Corporate accommodation platform, AltoVita, has partnered with Thrust Carbon to launch a tool which “accurately estimates” the CO2 emissions for each night’s stay.
Called EcoStats, the tool is free to use for AltoVita clients and will have visibility over the 7 million units in AltoVita’s inventory.
The group said the tool is “grounded in scientific accuracy and adheres to internationally recognised sustainability standards”.
After users input the specifics of the stay, including location, duration and accommodation type, EcoStats then assesses various sustainability metrics such as certifications, renewable energy usage, carbon tracking, efficient lighting, single plastic use, recycling, responsible sourcing and more.
“Its scale makes this tool stand out,” said Mikhail Lortkipanidze, Senior Product Manager at AltoVita.
“We also decided to partner with Thrust Carbon because of its robust and constantly improving models. It is backed by world-leading methodologies and databases, including DEFRA, ICAO, IATA & EPA, and is already used by large enterprises including Toyota, Novartis, Informa, Arcadis, S&P Global and others, as well as corporate travel agencies CWT and FCM.”
Lortkipanidze described EcoStats as a “sustainability suite” and said it would eventually not just include CO2 quantities, but multiple indicators, such as length of stay, seasonality and the number of guests, that help businesses and travellers make more informed decisions.
“It will evolve as and when more demanding reporting requirements come into play, not least Europe’s Corporate Sustainability Reporting and Corporate Sustainability Due Diligence Directive,” he added.
The new directive, which is being phased in from next year through 2029, will require large companies and listed companies to publish regular reports on the social and environmental risks they face, and on how their activities impact people and the environment.