2020: Hotels group Accor faces higher interest cost after S&P downgrade to junk: RE. AccorHotels; Published. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. View File. Sustainability is Amcors most exciting growth opportunity. We are leveraging our unique scale, reach and expertise to meet our customers growing sustainability expectations and lead the way for the packaging industry. Download report Download summary Download content index Sustainability is Amcors most exciting opportunity The key drivers are: Economical: Why should companies rent expensive office space or employees rent expensive housing The report solidifies the company's commitment to creating a sustainable future and making a difference in the lives of employees, guests and the communities in which it operates. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. It covers the sustainability performance of our operations in Singapore, where Singtel is headquartered, and Optus, our wholly-owned subsidiary in Australia, for the financial year 1 April 2020 to 31 March 2021 (FY2021). This hotel is paving the way in solar power by installing 485 solar panels this year in an effort to reduce the hotels carbon footprint. PDF version of our 2020 Sustainability Report prepared in accordance with GRI and SASB frameworks. PACCOR - Your packaging supplierWe have it all, if not, we'll make it. The Novotel Barossa Cellar Kitchen also has a focus on sustainability. 102-51 Date of most recent report 28 February 2020 102-52 Reporting cycle Inside cover, 138 102-53 Contact point for questions regarding the report Inside cover 102-54 Claims of reporting in accor-dance with the GRI Standards Inside cover, 138, 145 102-55 GRI content index Published with the Annual and Sustainability Report and can be found Executives must strengthen their organizations Sustainability DNA through a three-stage cycle of change: Diagnose, Define and Develop. We embrace innovation to ensure our commercial viability without compromising the environment for future As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. Brune joined Accor in May 2021 as Chief Sustainability Officer and is a member of the Executive Committee. Corporate Office Cement House 121, Maharshi Karve Road Mumbai - 400 020 India Tel:+91-22-41593321 / 66654321 This report only uses information provided in the Climate Change 2020 reports submitted by the hotel companies. Beyond the amazing hospitality offered by Accor, the hotel group is also taking big steps towards making its hotels more sustainable. The hotels Planet 21 sustainable development program aims to provide a positive hospitality experience through the rollout of sustainability initiatives. In FY21, our waste-to-disposal was down 14% compared to FY19, and 115 of our manufacturing sites hold zero waste-to-disposal certification. View File. 5. Consolidated full-year 2019 revenue totaled 4,049 million, up 3.8% like-for-like (LFL) and up 16.0% as reported compared with full PDF version of our 2020 Sustainability Review - a summary of our approach and performance. Sustainability Report. Planet 21 is AccorHotels sustainability program which spans six key pillars including People, Guests, Partners, Communities, Buildings and Sustainable Food, with commitments aligned with the United Nations Sustainable Development Goals. Strong growth in consolidated revenue. This is the seventh Group Sustainability Report by Singapore Telecommunications Limited (Singtel). Applies the GRI Sustainability Reporting Guidelines or the GRI Standards. You may have reached this page because the site or link you have tried to access no longer exists. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Sbastien Bazin, Chairman and Chief Executive Officer of Accor, said: The shock that our industry is experiencing is both violent and unprecedented. YouTube. The numbers tell a story of a large and resilient industry, with key economic indicators including: Industry turnover $26.3bn (0.9% increase from previous year) making ours the 17th largest industry sector in Australia. "Centara intends to operate ethically and sustainably across our entire portfolio. Work hand-in-hand with local communities for a positive impact. These new solutions include our @all -CONNECT concept based on @microsoftteams as well as "Accor Business Offer Auto-Enrol", our self-registration business program for small and medium-sized businesses. Want to learn more about our Global Sales team's accomplishments? These surveys have affirmed Accors belief that CSR and sustainability are good for business, and will guide Accor even after its Planet 21 action plan expires at the end of this year, he adds. The Planet 21 programme demonstrates the Group's ambitious goals for We are committed to improving the economic, environmental and social well-being of our stakeholders through our projects and operations management. Sustainability Accounting Standards Board (SASB) and the Taskforce on Climate-related Financial Disclosures (TCFD). The world continues to change at pace and regulatory pressure is increasing for all businesses, including financial institutions. CapitaLands sustainability strategy is based on