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. . Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. Click to reveal Click to reveal You can email the site owner to let them know you were blocked. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. Press releases. Cloudflare Ray ID: 7a2f1863d83a23d4 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. Korian Share. Environmental Sustainability Highlights 2019/2020 - Hyatt About 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 . Eco-designed materials used in the bedrooms. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. Included in the Integrated Report (Section 6 - p. 120) Download. Investor feedback suggests a yield in a mid-to-high 2% . 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). Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. This website is using a security service to protect itself from online attacks. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. 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. 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 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. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. This performance was linked to the recovery in business which reflected better absorption of fixed costs. 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. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. Performance & security by Cloudflare. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. 40% of our Resort's hot water is heated by solar power. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. 193.32.208.109 During the second half of 2021, the Group returned to a positive cash generation situation. Corporate Sustainability; . During the first quarter of 2021, two capital increases were completed for the amounts of 150 million (of which 45 million for Accor) and of 327 million (of which 109 million for Accor). room and apartment distribution activities and managed properties). Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Performance & security by Cloudflare. 47 million, largely due to the full consolidation of sbe since Q4 2020. CAC 40. PDF document. Read Letter from the CEO. Amcor 2020 Sustainability Report. Our Future is About Sustainable Growth. This result contributes to creating a great place to work. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 2017 Report. 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. Your IP: 12/28/2022. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. 67.211.219.14 This website is using a security service to protect itself from online attacks. 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. 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. 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. 12/16/2021 1 min. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. At Accor, we ask our customers to reuse their towels. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. . 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. 00:00. Your IP: For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. 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. 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. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. 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). Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. 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. 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. You can email the site owner to let them know you were blocked. hide. It reinforces some of the Groups fundamental commitments, such as curbing its environmental footprint, and identifies new objectives which dovetail with both the changes to the business model and its strategic priorities, such as Food & Beverage and the sustainable management of its property portfolio through HotelInvest. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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). Performance & security by Cloudflare. The Report can be accessed here. Plant wall, fight against food waste, etc. 217.61.142.251 Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 2020. As of end of December 2021, combined . Increase in the Loyalty Mix. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. 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. 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. Sustainable Food and Beverage. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. Sustainability Disclosure 2021. Water conservation measures in place. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. It is core to our strategy and sits at the heart of everything we do. The Group controls this new entity through the ownership of a 66.67% stake. You can email the site owner to let them know you were blocked. 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. 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 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. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. 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. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! Melbourne, Victoria, Australia. 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 . This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . Key considerations and . *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. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . the share of recycled materials used in our garments from 5.8% to 17.9%. 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. 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. 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. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Our 21st Sustainability Report covers the period 01 January 2021 . 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. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. View File. At the end of 2021, the Group notably successfully renegotiated the covenant linked to the 1,200 million credit facility which now includes a liquidity covenant out to December 2023 before returning to the initial net debt ratio covenant.
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