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In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. 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. Key performance indicators. 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 . After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Performance & security by Cloudflare. It details our vision, strategy, business model, governance and achievements through what was, by all accounts, an unprecedented year. Sustainability; Home; . 2021 Sustainability Report. 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 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. 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. 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. 217.61.142.251 This website is using a security service to protect itself from online attacks. Three points should be noted: During FY 2021, Group recurring free cash flow improved significantly, from (727) million in FY 2020 to (246) million in FY 2021. Here you can filter our content according to your activity and your interests. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. PDF document. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. HotelServices EBITDA was positive at 93 million for 2021. This website is using a security service to protect itself from online attacks. For further information, visit www.sustainablehospitalityalliance.org. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Over 68 million members benefit from the companys comprehensive loyalty program ALL - Accor Live Limitless - a daily Lifestyle companion that provides access to a wide variety of rewards, services and experiences. RevPAR was down (49)% in FY 2021 compared with FY 2019. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. Innovation is integral to Kering's sustainability policy. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. Novotel Hyderabad Airport. 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 . 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. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive This decline reflects an environment disrupted by the resurgence of the Covid-19 pandemic, despite a marked improvement in global business levels from April 2021. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Our teams are devoted to fighting against this evil and encourage their customers to do the same. We measure and report on our Scope 1, Scope 2 . Accor's sustainability approach includes initiatives at your hotel to . the share of recycled materials used in our garments from 5.8% to 17.9%. 40% of our Resort's hot water is heated by solar power. Accor SA is publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACRFY) in the United States. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . Quality Policy. Increase in the Loyalty Mix. Services to Owners revenue, which includes the Sales, Marketing, Distribution and Loyalty division, as well as shared services and the reimbursement of hotel staff costs, came to 1,064 million for FY 2021, down (43)% compared with FY 2019. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . The Sustainable Hospitality Alliance brings together engaged hospitality companies and uses the collective power of the industry to deliver impact locally and on a global scale. 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. +7 percentage points between the third and fourth quarters). Sustainability. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. Today, we want to scale up our ambitions by banking on innovation and accountability. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. Click to reveal For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. 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. Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. See stock description. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. - 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. 2011-2020 Huawei Consumer Business . Plant wall, fight against food waste, etc. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 164.46.106.217 Your IP: At the end of 2021, 25% of leadership positions are filled by women. Our vision is to drive the change towards positive, more responsible and inventive hospitality, wherever we are., Planet 21|2016-2020: same direction, higher aims. The consolidated financial statements and notes related to this press release are available on the www.accor.com website. Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. The program for 2020 was drawn up in consultation with the teams. The report covers the period 1 January to 31 December. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Develops talent from within and a strong disciplinarian who leads by example. We are working to reduce the environmental impacts of our operations through our EnviroAction program. Your IP: A team leader who gets the best out of his staff. Two key issues to tackle will be food and buildings. SUSTAINABILITY AND CSR REPORT 2018. Energy-saving guest room controls and building systems. It has affected so many people around the world. Our 21st Sustainability Report covers the period 01 January 2021 . 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, It is one of four key enablers to deliver our Strategic Plan. Read full report. room and apartment distribution activities and managed properties). Key Achievements-. accor sustainability report 2020meadowglen lane apartments. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. 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. CAC 40 - INDEXEURO. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. Hyderabad Area, India. Water conservation measures in place. Ben van Beurden, CEO. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. You can email the site owner to let them know you were blocked. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . 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. Environmental Sustainability Highlights 2019/2020 - Hyatt About The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. 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. Performance & security by Cloudflare. 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. The fruit and vegetables from this garden are served in the restaurant. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . Our long-term goal is to send zero waste to landfills or incineration without energy recovery - what we define as "waste-to . The . Our Future is About Sustainable Growth. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. Accor. Waste Reduction. It was a tough year for everyone. The Group achieved solid results regarding the actions taken over the 2011-2015 period. 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.