our credo Building People. Accor takes the energy and water savings from guest towel reuse and reinvests them into reforestation and environmental improvement projects. We apologize for the inconvenience, but you may be able to find it instead through your library resources. By closing consensus gaps and operating more sustainably, businesses can deliver greater financial value in tandem with positive environmental and societal impact. This is an excerpt of the original content. India will continue to buy "cheap oil" from Russia but has not finalised terms of the discount, a senior government official familiar with the matter said on Wednesday. This improvement in demand meant that average room rates came close to or, in many destinations at the end of 2021, even exceeded pre-Covid-19 levels. Lacey Pfalz, Associate Writer, TravelPulse. ESG-Report 2019/2020 Contents Introduction General Disclosures Economic Standards Environmental Standards Social Standards 6 Sustainability will be a defining factor of the Next Normal, as we call the post-pandemic period. View File. Accenture. Stock research with company profiles, valuations, health checks, and more. HRS, the leading global corporate lodging platform, announced the addition of Accor properties, a world leading hospitality group, in With the tasks of defining, driving and monitoring the commitments, strategy and roll-out of the Groups action plans in relation to sustainable development, Brune is also responsible for Accor Solidarity and ALL Heartists endowment funds. The first half of 2019 showed a profit of 141 million, in the same period 2020 a loss of 1,512 million was incurred. 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. Planet 21 is AccorHotels sustainability program which spans six key pillars including People, Guests, Partners, Communities, Buildings and Sustainable Food, with commitments aligned with the United Nations Sustainable Development Goals. Although the effects of this unprecedented crisis linked to the Covid-19 pandemic have not yet fully 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 Nestled in the beautiful Barossa Ranges, just an hours drive out of Adelaide lies the Novotel Barossa Valley. Amcor 2020 Sustainability Report. One important way we reduce our 2020/09/30 Time period. 2020 Sustainability Review. Building Communities.. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. The French companys operations span the travel The simple act of reusing your hotel towel rather than using a fresh one each day is having a positive impact on Australia's environment. Communication on Progress 2020 Participant. Novotel Barossa Valley. PDF version of our 2021 Sustainability Report Content Index. Accor notes in its CDP filing that it does not include hotels acquired after July 2019 in its reporting. We are committed to sustainable practices throughout our hotel operations, whilst delivering an exceptional level of Thai hospitality for our guests. Living our purpose we secure your future means being a responsible and transparent company to build customer trust and shareholder confidence. The program is structured around 6 pillars: our 4 main stakeholders (employees, clients, partners and local communities) + 2 priority fields (food & beverage and buildings): Engage our guests in a sustainable experience. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. ACCOR - 2021 Integrated Report. The report builds on two years of research and life-cycle analysis by Accor and PricewaterhouseCoopers and the results are impressive and often surprising. 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. It might seem like a stretch, but the effects are quite tangible. The bond transaction marks a departure from Accors previous pandemic-era refinancing strategy, with the group having issued a convertible bond in December 2020 to refinance senior debt. If anything, it has inspired the company to integrate even more CSR into the new five-year strategy with targets for 2020. EDMONTON, AB EPCOR Utilities Inc. (EPCOR) today published its 2020 Environment, Social and Governance (ESG) Report Leading for the Future. Accor Reports Full Year 2019 Results 1 REVENUE UP 16.0% TO 4,049 MILLION (+3.8% LFL) 2 EBITDA UP 14.8% TO 825 MILLION (+5.9% LFL) 3 RECURRING FREE CASH FLOW OF 434 MILLION 4 NET PROFIT, GROUP SHARE OF 464 MILLION 5 327 HOTELS AND 45,108 ROOMS ADDED 6 SHARE BUYBACK PROGRAM: 600 MILLION IN 2020 and 400 MILLION IN 2021 Accor Groups Environmental Footprint Report bills itself as an industry first because it sets out to assess the hotel chains full environmental footprint. Valuu.io helps you to find stock investments and understand the fair value of companies. For that reason, we have used its portfolio update for the end of June 2019, instead of the end of year 2019 portfolio. Group revenue in the third quarter of 2020 came in at 329 million, down by 63.7% at constant scope of consolidation and exchange rates (LFL) and by 68.7% as reported data with respect to Q3 2019. Co-innovate with our partners to open up new horizons. Through the lens of the Covid-19 pandemic and the The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program.