October 31, 2024
Fly less,
achieve more
By reducing frequent flying, while making the most of rail journeys and virtual collaboration, companies can innovate purposeful travel and see benefits for both their business and the planet.
Reduce your corporate travel emissions by -50% or more of pre-Covid levels by 2025 or sooner.
Commitments from the biggest business flyers can shift the dial on global corporate air travel emissions. Prioritising sustainability and new ways to perform while flying less will lead to competitive advantage.
Global air travel is the most climate-intensive form of transport. And this is only set to rise.
Business travel
represents
approximately 25% of global air travel
Business travelers make up to
75% of revenues on certain flights
Policy developments
Know more about how recent policy developments impacting business travel
July 2024
Dutch Government
June 2024
European Commission
WHAT COMPANIES SAY:
"To work towards a sustainable business future, we encourage a 'virtual first' approach and purposeful travel that considers both environmental and social impacts. By adopting this new mindset, we can prioritize sustainability and create a better future for our business and the world we live in."
Global Sustainability Manager – Travel & Workplace
Arcadis
"Cutting business air travel emissions is necessary to get to net zero on a global level. At Swiss Re we achieved significant results thanks to the measures implemented over the past years. However, this is a marathon and there is more we need to do. Therefore, we continue to stay focused on our journey to net zero."
Head Internal Environmental Management
Swiss Re
"We’ve pledged to halve our travel-related emissions, both business and commuting, as they a big part of our operational carbon footprint. Achieving this target won’t be easy but we are fully committed to support our colleagues in making sustainable choices when travelling for business."
Senior Sustainability Manager, People and Places
Lloyds Banking Group
Are companies
Traveling Smart?
Find out how 327 businesses across the world are performing on commitments to reduce corporate travel and report air travel emissions.
A
Lloyds Banking Group
United Kingdom
Services
-50%
2023
BT target
AT reporting
13
Target Type: Absolute
Years since target announced**: 2
Years of reporting***: 4
CDP reporting: yes
Reporting non-CO2: yes
2019 air travel emissions: 20,174 tCO2e (non-CO2 incl.) – CO2 only: 11,867 tCO2
yes
A
Fidelity International
United Kingdom
Finance
-50%
2024
AT target
AT reporting
12.5
Target Type: Absolute
Years since target announced**: 2
Years of reporting***: 4
CDP reporting: no
Reporting non-CO2: no
2019 air travel emissions: 10,862 tCO2
yes
B
Amundi
France
Finance
-30%
2025
BT target
BT reporting
9
Target Type: Intensity
Years since target announced**: 2
Years of reporting***: 4
CDP reporting: no
Reporting non-CO2: no
2019 air travel emissions: 5,797 tCO2
yes
B
Blackrock
United States of America
Finance
-40%
2030
BT target
BT reporting
9
Target Type: Absolute
Years since target announced**: 3
Years of reporting***: 4
CDP reporting: no
Reporting non-CO2: no
2019 air travel emissions: 30,108 tCO2
yes
C
Bank of America
United States of America
Finance
-
No target
BT reporting
3
Target Type: –
Years since target announced**: –
Years of reporting***: 3
CDP reporting: yes
Reporting non-CO2: no
2019 air travel emissions: 125,045 tCO2
no
C
Kingspan Group PLC
Ireland
Materials
-
No target
BT reporting
3.5
Target Type: –
Years since target announced**: –
Years of reporting***: 4
CDP reporting: yes
Reporting non-CO2: no
2019 air travel emissions: 30,536 tCO2
no
D
Lush
United Kingdom
Retail
-
Broader target (incl. BT)
Insufficient information
-0.5
Target Type: –
Years since target announced**: –
Years of reporting***: –
CDP reporting: no
Reporting non-CO2: no
2019 air travel emissions: –
no
D
Enel SpA
Italy
Utilities
-
No target
Insufficient information
-0.5
Target Type: –
Years since target announced**: –
Years of reporting***: –
CDP reporting: yes
Reporting non-CO2: no
2019 air travel emissions: –
no
The ranking gathers data from 327 businesses across the world, targeting the biggest corporate flying emitters from different sectors. The ranking reveals that while the majority of companies report travel emissions, only a minority of companies commit to their reduction. If 10% of the largest emitters set 50% reduction targets, this would go half the way towards achieving the 2025 target and staying within 1.5°C global warming.
Emissions Tracker
Discover whether businesses across the world are on track in reducing their corporate travel emissions
Company
Company
Target
Target
Year
Target
Specificity
2022 vs 2019 emissions
0%
Campaign target
-50%
-100%
Company Target
-50%
Target Year
2025
Target Specificity
AT
2022 vs 2019* emissions
-49%*
0%
-50%
-100%
Company Target
-
Target Year
-
Target Specificity
No target
2022 vs 2019* emissions
-63%
0%
-50%
-100%
Company Target
-
Target Year
-
Target Specificity
No target
2022 vs 2019* emissions
-39%
0%
-50%
-100%
TOP flyers
The 25 companies flying with no credible plans to reduce business travel emissions
A small group of well-known companies have a bigger share of emissions than the rest of the companies in the ranking. If the top 25 biggest flyers in our ranking set -50% targets for their business travel emissions by 2025, it would achieve 31% of the reduction across all companies.
