How do companies report on business travel emissions? The question has new relevance with the state of California poised to enact legislation governing greenhouse gas reporting, including for so-called Scope 3 carbon dioxide emissions. It’s expected to require more than 5,300 firms beginning in 2026 to count Scope 3 and disclose it annually from 2027. Scope 3 encompasses 15 areas,…
For companies that disclose some or all of their business travel emissions under regulatory frameworks or through voluntary reporting, new laws may offer travel managers an opportunity to sharpen their focus. “Implementing the standards is not just about compliance,” according to a 2023 KPMG report on the European Union’s Corporate Sustainability Reporting Directive (CSRD). “It’s a strategic, board-level issue.” “There’s going…
California Governor Gavin Newsom on Sunday said he would sign new legislation requiring companies to report greenhouse gas emissions, including those resulting from business travel. State lawmakers passed the proposed bill last week. A first for the United States, the Climate Corporate Data Accountability Act (SB 253) would impact all public and private companies based in the country that do…
Three Democratic U.S. senators on July 27 introduced legislation that would levy surcharges of up to $600 per flight on first and business class airline passengers. Meant to “curb wasteful greenhouse gas emissions,” fund climate projects and motivate airlines to fly cleaner, the program also would charge private jet users. Even if it advances through the Senate, there’s little chance…
With new regulatory requirements coming to the fore, more corporate travel professionals will need to deal with sustainability reporting. As the task gets more demanding, best practices continue to evolve. Starting next year, nearly 12,000 organizations covered by pre-existing legislation on environmental…
Google Flights search results include estimated carbon emissions as of this month. Though some questioned the data and the methodology behind it, many welcomed the development as the travel industry claims a laser focus on environmental protection. Meanwhile, Serko is among the…
It seems each new week brings another announcement about plans for sustainable aviation fuel. Several European airlines recently gave customers opportunities to get involved. Microsoft in October said it joined KLM’s corporate program that funds biofuel purchases. Separately, Dutch sustainable aviation fuel…
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