accor sustainability report 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. Hilton - TRAVEL WITH PURPOSE We also endeavour to incorporate stakeholder focus areas. Press releases. Included in the . Coupa Software Incorporated - AnnualReports.com Sustainability and innovation. hide. Live stock. Accor - The commitment to the planet This focus on sustainability is directly aligned with our promise of Together, improving life, and our long-established values, culture and commitment to Associates, customers and communities. 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. Integrated Report 2020 - Atos 75.119.192.80 To provide the hotels with effective support as they deploy this new plan, Charter 21, the in-house sustainable development management system for hoteliers, has evolved and been renamed Planet 21 in Action. - Lacey Pfalz, Associate Writer, TravelPulse. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Expedia Group 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. Their report is currently being prepared. 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). Reporting - olamgroup.com 47 million, largely due to the full consolidation of sbe since Q4 2020. Accor is concentrating its efforts on ensuring the return to profitability initiated in 2021, capitalizing on the activity rebound and the positive recurring impact from its RESET cost savings plan. 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. . For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . 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 can be accessed here. These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. It describes the Company's sustainability platform, material focus areas, goals and results. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. Click on the brand of your choice if you want to filter the benefits. Sustainability | Melco Resorts & Entertainment Sustainability Reports | Amcor Letter from the CEO. AccorHotels, the world's leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. The covenant was not tested on the two test dates of June 30 and December 31, 2021. Melco recognized by global environmental disclosure system CDP as one of China's . CDL Integrated Sustainability Report 2021 spotlights an adaptable and Quality Policy. PDF document. Cloudflare Ray ID: 7a2f181b2b5e1623 Cloudflare Ray ID: 7a2f1819ababf6ad Environment & CSR. Luxury & Lifestyle. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. 531 kb. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. 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 has one of the industry's most diverse and fully-integrated hospitality ecosystems encompassing more than 40 luxury, premium, midscale and economy hotel brands, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. SUSTAINABILITY AND CSR REPORT 2019. The action you just performed triggered the security solution. 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. 164.46.106.217 Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Sustainability is integral to how we contribute to social value creation. Melbourne, Victoria, Australia. Accor is a hotel management company founded in 1967 and based in Paris, France. 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. Novotel Hyderabad Airport. Click to reveal United Arab Emirates. Sustainability report | Loomis The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts 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. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. 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. Here you can filter our content according to your activity and your interests. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Ben van Beurden, CEO. A team leader who gets the best out of his staff. Allianz Sustainability Report 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. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. At the end of 2021, 25% of leadership positions are filled by women. In 2019, this bond had been partially redeemed for the amount of 350 million. Environment & CSR - Accor During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. 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. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its In its restaurants, Accor is committed to: The biggest eco-friendly kitchen garden in Paris! Sustainability & Environmental Responsibility | Social - Gore Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. 2021 Consolidated Non-Financial Information. You can email the site owner to let them know you were blocked. 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. 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. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. 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. Performance & security by Cloudflare. 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. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . Cloudflare Ray ID: 7a2f181ebecd86c6

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