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Global Business Travel Group Inc

Common Name
Global Business Travel Group
Country
United States
Sector
Consumer Cyclical
Industry
Travel Services
Employees
19,000
Ticker
GBTG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Global Business Travel Group, Inc. is a leading provider of business travel management services, focusing on facilitating seamless travel solutions for corporate clients worldwide. The company operate...

Global Business Travel Group's GHG Emissions Data Preview

In 2024, Global Business Travel Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Global Business Travel Group has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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b
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b
0000000
Location-Based
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a
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b
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b
0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind Global Business Travel Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Global Business Travel Group’s data sources below and access millions more through our Disclosure Search.

a. Global Business Travel Group's Progress Report 2024
a. Global Business Travel Group's Progress Report 2024
b. Global Business Travel Group's ESG Report 2023
b. Global Business Travel Group's ESG Report 2023

Insights into Global Business Travel Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGlobal Business Travel Group amounted to1,859.1metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Global Business Travel Groupdecreased by 20.62%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Global Business Travel Group's Scope 1 Emissions Over Time

20240150300450600tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Global Business Travel Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Global Business Travel Group were 424.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

What are Global Business Travel Group's Scope 2 emissions?

In 2024, Global Business Travel Group reported Scope 2 greenhouse gas (GHG) emissions of 652.3 tCOâ‚‚e using the market-based method and 1,434.3 tCOâ‚‚e using the location-based method.a

Has Global Business Travel Group reduced its Scope 2 emissions over time?

Since 2019, Global Business Travel Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 81.15%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Global Business Travel Group's Scope 2 emissions(Location-Based) fell by 38.76% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does Global Business Travel Group use for Scope 2 reporting?

In 2024, Global Business Travel Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

Global Business Travel Group's Scope 2 Emissions Over Time

20192020202120222023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Global Business Travel Group's Value Chain Emissions

In 2024, Global Business Travel Group reported 2,528,160 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Global Business Travel Group includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Global Business Travel Group's Scope 3 Emissions Over Time

2019202020212022202320240650 k1.3 M1.95 M2.6 MtCO2e-74%-56%+592%+19%+12379%
  • Total Scope 3
  • Year-over-Year Change

What are Global Business Travel Group's Scope 3 emissions?

In 2024, Global Business Travel Group reported total Scope 3 emissions of 2,528,160 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 3.12%of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.88%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Global Business Travel Group reduced its Scope 3 emissions over time?

Since 2019, Global Business Travel Group's Scope 3 emissionshave increased by 11,631.6%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Global Business Travel Group's Scope 3 emissions increased by 12,379.19%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Global Business Travel Group disclose?

In 2024, Global Business Travel Group reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Global Business Travel Group's Scope 3 emissions?

In 2024, the largest contributors to Global Business Travel Group's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 2,449,209 tCOâ‚‚e(96.88%)
  • Purchased Goods and Services (Cat. 1): 46,314 tCOâ‚‚e(1.83%)
  • Employee Commuting (Cat. 7): 12,427 tCOâ‚‚e(0.49%)

Global Business Travel Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(1.8%)Use of Sold Products(Cat. 11)(96.9%)

Insights into Global Business Travel Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Global Business Travel Group reported Scope 1 greenhouse gas (GHG) emissions of 424.8 tCOâ‚‚e and total revenues of USD 2,423 millions. This translates into an emissions intensity of 0.18 tCOâ‚‚e per millions USD.a

