SICC | Singapore International Chamber Of Commerce | Raffles Quay – The voice of international business in Singapore
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21 MAR 2023  |  ISSUE 445

Dear Members and Friends

We all love to travel but how can we do so in more sustainable ways to protect our planet and the places we all enjoy for ourselves and for future generations? We can reduce business travel for cost reasons and because, thanks to the pandemic, we know the online tools work well. What about leisure travel?

Here’s a piece written by Chamber member ATPI which is a travel management business serving corporates which I hope you will find interesting and useful.

Yours faithfully
Victor Mills
Chief Executive

Commercial aviation's contribution to global carbon emissions is significant with current estimates projecting it could contribute 20% of greenhouse gases by 2050. This is a rapidly growing problem as the demand for travel keeps rising.

Until recently, sustainability has not been a core element of travel transactions with price and timing taking priority. However, we are now seeing a shift in consumer behaviour with more organizations making sustainable business travel a requirement. It is time for us all to prioritize sustainable travel to help combat climate change.

How can businesses take that first step towards making corporate travel carbon neutral?

  1. You can partner a Travel Management Company (TMC) or travel tech provider to help achieve your climate neutrality goals. By outsourcing the technology and expertise of a TMC, you can identify areas of your travel plans with the highest carbon footprint. A good TMC can help you offset carbon emissions created by your business travel making it easier for your company to become more environmentally responsible.

  2. To make a real impact on your company's environmental footprint, take a holistic approach to your travel plans. Consider the entire traveller experience and identify areas where small changes can make a big difference. For example, opt for electric vehicles, hotels and airlines that prioritize locally sourced products and vendors with high levels of corporate social responsibility (CSR) and environmental social governance (ESG). These seemingly small changes can add up to a more sustainable travel experience that benefits both your company and the planet.

  3. Sustainable aviation fuels (SAFs) reduce greenhouse gas emissions by up to 80% compared to fossil fuels. SAFs are recognized by the International Civil Aviation Organization as the best option for achieving net-zero emissions by 2050. Choosing to fly with airlines that use SAFs can make a meaningful contribution to fighting climate change.

If you liked this article, you may refer to the following links for more information about Sustainable Corporate Travel:
FAQs: Carbon Offsetting & Corporate Travel
Environmental Sustainability
Navigating Carbon Credit Deficiency

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