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.
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….
You can’t manage what you don’t measure, but how do you measure? That question has hindered the business travel sector’s assessment of environmental impact for years. Two-thirds of 216 buyer respondents to a GBTA poll this month said sustainability had prompted them to review travel policies — the most of any listed factor. Yet, in…
American Express Global Business Travel VP for global product and user experience Mark McSpadden issues a call to action to advance sustainable travel. As the travel industry emerges from the pandemic, we have never experienced a stronger push to transform travel into a catalyst for environmental progress. After seeing the negative impact of zero travel,…
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…
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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