Unveiling Sustainability Levers in Corporate Travel: Insights from Accenture's Neuenburg
Key Ideas
- Exploration of sustainability 'levers' in corporate travel, including virtual meetings, shifting short flights to rail, and implementing an aviation carbon calculator to save emissions.
- Challenges in translating sustainability policies into actions at both company and individual traveler levels, with a preference for transparency over carbon pricing.
- Growing demand from employees, especially younger generations, for companies to adopt sustainable travel policies, influenced by societal, regulatory, and reputational pressures.
- Comparison of environmental regulations and approaches between Europe and the U.S., highlighting differences in mandates versus incentives and the U.S.'s success in sustainable aviation fuel production.
The article discusses Accenture's collaboration with the Global Business Travel Association Foundation in benchmarking companies' sustainability policies and actions in the Sustainability Acceleration Challenge. Jesko-Philipp Neuenburg, Accenture's global travel and aviation sustainability lead, shares insights on current sustainability efforts in corporate travel.
Key practices identified include leveraging 'sustainability levers' such as virtual meetings, shifting short flights to rail, and using an aviation carbon calculator to identify lower-emission flight options. These practices aim to reduce the carbon footprint of corporate travel while remaining cost-effective.
Neuenburg emphasizes the importance of transparency in influencing individual traveler decisions over carbon pricing. He notes the shift in employee expectations towards sustainable travel policies, with a particular focus on the younger generation pushing for environmental responsibility.
The discussion also touches on the regulatory landscape, comparing European and U.S. approaches. Neuenburg points out the regulatory pressures and reputational risks associated with companies not adopting sustainable practices. He highlights the U.S.'s success in sustainable aviation fuel production, attributed to its incentive-based approach.
Overall, the article stresses the evolving nature of sustainability efforts in corporate travel and the need for companies to align with societal expectations, regulatory requirements, and environmental goals.
Topics
Aviation
Sustainability
Carbon Footprint
Sustainable Practices
Employee Engagement
Regulatory Pressure
Environmental Regulation
Reputation Management
Corporate Travel
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