SAP Concur Podcast: Corporate Sustainability and Business Travel
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Business travel has a significant impact on corporate carbon footprints, and travel managers need to incorporate sustainability into travel policies. ESG goals affect not only the environment but also talent attraction and retention. Companies can measure and reduce emissions through frameworks like CDP and science-ba…
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- SAP Concur BlogSAP Concur Podcast: Corporate Sustainability and Business Travel
A SAP Concur podcast features TCG's Sally Crotty discussing corporate sustainability. The article divides ESG into social, economic, and environmental dimensions. Business travel can account for more than half of a company's carbon footprint. Travel represents 5% of global emissions, of which corporate travel makes up 30%, meaning roughly 1.5% of all global emissions is directly related to corporate travel. Sustainability goals have become key to attracting and retaining talent. Organizations like CDP and science-based targets can help companies disclose environmental impact and set emission reduction paths.