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 fuel costs increase, travel buyers may want to revisit and refresh their car rental policies, negotiations and traveler communications. Corporate travel policies typically recommend or require travelers to fill up before dropping off rentals. When car rental companies do the refueling, the rate may be as much as a few dollars more per gallon,…
Critical event management specialist Everbridge on Thursday responded to an activist investor calling for its sale by saying it would pause “material” acquisitions, accelerate internal integrations and simplify its products. A press official did not offer details on the impact such moves could have on travel risk management firm Anvil Group, which Everbridge bought last…
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….
To kick off his company’s conference broadcast from New York on Tuesday, J.P Morgan airline analyst Jamie Baker mentioned “unrelentingly robust current demand trends and the success that the industry is currently having in putting higher fuel prices to customers in the form of revenue management and capacity cuts.” Executives from major U.S. carriers speaking…
American Express Global Business Travel CEO Paul Abbott on Monday told attendees to a Deutsche Bank conference in Florida that the company should go public in May. As announced in December, GBT would list on the New York Stock Exchange using the symbol GBTG after it merges with blank check company Apollo Strategic Growth Capital…
One of the more environmentally conscious corporate travel programs must do more. That’s according to Microsoft leaders who on Thursday posted an update regarding their company’s sustainability commitments. While Microsoft reduced Scope 1 and Scope 2 emissions in its fiscal 2021 by 17 percent year over year, its overall Scope 3 emissions, including a minimal…
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