This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. Letter from the CEO. Accsys offers the world a choice to build more sustainably, and we are committed to improving the positive impact we can make in the world, and in Environmental, Social and Governance (ESG) areas. 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. 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. Ethics and Corporate Social Responsibility Charter. See stock description. Senior Vice President Group External Communications. Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). Click to reveal 6/24/2020. Performance & security by Cloudflare. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . Environmental Policy. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Read full report. Reported revenue for the period reflects the following factors: Consolidated RevPAR was down 62.0% overall for the full-year, and down 64.5% for the second semester. 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 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. 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. During the second half of 2021, the Group returned to a positive cash generation situation. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. and its hotels to measure and improve its sustainability performance long-term with specific goals. Sustainability is integral to how we contribute to social value creation. Download Snacking Made Right ESG Report. All. The Report can be accessed here. The fruit and vegetables from this garden are served in the restaurant. Following the announcement of its intention to sponsor the Special Purpose Acquisition Company (SPAC) on May 20, 2021, Accor successfully took part in a private placement and the Euronext Paris initial offering of Accor Acquisition Company (AAC). The action you just performed triggered the security solution. With the remit of stepping up development of the two brands by rolling out exceptional offerings and cultural excellence with its teams, Accor appointed Stephen Alden to its Executive Committee and is CEO of the Raffles and Orient Express brands. Ben van Beurden, CEO. 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. 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. You can email the site owner to let them know you were blocked. Hyderabad Area, India. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Cloudflare Ray ID: 7a2f181b2b5e1623 Universal Registration Document. Key Achievements-. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its 2020. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . Indeed, Accor placed an inaugural bond issue indexed to the Groups sustainable development goals (Sustainability-Linked Bond or SLB). Plant wall, fight against food waste, etc. 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. In 2021, payment of fees was in line with business levels during the year as well as the collection of certain fees for which payment deadline extensions were granted to certain hotel owners. The Board's Responsible Business Committee reviews IHG's responsible business objectives and strategy, including the impact on environmental, social, community and human rights issues; IHG's strategic approach to sustainable development and responsible procurement; and how IHG engages with stakeholders. Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai [email protected]. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. The action you just performed triggered the security solution. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Key considerations and . 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. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Full-Year 2022 Results. 2017 Report. Sustainability. Guest Service Agent - Club Sofitel Lounge. 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. Wilmar International Limited - Asia's Leading Agribusiness Group 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. Sbastien Bazin, the Groups Chairman & CEO, stated, The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide, are both valuable levers for our sustainable performance. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. 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. 2022 Full-year results. Responsible Business Report 2022. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . We are working to reduce the environmental impacts of our operations through our EnviroAction program. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts Live stock. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. 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. HotelServices EBITDA was positive at 93 million for 2021. 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. 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. It's our way of opening our doors and creating opportunities for all. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. 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. EBITDA sensitivity per point of RevPAR amounted to (16.4) million for each one-point decline in RevPAR compared with 2019 versus (18.7) million in FY 2020. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. As of end of December 2021, combined with the two undrawn credit facilities of 1.8 billion, Accor had a liquidity position of 3.4 billion. 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. You can email the site owner to let them know you were blocked. - Lacey Pfalz, Associate Writer, TravelPulse. Initiatives to cut fixed costs were partially offset by weaker government subsidies than a year earlier, but nevertheless also continued to have a positive impact. 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. 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). 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 . The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. SUSTAINABILITY AND CSR REPORT 2019. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Tel: 00 971 4 381 8888. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. Click to reveal The Group strives to act for "positive hospitality" and has set ambitious objectives, structured around four strategic pillars: working with our teams, involving our clients . A sustainable commitment to improve your hotel's performance. 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. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. 47 million, largely due to the full consolidation of sbe since Q4 2020. . 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). It is core to our strategy and sits at the heart of everything we do. We keep a close eye on our key extra-financial performance indicators in order to demonstrate the results we achieve and the shared value that we create. 2021 Integrated report. made possible thanks to the work of our devoted teams Accor over the world. 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. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. Sustainability and innovation. 531 kb. Click to reveal SUSTAINABILITY AND CSR REPORT 2018. Two key issues to tackle will be food and buildings. This segment, which is closely linked to business in Australia, notably benefited from a recovery in leisure tourism demand during the first half of the year and at the end of FY 2021 on the North-East coast of the country where most of the Groups Strata activities are located (i.e. Included in the Integrated Report (Section 5 - p. 88) download. The assessment included seeking internal and external stakeholder feedback. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. As of end of December 2021, combined . 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. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. Develops talent from within and a strong disciplinarian who leads by example. The Group achieved solid results regarding the actions taken over the 2011-2015 period. The action you just performed triggered the security solution. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023.

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