Corporates 'still failing' to cut flight emissions

More than 80% of global companies are failing to set ambitious targets to reduce corporate travel emissions

The third Travel Smart report ranks organizations across Europe, North America and India on their emissions output, reduction targets and reporting around air travel. This year’s report ranked 328 companies, up slightly from 322 in 2023, and found that that 83 per cent “are not taking the weight of their climate impact seriously”.

Key takeaways

• While 57 companies have committed to reducing business travel emissions, only 45 have set a business travel target and just 12 have committed to specifically reducing air travel emissions;
• The study noted that reporting around business travel emissions has become “a more widespread practice”, but “the necessary extra step” of setting emissions reduction targets “is still lacking”;
• Only five companies achieved Travel Smart’s 'gold standard' ranking which requires them to report on air travel emissions and commit to at least a 50% reduction by 2025 (against a 2019 baseline).

Get the full story at BTN Europe