Written by Jean-Jacques Morin, Deputy CEO & CFO, and Brune Poirson, Chief Sustainability Officer, discuss the Group’s commitment to ESG, focusing on one of its key areas: net zero carbon.
ESG challenges – i.e., Environmental, Social and Governance (ESG) criteria that enable extra-financial analysis – are now at the top of the agenda for companies worldwide, even more so since the beginning of the health crisis. To adapt accordingly, our Group is accelerating its transition to sustainable growth and affirming its environmental values. This is part of our commitment to deliver an ever-more sustainable hospitality model, making positive impacts, both locally and globally, ensuring we contribute more than we take. It’s our role to shape the future of travel and make it more sustainable, and this means integrating Environmental, Social and Governance (ESG) criteria as fundamental to our strategy.
“We need to be proactive, we need to be contributive.” – BRUNE POIRSON – Chief Sustainability Officer
Among the key environmental ESG areas, the reduction of greenhouse gas emissions is a priority for our Group. Accor is aiming for net zero emissions by 2050 with intermediate targets and recently placed its first bond issue indexed to its sustainable development goals (Sustainability-Linked Bond).
Discover the ambitions of the Group’s carbon strategy with Jean-Jacques Morin and Brune Poirson.
About Accor
Accor is a world leading hospitality group consisting of more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries. 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. Accor”s unmatched position in lifestyle hospitality – one of the fastest growing categories in the industry – is led by Ennismore, a creative hospitality company with a global portfolio of entrepreneurial and founder-built brands with purpose at their heart. Accor boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. 68 million members benefit from the company”s comprehensive loyalty program – ALL – Accor Live Limitless – a daily lifestyle companion that provides access to a wide variety of rewards, services and experiences. 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. 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. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram.