American Express Global Business Travel has published its 2022 Environmental, Social and Governance (ESG) report.
The report highlights advancements made in sustainability, diversity, equity and inclusion, social impact, and governance initiatives.
Key highlights of the report include:
· Science Based Targets: Amex GBT worked towards a formal commitment to the Science Based Targets initiative (SBTi) and has submitted a target for official validation before the end of 2023.
· World Economic Forum: Amex GBT was the first travel management company to join the World Economic Forum (WEF) as a member. It became part of the First Movers Coalition and signed the WEF Clean Skies for Tomorrow ambition statement to achieve 10% SAF by 2030.
· Carbon pricing: Amex GBT launched a pilot enabling clients to create budgets to invest in sustainability initiatives by placing an internal price on carbon emissions.
· CHOOOSE: Amex GBT integrated with CHOOOSE to accelerate sustainable business travel, providing travellers with insights into their carbon emissions and supporting more informed travel decisions.
· Moving people when it matters most: Amex GBT mobilised 30 travel counsellors to help Miles4Migrants move 5,832 Afghan refugees and 1,533 Ukrainian refugees to safety.
· Global partnership for continuous growth: CEO, Paul Abbott, signed the CEO Action for Diversity & Inclusion pledge, the largest CEO-led commitment to advance workplace DE&I.
CEO Paul Abbott said: “At the beginning of 2022 we pledged economic, social and environmental commitments to power progress through travel. The goals were to make the future of work an opportunity for all, move people when it matters most, and lead the industry to a lasting solution for sustainable aviation respectively.
“We know there remains a lot to be achieved, but we can continue to drive progress by working collaboratively with colleagues, customers and industry partners.”