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.
AmTrav CEO Jeff Klee is getting frustrated by tokenism and perfunctory action when it comes to sustainability and corporate travel. On the 2022 business travel conference circuit, sustainability and purposeful travel were all the rage. Panelists at events large and small touted the urgency to reduce travel and, with it, carbon emissions. Given the chorus…
Before the pandemic, American Airlines crowed about adding to its sales force and growing market share in corporate travel. Conditions have changed. Both corporate travel and airline capacity growth are depressed. Improving profitability and paying down debt are top priorities. After cutting back last year on customer benefits including perks and discounts, now AA is saying goodbye to its…
American Express Global Business Travel in September added Evan Konwiser to its C-suite, responsible for strategy and marketing. Konwiser on Monday brought his thought-provoking self to The Company Dime’s new platform for audio events, LinkedIn, with commentary on a variety of topics. Some fresh food for thought came from audience members who asked about how…
Cross-border corporate trips made a big comeback this year. According to American Express Global Business Travel, international bookings during the three months ending in September reached 67 percent of their 2019 level — surpassing the domestic recovery. That occurred even with some key markets remaining closed. What about the long term? Rana Forhoohar, a columnist…
Spotnana VP of strategy and partnerships Johnny Thorsen last month called out airlines for disparities between pre-travel emissions estimates and a trip’s actual impact. There are understandable reasons for gaps, but Thorsen and others say airlines should be more forthcoming about post-trip information. To counteract discrepancies, Spotnana is creating what Thorsen called a “greenwashing ratio.”…
Three former travel buyers in July swapped their corporate jobs for startup life to pursue a passion for fixing sustainable sourcing in hospitality. Female-founded Alō Index “eliminates the struggle with siloed, unverified and duplicative” environmental, social and governance information, according to the company. Alō “consolidates, verifies, enriches, analyzes and weights millions of ESG datapoints to…
Increasingly prominent in corporate travel, sustainability reporting is a complicated area. According to this article by Tensie Whelan, director of the NYU Stern Center for Sustainable Business, an organization should develop its environmental, social and governance disclosures after first considering existing standards, conducting analyses, establishing KPIs and understanding the financial return on its sustainability strategy….
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