We measure and report on our Scope 1, Scope 2 . It is core to our strategy and sits at the heart of everything we do. 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. revlon flex conditioner review; is frankenstein 1931 movie public domain; accor sustainability report 2020 2021 Integrated report. HotelServices EBITDA was positive at 93 million for 2021. Sbastien Bazin, Chairman and Chief Executive Officer of Accor, said:Despite a disrupted start of the year due to overall health restrictions, 2021 showed significant improvement in our business, as of the spring, with trends picking-up month after month right up to December. 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. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. 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 . Here you can filter our content according to your activity and your interests. Your IP: For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. Click on the brand of your choice if you want to filter the benefits. 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. 75.119.192.80 PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. 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. At Shell, we are doing everything we can to help in the global response to the virus. This result contributes to creating a great place to work. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. Energy-saving guest room controls and building systems. CAC 40 - INDEXEURO. Revenue Manager. The Group controls this new entity through the ownership of a 66.67% stake. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. made possible thanks to the work of our devoted teams Accor over the world. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. - 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 Report can be accessed here. As a leader in the hospitality sector . Korian Share. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. 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. The latter reflected high fixed costs coupled with a sharp decline in RevPAR for the Sales, Marketing, Distribution and Loyalty (SMDL) businesses. Planet 21 Season 1 [2011-2015]: a solid track record. Plant wall, fight against food waste, etc. As of end of December 2021, combined with the two undrawn credit facilities of 1.8 billion, Accor had a liquidity position of 3.4 billion. 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. The action you just performed triggered the security solution. Key performance indicators. accor sustainability report 2020meadowglen lane apartments. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. 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. 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. 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. 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)%. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. View File. The fruit and vegetables from this garden are served in the restaurant. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . 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. Melbourne, Victoria, Australia. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. 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. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. Accor. 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. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. The Group has one of the industrys most diverse and fully-integrated hospitality ecosystems encompassing luxury and premium brands, midscale and economy offerings, unique Lifestyle concepts, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. PDF 2.23MB Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. The Group achieved solid results regarding the actions taken over the 2011-2015 period. 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. +7 percentage points between the third and fourth quarters). Changes in the scope of consolidation (acquisitions and disposals) contributed a positive The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . Key Achievements-. Click to reveal Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. 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. Tel: 00 971 4 381 8888. 164.46.106.217 For 2022, the Group expects a net unit growth of 3.5%. In general, the sharper decline in M&F revenue compared to RevPAR (down (46)% over FY 2021 versus FY 2019) can be attributed to the strong decrease in incentive fees based on the hotel operating margin generated from management contracts. Letter from the CEO. Our 21st Sustainability Report covers the period 01 January 2021 . Share your thoughts with Twitter #ActingHere, More information on the digital press kit. . For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. 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. 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. This website is using a security service to protect itself from online attacks. 2022 Full-year results. RevPAR was down (49)% in FY 2021 compared with FY 2019. 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. The new system aims higher and is more accommodating as regards local specifics and operational realities. 00:00. 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. Accor AC - Euronext Paris. Read Letter from the CEO. Waste Reduction. See stock description. 62.141.45.132 Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. Many have lost their lives. 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. SUSTAINABILITY AND CSR REPORT 2019. Double our percentage of women in leadership to 34%. In 2019, this bond had been partially redeemed for the amount of 350 million. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. PDF document. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts 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.