The second part of SAP Concur's podcast series discusses how organizations can enhance sustainability through reporting, awareness, behavior guidance, and direct contributions. Experts discuss practical applications in T&E, including adding sustainability as the 18th metric in the TCO approach, and reducing emissions by choosing rail over short-haul flights and optimizing payment processes.
A SAP Concur blog post shares insights from K.G. Subramanyam (KGS), Global VP of Enterprise Platforms at NielsenIQ, on four key T&E trends for 2021. Trend 1: 'Safe travels' takes on new meaning, with employee well-being central, vaccine passports, health checks, and screenings becoming more common, and employers strengthening duty of care. Trend 2: Sustainability goes beyond recycling, with younger employees focusing on ESG goals and technology enabling carbon footprint transparency. Trend 3: Shift to cloud solutions, with real-time data driving decisions and AI, ML, and RPA providing data-driven analytics. Trend 4: Compliance with changing tax laws, with VAT compliance a CFO priority and e…
The first part of an SAP Concur podcast series explores the meaning of corporate sustainability. Expert Sally Crotty explains the environmental, social, and governance (ESG) dimensions and cites data showing that business travel can account for more than half of a non-manufacturing company's carbon footprint. The article also introduces the GHG Protocol's Scope 1, 2, and 3, and methods for measuring and managing sustainability, such as science-based targets.
The third SAP Concur Travel Industry Summit will be held on June 9, 2022 as a complimentary half-day virtual event focused on how the travel community has evolved and the future of business travel. It features an interactive swarm intelligence session, roundtables, a resilience expert, and breakout sessions on sustainability goals, modern travel policies, fraud prevention and travel tech investment, with participants including United's CEO and IHG's Chief Sustainability Officer.