The importance of Environmental, Social, and Governance initiatives in today’s constantly evolving hospitality industry has never been greater. Recently, a round table discussion with Agnès Roquefort, Global Chief Development Officer, Luxury & Lifestyle, along with thought leaders André Heintz (TK), Vanguelis Panayotis (CEO, MKG Consulting & Hospitality ON) and Alice Vachet (Journalist and Host of L’Empreinte), shed light on how our focus on ESG is shaping our development and relationships with owners, and our commitment to sustainable practices and the tangible solutions for them.
This discussion explores the current changes affecting the hospitality industry as a whole, offering perspectives and examples of how to leverage these transformations into opportunity, delving deep into the insights from Accor’s ‘The New Quality of Time’ Report’:
Sustainability is not an option any more
Accor is taking concrete steps towards a sustainable business model that addresses environmental and biodiversity challenges. Round table participants discussed concrete examples such as an ESG Scorecard, AXA’s risk assessment tool, or turnkey solutions like removing single-use plastics in hotels, or food waste management by Fullsoon. Fullsoon also uses artificial Intelligence to measure carbon footprint of menus.
We must engage our owners in this discussion. We have implemented tools and formed valuable partnerships in order to evaluate the risks to biodiversity and environmental impact of our developments. Together, we will integrate these insights in renovation and new construction, and advocate for conversions wherever possible to minimize the environmental footprint. Agnès Roquefort, Global Chief Development Officer, Luxury & Lifestyle
Carbon reduction generates value
Carbon neutrality investment is a strategy that benefits both the owner and the environment. Owners who invest in their journey to carbon neutrality can improve the value of real estate, demonstrate their commitment towards sustainability and reduce costs.
Long-Term Transformation Investing in talent for long-term success
Sustainability is a long-term goal that requires our Talent to be actively involved. We have created our “School for Change”, a platform of education dedicated to empowering Heartists, in order to drive meaningful change.® We provide our Heartists with the tools and training they need to be champions of sustainability. Our newly launched volunteer program engages Heartists even more.® In sustainability efforts, cultivating a deeply rooted culture of community involvement and responsibility.
Find out more about how sustainability and other trends are transforming the hospitality sector and what opportunities it offers. ‘The New Quality of Time’ ReportPart of the award-winning content series ‘From Change to Opportunity’.
To download and read the report, click here.
The full version can be viewed on Accor’s YouTube.
About Accor – a leading hospitality group in the world
Accor is a world-leading hospitality group offering stays and experiences across more than 110 countries with over 5,600 hotels and resorts, 10,000 bars & restaurants, wellness facilities and flexible workspaces. The Group boasts one of the most diverse hospitality eco-systems in the industry, with 45 hotel brands ranging from luxury to economy as well as Ennismore Lifestyle. ALL, Accor’s booking platform and loyalty programme, embodies its promise throughout and beyond the stay at the hotel and offers members unique experiences. Accor’s focus is on promoting positive change through business ethics and responsible tourism. It also focuses on environmental sustainability, diversity and inclusivity, as well as community engagement. Accor’s mission is reflected by the Group’s purpose. Pioneering the art and practice of responsible hospitality while connecting cultures with heartfelt care. Accor was founded in France in 1967. The Group, which is listed in the CAC 40 Index on Euronext Paris Stock Exchange under the ISIN code FR0000120404 and the OTC Market in the United States (Ticker ACCYY), is also publicly traded on the Euronext Paris Stock Exchange. Visit the website for more information. group.accor.com You can follow us on X, Facebook, LinkedIn, Instagram You can also find out more about the following: TikTok.
