Accor Achieves Top Environmental Rating, Leading the Way in Hospitality's Climate Action
In a groundbreaking acknowledgment of its environmental stewardship, Accor has been awarded an 'A' rating by the global environmental non-profit CDP, propelling the hospitality giant onto the prestigious 'A-list' for its transparent and ambitious approach to climate change. This accolade positions Accor among the elite companies worldwide that are pioneering in environmental risk management and climate change mitigation within their business models.
Accor's distinction as the sole hospitality leader to secure an 'A' rating underscores its unique commitment to climate action, setting it apart from over 21,000 companies evaluated. This recognition is a testament to the efficacy of Accor Group's sustainability strategy, which centralizes People & Nature, and is articulated around three strategic pillars aimed at transforming operations for enhanced guest experiences, pushing forward a sustainable food model, and championing a novel approach to travel.
The company's dedication to achieving carbon neutrality by 2050 aligns with the Paris Agreement, underscored by ambitious targets validated by the Science Based Targets initiative (SBTi) to significantly reduce carbon emissions across its operations and supply chain by 2030. These efforts are in collaboration with property owners and industry alliances like the Sustainable Hospitality Alliance and the Hospitality Alliance for Responsible Procurement, aiming to establish new industry benchmarks.
Sébastien Bazin, Chairman & CEO of Accor, emphasized the group's commitment to redefining the hospitality sector as a positive force for environmental and societal well-being. Acknowledging the tangible impacts of climate change experienced in 2023, Bazin highlighted the necessity for innovative hotel management practices and praised the global Accor team for their unwavering dedication to sustainability.
CDP, renowned for its extensive environmental database and influential scoring system, facilitates the shift towards a sustainable economy by encouraging corporate transparency on environmental impacts. In 2023, an unprecedented number of companies disclosed their environmental data through CDP, reflecting a growing corporate commitment to environmental responsibility and action towards achieving global carbon neutrality.
Accor, with its extensive global presence, offering diverse hospitality experiences in over 110 countries, continues to lead by example in the industry. Its commitment to ethical business practices, sustainable development, and inclusive growth exemplifies its role as a trailblazer in the transition towards a more sustainable and responsible hospitality sector.