The Science Based Targets initiative has validated American Express Global Business Travel’s plans to reduce carbon emissions, the travel management company announced Thursday.
Amex GBT has pledged to reduce 80 percent of its Scope 1 and 2 emissions by 2030 from a 2019 base year, and to reduce Scope 3 emissions by 30 percent in the same timeframe. Additionally, the TMC committed to “engaging 67 percent of its airline suppliers by emissions, covering use of sold products, to set science-based targets by 2028.”
On a longer-term basis, Amex GBT committed to reduce Scope 1, 2 and 3 emissions by 2050 by 90 percent from a 2019 base.
The SBTi is an initiative of several climate-related groups that assists companies in setting science-based greenhouse gas emissions-reduction targets to achieve net-zero goals. The group requires companies to submit plans to achieve such goals within 24 months of a net-zero commitment. Validation is no certainty; earlier this year, the group removed the commitments of scores of companies for failure to develop plans for sufficient mitigation
Marriott International secured similar validation earlier this year.
