Accor, a leading hospitality company, has set a net-zero target to reduce its carbon emissions to zero by 2050. Accor’s latest filings mentioned the keywords ‘Carbon’ and ‘Climate Change’ most number of times in relation to Net Zero.

In 2021, Accor names Brune Poirson Chief Sustainability Officer, on the Group Executive Committee, commits to Net zero carbon by 2050, with a first reduction of 46% in its emissions by 2030 and issue its first bond indexed to its sustainable development targets, for €700 million. Accor has taken another step forward by placing sustainable development (Human and Nature) at the heart of its business model. The new sustainable strategy sets ambitious objectives for the Group by 2030, based on science (SBT) and covering the entire customer journey: stay, eat and explore.

In conclusion, Accor has established a detailed map of risks related to climate change, including water-related outcomes, to inform the company of the consequences of climate change on its business and improve financial transparency concerning the climate according to recommendations of the Task Force on Climate-related Financial Disclosure (TCFD).

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