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About This Webinar
This PredictX webinar emphasized the urgent need for corporate travel sustainability in the face of increasing climate change impacts, such as California's devastating wildfires. Corporate travel managers are in a prime position to lead their companies toward more sustainable practices.
A key focus was on achieving net-zero carbon emissions, which balance produced and removed greenhouse gases. Accurate measurement starts with defining the scope of emissions, encompassing direct on-site and indirect supply chain emissions. Utilizing guidelines like the Greenhouse Gas Protocol aids in identifying reduction opportunities.
Strategies to reduce travel emissions included updating booking tools to display CO2 emissions, incentivizing sustainable travel choices, and collaborating with suppliers. Implementing comprehensive travel policies that incorporate sustainability and wellness can effectively influence traveler behavior.
Challenges such as stakeholder engagement and data accuracy were also discussed. Transparent communication and third-party certifications are crucial for accountability. Emphasizing the need for granular data and better tools at the point of sale, the webinar highlighted how these elements support informed decision-making and help achieve sustainability goals.
Agenda
- Corporate Travel Sustainability Goals: Discussion of the companies' targets, such as a 25% reduction in business travel emissions by 2025.
- Measuring and Reducing Carbon Footprint: Explanation of net zero concepts, the importance of measuring carbon emissions, using booking tools to display CO2 emissions, and collaborating with suppliers for greener travel options.
- Challenges and Opportunities: Discussion of the challenges in engaging senior management and travelers, the need for accurate and granular data, and willingness to pay more for green travel initiatives like sustainable aviation fuels.
- Accountability and Transparency: Emphasis on the importance of transparency, third-party certifications, and robust data to support sustainability claims and progress.