(09 Jun 2021) FCM, one of the world’s largest travel management companies, has partnered with South Pole, an expert in global climate action and project development, to launch a new global carbon offsetting programme.
FCM will also offset all staff travel worldwide once pandemic restrictions allow employees to travel for business purposes again, and will even backdate this to 2019.
The South Pole partnership will allow FCM to support multinational clients in setting up a net zero solution to naturalise the carbon impact of their business travel and will make a significant difference in helping them meet their sustainability goals.
It enables clients to offset against global flights, hotel accommodation, rail bookings, car rental and other business travel components.
FCM can calculate, record and report monthly or quarterly CO2 emissions globally per item for each client, who can then choose from specific climate action projects against which to offset their total carbon footprint.
FCM and South Pole have compiled a list of 12 positive environmental impact projects worldwide, including forestry conservation or restoration and community energy or water programmes. Each is a global standard sustainability project.
Examples include Access to Clean Water for Better Health in Cambodia (see video below); Kariba Forest Protection in Zimbabwe; Heqing Cooker Project in Gansu Province to harness renewable energy for daily activities and Hami Southeast Clean Wind Energy in Xinjiang Province to improve air quality for the region.
The offsetting price for each project ranges from US$3.70 to US$15 per tCO2e. Clients can select one or up to four projects to suit their budget, geographic area and preferred impact categories.
The partnership also dovetails with development of FCM’s new proprietary platform technology, which puts sustainability at the heart of the booking process, helping employees make better decisions regarding their carbon footprint, while helping organisations meet their global sustainability goals.
FCM Platform’s sustainability dashboard shows travellers their individual stats in terms of travel CO2 emissions and enables travel managers to see total carbon footprint and CO2 savings achieved per month.
The future roadmap for FCM Platform includes functionality whereby the sustainability dashboard will also show carbon credits reporting for each client and how emissions translate into offsetting credits and projects.
Marcus Eklund, Global Managing Director, FCM said, “We’re making sustainability a core pillar of our customer offering for 2021, putting greater focus on guiding and supporting clients with their objectives, particularly in terms of CO2 reporting and a global net zero solution that enables them to contribute to positive climate action.
“Sustainability has moved higher up our customer’s business travel agenda, despite the impact of Covid-19. In fact, after the travel bans of 2020 enabled companies to reduce their carbon footprint from travel significantly many are not only re-emphasising their overall environmental objectives post-COVID, they’re making them an integral part of travel policies and RFPs.”
Access to Clean Water for Better Health in Cambodia