInvest);- a large portfolio of internationally renowned brands covering the full spectrum, with luxury (Sofitel, Pullman, MGallery by Sofitel, Grand Mercure, The Sebel), midscale (Novotel, Suite Novotel, Mercure, Mama Shelter, Adagio) and economy (ibis, ibis Styles, ibis budget, adagio access and hotelF1) establishments;- a powerful marketplace and loyalty program: Le Club AccorHotels;- almost half a century of commitment to corporate citizenship and solidarity with the PLANET 21 program.Accor SA shares are listed on the Euronext Paris exchange (ISIN code: FR0000120404) and traded in the USA on the OTC marketplace (Code: ACRFY). accor sustainability report 2020 2011-2020 Huawei Consumer Business . 2021 Sustainability Report. Shell Sustainability Report 2020 - Home All regions are now generating positive EBITDA. Following the announcement of its intention to sponsor the Special Purpose Acquisition Company (SPAC) on May 20, 2021, Accor successfully took part in a private placement and the Euronext Paris initial offering of Accor Acquisition Company (AAC). Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Water conservation measures in place. This website is using a security service to protect itself from online attacks. It was a tough year for everyone. At Accor, we ask our customers to reuse their towels. It was a tough year for Shell, but also a year when we set a clear path for our future. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. Letter from the CEO. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. 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. Click to reveal 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. - Lacey Pfalz, Associate Writer, TravelPulse. 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. Carbon Neutral Certificate by Farnek. *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. Sustainability and diversity detailed in new AccorHotels report Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. Environmental Sustainability Highlights 2019/2020 - Hyatt About Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 2022 Full-year results. 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. Increase in the Loyalty Mix. Water-efficient landscaping. 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 Accor has been a committed group for many years, and has constantly worked to redefine boundaries. 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. It describes the Company's sustainability platform, material focus areas, goals and results. This website is using a security service to protect itself from online attacks. 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. Click to reveal Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Responsible Business Report 2022. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. 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. Cloudflare Ray ID: 7a2f18038eaaef6f Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). Revenue Manager. 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. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. 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. 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. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. Sustainability Report | Central Plaza Hotel (CENTEL) There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Planet 21 [2016-2020] is structured into four areas of action enlisting its employees, customers, partners and local communities, and two priorities, namely food & beverage and buildings. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. 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. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. 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. Performance & security by Cloudflare. Annual Reports and Responsible Business Reports hide. 2018 Consolidated Non-Financial Information. It is core to our strategy and sits at the heart of everything we do. Green Hotel Dubai | Sustainable Practices | Four Seasons Resort It has affected so many people around the world. The Report can be accessed here. Many have lost their lives. Sustainability | Melco Resorts & Entertainment After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Ethics and Corporate Social Responsibility Charter. For 2022, the Group expects a net unit growth of 3.5%. 12/28/2022. Consensus ESG Ratings info for Accor | Company Ratings CAC 40 - INDEXEURO. 164.46.106.217 Sustainable Food and Beverage. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. 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. The new system aims higher and is more accommodating as regards local specifics and operational realities. After five years, the results of the first phase of the plan are very encouraging. reduction in plastic packaging. You can email the site owner to let them know you were blocked. Expedia Group 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. 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. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. Environment & CSR. Universal Registration Document. 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. Letter from the CEO. 2021 ESG REPORT. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. 2021 Integrated report. 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. As of end of December 2021, combined . Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. 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. room and apartment distribution activities and managed properties). Melco recognized by global environmental disclosure system CDP as one of China's . 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. The Board's Responsible Business Committee reviews IHG's responsible business objectives and strategy, including the impact on environmental, social, community and human rights issues; IHG's strategic approach to sustainable development and responsible procurement; and how IHG engages with stakeholders. 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). 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.