Sustainability is a broad topic, with several implications for the travel industry. Environmental concerns and climate change usually get the most attention, but good corporate citizenship means sustainable business practices in such areas as community outreach and development, equitable job opportunities and more.
Traveling companies and the airlines their workers fly have taken a variety of approaches to mitigating environmental impact, from carbon offsets and credits to purchasing sustainable aviation fuel to longer-term projects like direct carbon sequestration. While carbon credits could eventually play an important role, right now a few dollars’ worth won’t change much, according to…
Hertz has deployed electric vehicles in more than 30 markets. Its plan to build charging infrastructure is ahead of schedule, according to execs. It wants more than 30 percent of its fleet to be electric by the end of 2024. Such cars “command higher pricing and draw lower operating costs.” Corporate clients like the smaller…
As corporate travel managers work to meet their leaders’ dictates on climate change, they have new needs. Travel management companies, tech firms and other service providers continue developing solutions. CWT, for example, partnered with carbon intelligence platform Thrust Carbon to provide carbon footprint indicators on its myCWT mobile and web booking points of sale. Point-of-sale…
Travel management and tech provider Atlas Travel & Technology Group of Massachusetts last year became the first U.S.-based TMC to be designated as a Certified B Corporation. What’s that? According to B Lab, the 16-year-old nonprofit that runs the certification program, a B Corp is “meeting high standards of verified performance, accountability and transparency on…
The Global Business Travel Association is “in the process of reviving” its foundation, a press official confirmed. Established in 1989, the GBTA Foundation focused on providing education and research before going dormant a few years ago. In its refreshed form, it will house “sustainability/ESG and education-related initiatives,” according to the spokesperson. Announced in January as…
Many companies for years have voluntarily reported the carbon emissions associated with their business travel. That will be a requirement for large organizations if financial regulators finalize a new set of climate disclosure proposals after a 60-day comment period. The arguments in favor are that investors, with ESG in mind, want and need that information…
As remote-work models become increasingly popular, fewer of employees’ sustainability effects, including impacts from travel, are likely to take place under employers’ physical roofs. But they will still occur on their watch. Making work from home sustainable requires doing more than calculating a simple commute trade-off, according to Ganga Shreedharis, Kate Laffan and Laura M….
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