Partnerships

BCD Travel announces the industry’s first end-to-end sustainability offering for corporate travel programs

Berlin,
Monday, November 4, 2024

UTRECHT, The Netherlands, Nov. 4, 2024 – BCD Travel’s latest innovation enables customers to set sustainability goals and carbon targets, drive traveler behavior change, apply carbon tax or allocate carbon emissions reduction and removal project costs at the point of sale, and report on emissions and progress. BCD’s sustainability offering will be available and relevant to all clients, regardless of their progress in sustainable business travel.

For clients that desire sustainability strategy and change management support as well as more sophisticated analytics tools, BCD’s consulting division, Advito and their sustainability experts are there to help.

How it works

BCD partnered with SQUAKE, a leading climate-tech company, to streamline carbon emission related action across the various tools and touchpoints in the travel industry. This allows corporate travel programs to centrally set targets, decide upon sustainability policies to achieve them, and distribute these across online and offline booking channels for each employee.

The technology provider established tooling to provide active nudging and steering tools within BCD agent frontends and online booking tools (OBTs). The tool encourages travelers to travel less and travel better. In addition to making travelers aware of air, train, hotel and ground transportation emissions using one of multiple calculation methodologies, the tool displays the carbon cost of each trip.

While CO₂ emissions consumption of different travel options have been visible to travelers in OBTs for some time, it’s been difficult to use the same methodology across the point of sale, itineraries and invoices, and reporting. That challenge is solved by this offering.

For companies that have decided to allocate an actual carbon tax or require a traveler to invest in a carbon reduction project or sustainable aviation fuel (SAF) for each trip, we now have automated solutions. The offering includes both point of sale and aggregated fee allocation options including SAF procurement or CO₂ compensation certificates.

In addition to driving traveler behavior change, BCD and SQUAKE will provide carbon budgeting, forecasting and reporting tools to help clients set and manage carbon targets. This is key to comply with regulatory reporting requirements like the Corporate Sustainability Reporting Directive (CSRD).

Benefits

The business travel industry’s first comprehensive and fully integrated TMC sustainability offering provides complete transparency at point of sale whether the booking is online or through a travel consultant. Travelers will have a consistent experience and sustainability guidance at every step of their journey. Through robust data and behavior changes, companies can reduce emissions related to business travel.

BCD’s sustainability offering aids compliance with CSRD which requires setting and monitoring progress against targets as well as basic CO₂ reporting. Travel managers can set the parameters for their policy and track and report their progress.

Availability

BCD’s sustainability solution is currently being piloted with Siemens and will be available to customers in. the first quarter of 2025.

BCD Travel prioritizes sustainability. Yet, it has been challenging for our customers to make their travel programs more sustainable. Until now, our clients have had to spend significant time and energy identifying, selecting and deploying a range of sustainability providers that aren’t easy to integrate together or into their programs. Along with SQUAKE and Advito, we decided to help by bringing what was once a fragmented set of features and suppliers together to simplify the process. And, we added some new features along the way.

April Bridgeman
April Bridgeman
Senior Vice President at BCD Travel & Managing Director at Advito
BCD Travel

Our goal is to embed carbon emission related action into the core processes and reduce the execution complexity of sustainability policies by our industry leading technology. SQUAKE is proud to partner with BCD Travel, a reputable company that shares our mindset to bring sustainability to the forefront and solve carbon emissions challenges for more customers, ensuring a brighter future.

Phillip von Lamezan
Phillip von Lamezan
CEO and Co-founder
SQUAKE - BCD Travel

About BCD Travel
BCD Travel helps companies travel smart and achieve more. We drive program adoption, cost savings and talent retention through digital experiences that simplify business travel. Our 15,000+ dedicated team members service clients in 170+ countries as we shape a sustainable future for business travel. BCD’s leading meetings and events management and global consultancy services complete our comprehensive suite of solutions for all aspects of corporate travel. In 2023, BCD achieved US$20.3 billion in sales. For more information, visit www.bcdtravel.com.

About SQUAKE

SQUAKE helps companies to achieve their carbon targets. It offers an all-in-one solution for accurate carbon calculations, automated carbon reductions and/or compensations along the supply chain, CO2 reporting, and CO2 at POS. SQUAKE is third-party verified and holds an ISO 27001 certification for excellent information security management. Visit https://www.squake.earth to learn more.

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