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. Environment & CSR. made possible thanks to the work of our devoted teams Accor over the world. 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. 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). Here you can filter our content according to your activity and your interests. Our Future is About Sustainable Growth. 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. Recycling program in place. Building on the strength of our teams and of our holistic ecosystem of leading brands, personalized services & expert solutions, we break new ground to reimagine hospitality and inspire new ways to experience the world. Coupa Software Incorporated - AnnualReports.com You can email the site owner to let them know you were blocked. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. 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. Click to reveal - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. Press releases | Accor - Newsroom accor sustainability report 2020meadowglen lane apartments. Operational waste. Ethics and Corporate Social Responsibility Charter. Accor wraps lender calls on 500M of sustainability-linked bonds Our Future is About Sustainable Growth - Accor 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. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. Increase in the Loyalty Mix. CAC 40 - INDEXEURO. of suppliers regard H&M Group as a fair business partner. Accor took one bold commitment in 2019/20: eliminate ALL guest-related single-use plastic items in its hotels by end 2022 across 110 countries . Each solution measures operational impact, costs and environmental performance . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. hide. Quality Policy. and its hotels to measure and improve its sustainability performance long-term with specific goals. 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. At Accor, we ask our customers to reuse their towels. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. Third-quarter 2021 revenue of 589 million up 79% like-for-like | Accor The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. Jon Warmington - General Manager - Accor | LinkedIn accor sustainability report 2020 You can email the site owner to let them know you were blocked. the share of recycled materials used in our garments from 5.8% to 17.9%. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. Sustainability special report | Kering Today, we want to scale up our ambitions by banking on innovation and accountability. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. RevPAR was down (49)% in FY 2021 compared with FY 2019. The action you just performed triggered the security solution. It is one of four key enablers to deliver our Strategic Plan. The action you just performed triggered the security solution. Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . Sustainability reporting | BHP It was a tough year for Shell, but also a year when we set a clear path for our future. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its Charlotte ThouvardSenior Vice President Group External CommunicationsAccor, 1995-2023 Hospitality Net All rights reserved Hospitality Net is powered by Hsyndicate, Accor's Third-quarter 2021 revenue of 589 million up 79% like-for-like, Accor CEO: Business is back, teams are back, desire is back.. Our Future is About Sustainable Growth. KR Rakesh - Cluster Revenue Manager, RMCC Shanghai- Asia - LinkedIn Planet 21 Season 1 [2011-2015]: a solid track record. 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. 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. Included in the Integrated Report (Section 5 - p. 88) download. 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. In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. 11/23/2021 3 min. Energy-saving guest room controls and building systems. Your IP: Water-efficient landscaping. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. . 193.32.208.109 67.211.219.14 It follows the GRI methodology and use selected Standards with a GRI . Sustainability report | Loomis Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. 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. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. ESG challenges - i.e., Environmental, Social and Governance (ESG . 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. Sustainability Report | Central Plaza Hotel (CENTEL) Carbon Neutral Certificate by Farnek. Your IP: PDF Wilmar International Limited - Asia's Leading Agribusiness Group 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. CAC 40. Performance & security by Cloudflare. It describes the Company's sustainability platform, material focus areas, goals and results. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. The change in working capital requirement returned to close to breakeven. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. Your IP: 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. Accor's Full-Year 2021 Results: Significant rebound in activity There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. MGM Resorts International's 2020 Social Impact and Sustainability As of end of December 2021, combined . PDF document. Live stock. 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 . 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.