Unlocking sustainability insights: Sabre first
to apply Travel Impact Model for past emissions
SOUTHLAKE, Texas, Sept. 24,
2024 /PRNewswire/ -- Sabre Corporation (NASDAQ;
SABR), a leading software and technology company that powers the
global travel industry, and Google have joined forces to use the
Google's Travel Impact Model (TIM) for the first time in
calculating past emissions from business travel.
The joint pilot program involved a team of Google analysts using
Sabre's 2023 business travel data to calculate flight-level
corporate travel emissions and recommend strategies for future
reductions. The project's findings will empower Sabre to help set
realistic reduction targets and optimize travel efficiency.
"Taking responsibility for our own emissions, striving towards
the most accurate methodology and working on innovative ways to
reduce emissions alongside traditional methods are areas of focus
for us," said Jessica Matthias,
Global Sustainability Director, Sabre. "We were delighted to work
with our partners at Google to extend the TIM to cover past
emissions and it is exciting to be the first company to use
the TIM for value chain emissions disclosure. We hope that this can
inform and provide insights that can help other companies reduce
their emissions from business travel."
Google analysts looked at TIM per flight calculations and
suggested CO2e reductions based on alternative flight options. The
analysis revealed that focusing on the most polluting routes could
yield the most significant impact. For instance, long-haul flights
were identified as a key area for improvement. The TIM identified
lower-emitting same-day alternatives for two-thirds of flights,
including common routes like Dallas-London
and Dallas-Frankfurt, with a potential emission reduction
of up to 10%.
"Companies increasingly need to understand and report the impact
of their business travel and we are delighted to work with Sabre to
pioneer the TIM as a standard for real world corporate travel
emissions disclosure," added Sebnem Erzan, Global Head of Travel
Sustainability Partnerships at Google. "Our long-term collaborative
efforts and Sabre's granular dataset made them the obvious
choice for this pilot program."
Business travel represented almost 7% of Sabre's carbon
footprint in 2023. The company can now incorporate these insights
into their travel policy to reflect these reduction goals. Notably,
Sabre's corporate online booking tool, GetThere, integrated TIM
emissions data last year. This enables corporate travel bookers,
including Sabre's own employees, to view accurate carbon estimates
for their flights during the booking process. Sabre intends to
explore incorporating this capability into its agency and corporate
booking tools so that customers can see more accurate emissions
estimates from their past bookings.
While business travelers make up only 12% of airline passengers
globally*, they are responsible for a much higher proportion of
emissions – in Europe, for
example, they account for approximately 30 percent. ** Many
companies are focused on reducing travel-related emissions,
including in response to regulations like the upcoming Corporate
Sustainability Reporting Directive (CSRD). Scope 3 emissions are
often notoriously diverse and challenging to measure accurately and
consistently, with existing methodologies for Scope 3 - Category 6
(Business Travel) lacking granularity.
The Travel Impact Model is already used to display emissions
estimates on platforms like Sabre, Google Flights, Booking.com,
Expedia, Skyscanner, and others within the Travalyst coalition.
Soon, it will be freely available to any company seeking a robust
method for measuring and reporting on business travel emissions.
The TIM offers a granular methodology, allowing companies to
implement effective travel policies that encourage employees to
choose less polluting flights without sacrificing travel needs.
Notes
*Source: Corporate travel: Collaboration
essential for COVID-19 recovery: PwC
**
https://www.transportenvironment.org/topics/planes/corporate-travel
About the Travel Impact Model
The Travel Impact Model
(TIM) is a transparent and continuously improving model based on
the latest science. It aims to provide a single source of reliable
information for calculating and presenting the climate impact of
individual flight trips. The TIM has been developed by Google, in
collaboration with the Travalyst coalition. For further information
visit www.travelimpactmodel.org
About Sabre
Sabre Corporation is a software and
technology company that takes on the biggest opportunities and
solves the most complex challenges in travel. The Company connects
travel suppliers and buyers around the globe and across the
ecosystem through innovative products and next-generation
technology solutions. Sabre harnesses speed, scale and insights to
build tomorrow's technology today – empowering airlines, hoteliers,
agencies and other partners to retail, distribute and fulfill
travel worldwide. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160
countries around the world. For more information
visit www.sabre.com.
SABR-F
Media Contacts:
Kristin Hays
Kristin.hays@sabre.com
Heidi Castle
heidi.castle@sabre.com
Investors
Brian Roberts
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation