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.
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…
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…
GBTA is building a resource to help travel buyers assess supplier environmental performance and goals, and get both sides on the same page as they hammer out preferred agreements. In the works for 18 months and targeted for release by early 2024, the Sustainable Procurement Criteria will include modules for accommodations, aviation, ground transportation and…
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…
Many surveys have sought to determine how companies can improve the travel experience by capturing sentiments about this perk or that convenience. GoldSpring Consulting went further by ascribing costs and building a model to calculate the price of greater traveler satisfaction. It already produced surprising results about priorities and potentially easy program improvements. The effort…
Read on for an edited transcript of an interview with Suzanne Neufang, CEO of the Global Business Travel Association, conducted remotely on Tuesday by The Company Dime co-founder Jay Campbell. So we’ll be seeing you in Dallas in a couple of weeks. What’s going to be different at this year’s convention? We might say we’re…
Big data company Cerebri created a carbon calculator and examined the variance between pre-trip predictions and actual flight emissions. Its model produced overall results that fell within 1 percent of actuals, though for any given flight, the swing was plus or minus 10 percent, according to co-founder and CEO Jean Belanger. Launched in 2016, Cerebri…
End of content
End of content
