Lancer Insurance
Saturday, November 02, 2024

GBTA Foundation

The GBTA Foundation, the charitable arm of the Global Business Travel Association (GBTA), announced the launch of GBTA’s Sustainable Procurement Standards, a free educational resource that corporate travel buyers worldwide can utilize to make informed procurement decisions and deliver on their organization’s sustainability objectives. Additionally, GBTA says that the standards align with the Biden Administration’s goals for a sustainable future for business travel.

Although the first set of standards focus primarily on the aviation sector, GBTA will release additional guidelines for other hospitality sectors—including hotels and ground transportation—in the upcoming months. Additionally, the association will hold sessions at their convention this July in Atlanta, as well as host a free webinar on April 3 to explain the new standards as well as answer questions. Click here to register for the webinar or here to register for the convention.

GBTA FoundationDelphine Millot of the GBTA Foundation 

According to the press release, the Foundation along with the GBTA Sustainability Committee consulted with more than 50 leading companies in the business travel space over 18 months to develop the final text. The Sustainable Procurement Standards are available on the GBTA Foundation website, as well as in the GBTA Hub for GBTA members.

“One of the biggest sustainability challenges faced by the business travel industry around procurement is focusing on issues that are meaningful and driving positive change across the ESG spectrum,” said Delphine Millot, GBTA Foundation managing director and GBTA SVP for sustainability and advocacy. “This is why the GBTA Foundation convened the entire value chain of business travel to agree on common, global standards to benchmark the sustainability performance of airlines, hotels and car rental companies. The new Standards offer a practical solution for buyers to support their procurement efforts and streamlines the process for suppliers, ultimately fostering a more responsible travel ecosystem.”

Visit gbtafoundation.org for more information about the GBTA Foundation.

[03.19.24]