November 30, 2023
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
15-20% of global air travel
Business travelers
make up to 75% of revenues
on certain flights
Given companies’ significant purchasing power and leverage, businesses now have a unique opportunity to influence the acceleration of sustainable aviation and improved rail services, by reducing flying and voicing demand for clean travel options.
Consumers, investors and employees are more concerned by the impacts of climate change than ever before. If businesses fall out of step with expectations, their reputation is at risk. Demonstrating a commitment to sustainability and adopting planet friendly travel policies, will enhance their image, appeal and overall success.
Are companies
Traveling Smart?
Find out how 322 businesses across the world are performing on commitments to reduce corporate travel and report air travel emissions.
Company
Country
Sector
Target
Target
Year
Year
Target
Specificity
Specificity
Reporting
Specificity
Specificity
Total
Score
Score
View
more
more
C
Intercontinental Hotels Group
United Kingdom
Hospitality
-
No target
BT reporting
3.5
D
Klöckner & Co
Germany
Mining
-
Broader target (incl. BT)
Insufficient information
-0.5
D
Fidelity Investments
United States of America
Finance
-
No target
AT reporting
2.5
The ranking gathers data from 322 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.