Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. the share of recycled materials used in our garments from 5.8% to 17.9%. PDF document. The issues we are tackling are systemic, requiring supply chain and business transformation. 62.141.45.132 The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. Through its global sustainability commitments (such as achieving Net Zero Carbon emissions by 2050, global elimination of single use plastics in its hotels' guest experience, etc. 2020. - Lacey Pfalz, Associate Writer, TravelPulse. In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. Click to reveal Sustainable Food and Beverage. Here you can filter our content according to your activity and your interests. Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). 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). To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 Read full report. The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. 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. 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. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. 2021 Integrated report. - 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. 11/23/2021 3 min. 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. Performance & security by Cloudflare. This increase reflected the sharp recovery in business during the second half of the year. 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 . This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. View File. Wilmar International Limited - Asia's Leading Agribusiness Group PDF document. Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. Our Future is About Sustainable Growth. hide. 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. Recurring expenditure, which includes key money paid by HotelServices for its development and digital and IT investments, was kept in check, ending the year below the initially indicated range of 150-200 million. See stock description. Tel: 00 971 4 381 8888. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Our 21st Sustainability Report covers the period 01 January 2021 . 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. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. 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 is more flexible and is based on a participative approach allowing each hotel to set its own objectives and map out its own action plan. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. 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. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. 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. 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. Cloudflare Ray ID: 7a2f1819ababf6ad Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Amcor 2019 GRI Report. Investor feedback suggests a yield in a mid-to-high 2% . 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). As part of a policy of progress and transparency, the Group asked its customers for their views on these issues, updated its environmental footprint and assessed its socio-economic footprint for the first time to assess the challenges it faces and construct its new 5-year program. 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. 01/03/2023 02:25 (Paris) 7.74 2.31%. Anne-France MalrieuImage 7Phone: +33 1 53 70 74 66afmalrieu@image7.fr, Carina Alfonso MartinDirectrice des Relations Media mondePhone: +33 1 45 38 84 84carina.alfonsomartin@accor.com, Delphine DumonceauRelations pressePhone: +33 1 45 38 84 95delphine.dumonceau@accor.com, Marie-Camille AubagnacRelations pressePhone: +33 1 45 38 19 16marie-camille.aubagnac@accor.com, Sbastien ValentinSVP Financial Communications and Investor RelationsPhone: 33 (0)1 45 38 86 25sebastien.valentin@accor.com, Marie NielInvestor RelationsPhone: +33 (0)1 45 38 86 94marie.niel@accor.com. You can email the site owner to let them know you were blocked. 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. We share our vision of digital transformation with purpose, our strategy and our . reduction in plastic packaging. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. Waste Reduction. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. 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. We also endeavour to incorporate stakeholder focus areas. Your IP: Your IP: 47 million, largely due to the full consolidation of sbe since Q4 2020. The action you just performed triggered the security solution. 2022 Full-year results. . In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Included in the Integrated Report (Section 5 - p. 88) download. 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. 2011-2020 Huawei Consumer Business . Click to reveal Letter from the CEO. Cloudflare Ray ID: 7a2f1863d83a23d4 Revenue in the Management & Franchise (M&F) stood at 518 million, up 74% like-for-like versus FY 2020 (down (51)% like-for-like versus FY 2019), with regional performances correlated to health crisis developments in the countries considered. Performance & security by Cloudflare. 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. 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. During the first quarter of 2021, two capital increases were completed for the amounts of 150 million (of which 45 million for Accor) and of 327 million (of which 109 million for Accor). The new system aims higher and is more accommodating as regards local specifics and operational realities. Your IP: 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. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. Dec 2016 - Jan 20181 year 2 months. Cloudflare Ray ID: 7a2f1821ef190cc1 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.
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