Accor joins global sustainability network, the Sustainable Hospitality In the Americas, the improvement in RevPAR was also noteworthy (+18 percentage points between the third and fourth quarters) which translated into a FY 2021 RevPAR down (46)% compared with FY 2019. Cloudflare Ray ID: 7a2f1819ababf6ad 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. 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 . Carbon Neutral Certificate by Farnek. Hilton - TRAVEL WITH PURPOSE . Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. Shell Sustainability Report 2020 - Home At Shell, we are doing everything we can to help in the global response to the virus. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. Your IP: During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. As a leader in the hospitality sector . Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). 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. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. Our Future is About Sustainable Growth - Accor Your IP: Ben van Beurden, CEO. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Click to reveal Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. For 2022, the Group expects a net unit growth of 3.5%. This plan was the Groups way of encouraging the hospitality business to do The cost of net financial debt was up between FY 2020 and FY 2021, reflecting the downward revision to the Groups S&P credit rating in August 2020. InterContinental Hotels Group Corporate Responsibility | IHG 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. At Accor, we ask our customers to reuse their towels. Accor - The commitment to the planet 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. 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. 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. See stock description. Your IP: 00:00. Responsible Business Report. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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). - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. The Group has one of the industrys most diverse and fully-integrated hospitality ecosystems encompassing luxury and premium brands, midscale and economy offerings, unique Lifestyle concepts, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. Live stock. Korian Share. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. 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. 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. 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. Letter from the CEO. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. 2021 ESG REPORT. Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. 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. Planet 21 allowed the Group to unite its teams and engage its guests and partners in a structured approach which is recognized by several ethical stock market indices. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). You can email the site owner to let them know you were blocked. Click to reveal In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. Follow us on . Sustainability | Melco Resorts & Entertainment 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. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. Cloudflare Ray ID: 7a2f181ebecd86c6 75.119.192.80 Included in the Integrated Report (Section 5 - p. 88) download. Investor feedback suggests a yield in a mid-to-high 2% . Sustainability. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. At the end of 2021, 25% of leadership positions are filled by women. Reports and Policies - Huawei Consensus ESG Ratings info for Accor | Company Ratings It's our way of opening our doors and creating opportunities for all. Marriott International Reports on Environmental, Social, and Governance There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. reduction in plastic packaging. SUSTAINABILITY AND CSR REPORT 2019. It was a tough year for everyone. The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. Responsible Business - InterContinental Hotels Group PLC The change in working capital requirement returned to close to breakeven. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. room and apartment distribution activities and managed properties). 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. Your IP: 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. 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 . Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 531 kb. Environmental, Social, and Governance (ESG) - Coupa As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. The action you just performed triggered the security solution. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. 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. Dec 2016 - Jan 20181 year 2 months. 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. 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. 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. Click on the brand of your choice if you want to filter the benefits. Click to reveal Huawei engaged SGS, an external assurance provider, to verify the reliability, fairness, and transparency of this report and to issue an independent assurance statement. Sustainability special report | Kering 11/23/2021 3 min. Cloudflare Ray ID: 7a2f181b2b5e1623 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). Our teams are devoted to fighting against this evil and encourage their customers to do the same. PDF 10.87MB; ESG Databook. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. 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). In the India, Middle East, Africa & Turkey (IMEAT) region, the recovery in business between the third and fourth quarters was impressive (+28 percentage points with RevPAR exceeding FY 2019 levels in the last quarter). THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. 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.