Reuters exclusively reports corporate 'carbon budgets' loom for airlines - Reuters News Agency
Business & FinanceEnergy

Reuters exclusively reports corporate ‘carbon budgets’ loom for airlines

Reuters reported exclusively that airlines are bracing for a major hit to business-class travel, a key revenue driver, as major companies look at drastic ways to cut carbon emissions from corporate travel. Several companies, such as HSBC, Zurich Insurance, Bain & Company and S&P Global, have already announced plans to quickly cut business travel emissions by as much as 70%. Some are considering a “carbon budget” as they come under growing pressure from environmental advocates and investors to reduce indirect emissions that contribute to climate change, industry executives and experts told Reuters. 

Article Tags
Topics of Interest: Business & FinanceEnergy
Type: Reuters Best
Sectors: Aerospace & DefenceCommodities & Energy
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
A traveler walks past a Christmas tree as he makes his way through the Ronald Reagan Washington National Airport, in Arlington, Virginia, U.S., December 22, 2020.  REUTERS/Kevin Lamarque
Sign up for email updates
Sign up for email updates