Global Business Travel Group's Scope 1 Emissions Intensity Compared to Peers

1002,00050,0002,000,00050,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)LSRoyal Caribbean CruisesYear: 2024Scope 1: 5,696,852 tCO2eRevenue: $M 16,485Scope 1 Intensity: 345.58 tCO2e/$MWendy'sYear: 2024Scope 1: 14,295 tCO2eRevenue: $M 2,246Scope 1 Intensity: 6.36 tCO2e/$MValvolineYear: 2024Scope 1: 21,727 tCO2eRevenue: $M 1,619Scope 1 Intensity: 13.42 tCO2e/$MTravel + LeisureYear: 2024Scope 1: 56,937 tCO2eRevenue: $M 3,864Scope 1 Intensity: 14.74 tCO2e/$MAlbany InternationalYear: 2024Scope 1: 31,085 tCO2eRevenue: $M 1,231Scope 1 Intensity: 25.26 tCO2e/$MYeti HoldingsYear: 2024Scope 1: 289 tCO2eRevenue: $M 1,830Scope 1 Intensity: 0.16 tCO2e/$MShake ShackYear: 2024Scope 1: 18,006 tCO2eRevenue: $M 1,253Scope 1 Intensity: 14.37 tCO2e/$MSteven MaddenYear: 2024Scope 1: 1,272 tCO2eRevenue: $M 2,283Scope 1 Intensity: 0.56 tCO2e/$MAirbnbYear: 2023Scope 1: 1,303 tCO2eRevenue: $M 9,916Scope 1 Intensity: 0.13 tCO2e/$MPeloton InteractiveYear: 2024Scope 1: 5,835 tCO2eRevenue: $M 2,700Scope 1 Intensity: 2.16 tCO2e/$MLa-Z-BoyYear: 2025Scope 1: 44,471 tCO2eRevenue: $M 2,109Scope 1 Intensity: 21.08 tCO2e/$MBooking HoldingsYear: 2024Scope 1: 2,268 tCO2eRevenue: $M 23,749Scope 1 Intensity: 0.10 tCO2e/$MHNIYear: 2024Scope 1: 48,252 tCO2eRevenue: $M 2,526Scope 1 Intensity: 19.10 tCO2e/$MKontoor BrandsYear: 2024Scope 1: 17,000 tCO2eRevenue: $M 2,608Scope 1 Intensity: 6.52 tCO2e/$MAdvance Auto PartsYear: 2021Scope 1: 105,649 tCO2eRevenue: $M 10,998Scope 1 Intensity: 9.61 tCO2e/$MGoodyear Tire & RubberYear: 2024Scope 1: 1,389,000 tCO2eRevenue: $M 18,878Scope 1 Intensity: 73.58 tCO2e/$MDorman ProductsYear: 2024Scope 1: 15,593 tCO2eRevenue: $M 2,009Scope 1 Intensity: 7.76 tCO2e/$MWhirlpoolYear: 2024Scope 1: 121,002 tCO2eRevenue: $M 16,607Scope 1 Intensity: 7.29 tCO2e/$MCarnivalYear: 2024Scope 1: 9,680,000 tCO2eRevenue: $M 25,021Scope 1 Intensity: 386.88 tCO2e/$MHanesBrandsYear: 2024Scope 1: 43,248 tCO2eRevenue: $M 3,507Scope 1 Intensity: 12.33 tCO2e/$MLLLeggett & PlattYear: 2024Scope 1: 203,793 tCO2eRevenue: $M 4,384Scope 1 Intensity: 46.49 tCO2e/$MSSSoho House & CoYear: 2024Scope 1: 10,273 tCO2eRevenue: $M 1,204Scope 1 Intensity: 8.53 tCO2e/$MExpedia GroupYear: 2024Scope 1: 5,534 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.40 tCO2e/$MNorwegian Cruise Line HoldingsYear: 2024Scope 1: 3,242,719 tCO2eRevenue: $M 9,480Scope 1 Intensity: 342.07 tCO2e/$MGlobal Business Travel GroupYear: 2024Scope 1: 425 tCO2eRevenue: $M 2,423Scope 1 Intensity: 0.18 tCO2e/$M

How does Global Business Travel Group's GHG emissions intensity compare to its peers?

In 2024, Global Business Travel Group reported a Scope 1 emissions intensity of 0.18 tCOâ‚‚e per millions USD. Compared to the peer group median of 10.97, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Global Business Travel Group rank on GHG emissions intensity within its industry?

In 2024, Global Business Travel Group ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Global Business Travel Group among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Global Business Travel Group's Total Carbon Footprint

In 2024, Global Business Travel Group reported a total carbon footprint of 2,530,019.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11,094.28% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Global Business Travel Group's total carbon footprint was Scope 3 emissions, accounting for 99.93% of the company's total carbon footprint, followed by Scope 2 emissions at 0.06%.a

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