We’re creating a more connected travel industry, underpinned by sustainability and long-term investor relations.
From left to right: Víctor Viñuales (Executive Director, Ecodes), Lucas Bobes (Group Environmental Officer, Amadeus IT Group), Valvanera Ulargui Aparicio (Directora General de la Oficina Española de Cambio Climático), Maria Luz Castilla Porquet (Partner in the Sustainability and Climate Change team of PwC)
International non-profit CDP (formerly known as the Carbon Disclosure Project) have recognised our efforts for a second time. They have listed Amadeus as a world leader for corporate action on climate change, with a position on its 2016 Climate ‘A’ List. CDP is recognised as the main international standard for climate change reporting and management for corporations. We are proud to be selected as the criteria for the award is based on our efforts to combat climate change through disclosure, awareness, management, and leadership.
Thanks toThe Paris Agreement, climate change is firmly on the global agenda. Travellers are becoming increasingly concerned about the effects of climate change and many companies are realising the need for action. TheCDPruns a global disclosure system that allows companies to manage their environmental impact. Their collection of data enables investors and policy makers to access crucial information for business decisions.
The Climate ‘A’ List is comprised of companies from around the world that are leading in their efforts and actions to combat climate change. Thousands of companies have submitted information to be independently assessed against the CDP’s scoring methodology. Amadeus is among 9% of corporations participating in CDP’s climate change program to be awarded a position on the Climate A List.
The list was released in CDP’s,Out of the starting blocks: Tracking progress on corporate climate action– a report establishing the baseline for corporate climate change action. It reveals that global corporations have started the transition to a low-carbon economy and some are already capitalising on the opportunities this affords. Companies that reduce emissions in line with the goals ofThe Paris Agreementwill be tracked against this baseline in future CDP reports.
Diana Guzmán, Director, Southern Europe, CDP, explains the value for society of their Index and why it is important for companies to be on it.
The corporate world is expected to help in controlling and reducing carbon emissions in order to keep global temperature rise well below 2 degrees Celsius as outlined in the Paris Agreement, which will go into effect on November 4th, 2016.
Lucas Bobes, Head of Sustainability, Amadeus, comments on our role in a global low carbon economy.
More and more, investors are looking at sustainable economies and corporate involvement very closely. According to PwC, the opportunities for sustainability investment are huge with four out of five investors considering sustainability issues to be relevant. We recognize our responsibility to fight against climate change and through the implementation of our environmental strategy we strive to work together with industry stakeholders toward the sustainability of travel and tourism.