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News to Know
First-Ever GBTA Sustainability Benchmark Reveals Gaps to Decarbonize Business Travel, Calls for Accelerated Action to Reach Net Zero Targets
The GBTA Foundation today unveiled findings from its Sustainability Acceleration Challenge, an industry-first global benchmarking initiative to evaluate the current state of business travel programs and the actions being taken by organizations to decarbonize them. The findings reveal that organizations have much work to do to accelerate the integration of practices if they are to materially reduce their business travel emissions, in line with corporate Net Zero targets by 2050.
The GBTA Sustainability Acceleration Global Benchmark, developed in collaboration with Accenture, ranks the current state of climate action on a maturity score of 0-5, with 0 denoting “no activity” and 5 denoting “leading practice” action to mitigate business travel emissions. As of 2024, which is the first baseline year for the Challenge, the overall global sustainability maturity score across all industry sectors stands at 1.3 out of 5. This demonstrates that while some action is being taken and planned, there is an urgent need to turn commitments into real impact. A public-facing, interactive dashboard ("Explore the State of the Industry" tab) provides a comprehensive view across several measures.
The Challenge results were released today at the 3rd annual GBTA Sustainability Summit being held in Copenhagen.
Read the full announcement here. |
