The Travel Corporation has become the first global tour operator to introduce verified net-zero carbon emissions targets validated by the Science Based Target initiative (SBTi) with the support of its travel partners.
In a major reset to its Climate Action Plan, The Travel Corporation (TTC) has accelerated its original commitments by receiving the SBTi validation and prioritising reductions and eliminating the use of offsets.
A critical commitment of TTC’s Climate Action Plan is to evolve with climate science, available technology and business practices.
The family of 41 travel brands has also introduced an industry-leading internal Carbon Fund to assist the company to achieve its net-zero goal.
This investment in decarbonisation will reduce the emissions produced by TTC and prioritise financial support for nature-based solutions through its not-for-profit foundation, TreadRight.
To achieve TTC’s science-based targets, the decarbonisation plan identifies five key areas of focus for the business’s carbon-reduction efforts.
This includes reducing energy usage and transitioning to low-carbon technology at Red Carnation Hotels, reducing fuel emissions from Uniworld ships and sourcing zero-emission vehicles for TTC’s Tour Brands as well as lowering the carbon footprint of trips with supply chain and destination support.
Internally, TTC will generate and use renewable energy across all offices and facilities with an overall net-zero target across its value chain by 2050 using 2019 as a baseline year.
TTC Chief Sustainability Officer & Head of TreadRight Shannon Guihan said: “As a global industry leader, we appreciate the support of our travel industry partners as we take collective action to fight climate change.”
“We need to reduce our emissions and the surest way to do that is through direct investments into our business and our operations.”
Read more about TTC’s Climate Action Plan here.