Selecting the greenest travel providers to support corporate travel emission objectives
New CAPA Report evaluates 52 of the top airlines based on sustainability benchmarks
- Cutting emissions from business travel is increasingly important
- Corporations globally are transitioning to net zero carbon operations
- They are also focusing on the sustainability performance of their suppliers
- CAPA and Envest have produced a detailed guide to help assess and choose the most sustainable airlines
As corporations intensify efforts to cut their carbon emissions, they are focusing not only on their own activities, but also those of their suppliers.
A key target is to reduce the carbon emissions generated by business travel, by choosing airlines and other providers with strong sustainability credentials.
CAPA – Centre for Aviation (CAPA) the world’s most trusted source of market intelligence for the aviation and travel industries, and a division of the Aviation Week Network (AWN) together with carbon reduction strategist Envest Global, has now produced a comprehensive report to help corporations identify and assess airlines based on their demonstrated emission reductions.
CAPA Global Content & Marketing Director, Marco Navarria stated:
“Corporate travel procurement is increasingly being decided not just on the traditional measures of price, network, schedule, and loyalty rewards, but also on the sustainability strategies and performance of airlines.”
“Together with Envest Global, we have researched and evaluated the sustainability performance of 52 airlines and 100 global corporations with major travel requirements, and distilled our findings to guide corporate procurement divisions in choosing the most sustainable airlines.”
He continued, “Our report examines and clearly explains actions which airlines take to help cut their emissions, and identifies the key questions that procurement departments need to ask in order to gain meaningful and detailed data about specific operators.”
Envest Global Executive Director, Advisory, David Wills, said corporations are increasingly coming under pressure to ensure that their environmental performance aligned with the expectations of their customers and investors.
“The airline industry is facing a real challenge as those pressures increase,” he said.
“We’ve looked at over 100 corporations which are among the biggest corporate travellers globally, and there’s a very consistent pattern emerging. About three quarters of companies have made some net zero emissions commitment, and those commitments are typically in the timeframe of 2025-2030. Airlines and aircraft that can demonstrate lower carbon options and outcomes compared to their competitors for a particular trip or portfolio of trips will become increasingly common as part of the travel procurement process. Underpinning this is the need for objective, reliable data to inform and support sustainability strategies and buying decisions,” he added.
The CAPA-Envest Airline Sustainability Benchmarking Report 2021 – Business Travel Edition is now available for purchase for a mere USD349. To learn more and download the report visit the website here.
About Envest Global
Envest Global is an international carbon reduction strategy and investment management company that specialises in supporting major carbon-emitting industries to achieve competitive advantage and market leadership through the design and delivery of technically innovative and commercially savvy net-zero carbon emission strategies. Envest Global help companies harness the power of investment capital and selected partnerships to accelerate their carbon reduction while delivering market leading growth and margins. The leadership team combines expertise and insight in business leadership, sustainability, capital investment and fund management, carbon reduction technologies and risk management across key industries including aviation, transport and logistics, resources, energy and power.
About CAPA – Centre for Aviation
CAPA - Centre for Aviation (CAPA), part of Aviation Week Network, is the leading provider of independent aviation market intelligence, analysis and data services covering worldwide developments. Established in 1990, CAPA’s platforms help the aviation sector and supplier businesses stay informed, remain connected to industry leaders and fuel inspiration to drive change. CAPA’s global C-level and corporate travel in-person and virtual Summits and Masterclasses attract executive level speakers, attendees and leading stakeholders of the global commercial aviation industry. Understanding aviation markets is our great strength and passion, along with providing CAPA members, clients and partners with an unparalleled level of expertise and insight. For more information and details on membership and events, please visit centreforaviation.com.
About Aviation Week Network
Aviation Week Network, the largest multimedia information and services provider for the global aviation, aerospace, and defence industries, serving 1.7 million professionals around the world, is part of Informa Markets, a division of Informa PLC. Aviation Week Network's portfolio of air transport solutions includes the leading brands of Air Transport World (ATW), Airport Strategy & Marketing (ASM), Aviation Daily, CAPA - Centre for Aviation, Routes and Aviation Week’s intelligence and fleet data services. The air transport portfolio delivers face-to-face connections, essential news, analysis, business intelligence and data across multiple platforms while producing innovative and impactful marketing programs. For more information visit aviationweek.com/.
About Informa Markets:
Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. We provide marketplace participants around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, targeted digital services and actionable data solutions. We connect buyers and sellers across more than a dozen global verticals, including Aviation, Pharmaceuticals, Food, Medical Technology and Infrastructure. As the world's leading market-making company, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com
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