Click to reveal 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. Annual report | Signify Company Website Corporate reporting and sustainability policy statement The covenant was not tested on the two test dates of June 30 and December 31, 2021. Your IP: At the end of 2021, 25% of leadership positions are filled by women. incentive fees based on the hotel operating margin. ITC's Sustainability Reports 62.141.45.132 40% of our Resort's hot water is heated by solar power. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. At Accor, we ask our customers to reuse their towels. Your IP: Sustainability report | Loomis The fruit and vegetables from this garden are served in the restaurant. Sustainability and ESG - Accsys Technologies . All regions are now generating positive EBITDA. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. The action you just performed triggered the security solution. . 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. Performance & security by Cloudflare. Accor - Commitment The Group achieved solid results regarding the actions taken over the 2011-2015 period. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. In 2019, this bond had been partially redeemed for the amount of 350 million. We are working to reduce the environmental impacts of our operations through our EnviroAction program. . September 21st, 2021. For 2022, the Group expects a net unit growth of 3.5%. The action you just performed triggered the security solution. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. 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. We share our vision of digital transformation with purpose, our strategy and our . 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. Ethics and Corporate Social Responsibility Charter. Responsible Business Report. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts 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). "This year's report documents important milestones marking 10 years on our sustainability journey, in which we've achieved scale in our signature ingredient sourcing programs Cocoa Life and Harmony Wheat. Accor's sustainability approach includes initiatives at your hotel to . As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. Your IP: 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. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. 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. Marriott International Reports on Environmental, Social, and Governance 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. 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. Investor feedback suggests a yield in a mid-to-high 2% . Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. - 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. Develops talent from within and a strong disciplinarian who leads by example. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Sustainability & Environmental Responsibility | Social - Gore Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Sustainability special report | Kering Sustainability Reports | Amcor ESG Reporting & Disclosure | Mondelz International, Inc. The report covers the period 1 January to 31 December. MGM Resorts International's 2020 Social Impact and Sustainability A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. A sustainable commitment to improve your hotel's performance. You can email the site owner to let them know you were blocked. Live stock. 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. Korian Share. 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. 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. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. At year-end 2020, the Group had a hotel portfolio of 753,344 rooms (5,139 hotels) and a pipeline of 212,000 rooms (1,209 hotels), of which 73% in emerging markets. CDL Integrated Sustainability Report 2021 spotlights an adaptable and Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. This SPAC successfully raised 300 million with a view to acquire one or more companies in sectors related to the core hotel business operated by Accor, 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). Environmental Policy. Reports and Policies - Huawei InterContinental Hotels Group Corporate Responsibility | IHG Operational waste. The proceeds of this issue were partly used to refinance existing debt of 448 million with maturities in 2023 and 2024, through a Liability Management operation coupled to this bond issue. It has affected so many people around the world. Sustainability; Home; . Full-Year 2022 Results. The Report can be accessed here. 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. It follows the GRI methodology and use selected Standards with a GRI . Our Future is About Sustainable Growth. We report against our sustainability goals in our Annual Reports and use the Global Reporting Initiative as a guidance framework. We also endeavour to incorporate stakeholder focus areas. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. . Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. ESG | Korian Energy-saving guest room controls and building systems. As of December 31, 2021, the average cost of Accor's debt came to 2.2% with an average maturity of four years, with no major repayment dates before 2026. As of end of December 2021, combined . Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Performance & security by Cloudflare. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. . View File. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. 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 Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. 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. hide. 193.32.208.109 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. Accor wraps lender calls on 500M of sustainability-linked bonds It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. Hilton - TRAVEL WITH PURPOSE 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). Their members make up 25% of the global hotel industry by rooms and include 14 world-leading hotel companies including Marriott International, Hilton, IHG, Hyatt and Radisson Hotels Group as well as regional brands. 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. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Sustainability Reporting - H&M Group You can email the site owner to let them know you were blocked. 12/16/2021 1 min. 2021 Integrated report. Cloudflare Ray ID: 7a2f18038eaaef6f On October 1, 2021, following the all-share merger, Accor became the majority shareholder in the new entity created with Ennismore, positioned in the Lifestyle hotel segment. 2021 ESG REPORT. . Accor. United Arab Emirates. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. 67.211.219.14 Premium, Midscale, Economy. Sustainability is integral to how we contribute to social value creation. . For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. 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). Responsible Business Report 2022. Innovation is integral to Kering's sustainability policy. Accor joins global sustainability network, the Sustainable Hospitality Environmental, Social, and Governance (ESG) - Coupa The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . Press releases | Accor - Newsroom Read Letter from the CEO. Green Hotel Dubai | Sustainable Practices | Four Seasons Resort Accor is a hotel management company founded in 1967 and based in Paris, France. Sustainability. For further information, visit www.sustainablehospitalityalliance.org. It's our way of opening our doors and creating opportunities for all. Working together for a better future. The action you just performed triggered the security solution. SUSTAINABILITY AND CSR REPORT 2019. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. Letter from the CEO. Two key issues to tackle will be food and buildings. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. AccorHotels takes its corporate responsibility to the next level with Responsible Business - InterContinental Hotels Group PLC 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)%. Accor : 2021 Integrated report | MarketScreener Here you can filter our content according to your activity and your interests. 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. 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. 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. During the second half of 2021, the Group returned to a positive cash generation situation. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. Melco recognized by global environmental disclosure system CDP as one of China's . - Lacey Pfalz, Associate Writer, TravelPulse. Read full report. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. 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. 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. Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. Each solution measures operational impact, costs and environmental performance . ), 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. Amcor 2019 GRI Report. Mercure Dubai Barsha Heights - Sustainability There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. It was a tough year for Shell, but also a year when we set a clear path for our future. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Sustainability Disclosure 2021. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. On November 12th, the UN Climate Change Summit (COP26) in Glasgow ended with a clear consensus that the world needs to do much more to limit global warming to 1.5C by 2050 and avert a climate crisis. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . Included in the Integrated Report (Section 5 - p. 88) download. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive RevPAR was down (49)% in FY 2021 compared with FY 2019. KR Rakesh - Cluster Revenue Manager, RMCC Shanghai- Asia - LinkedIn 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.
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