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.

Website

investors.amexglobalbusinesstravel.com

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... Show more

Global Business Travel Group's GHG Emissions Data Preview

In 2023, 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 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 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)	2023	2022	2021	2020 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Categories of Scope 3 (1 category)
Business Travel (Cat. 6) Emissions from business-related travel by employees, such as air travel, car rentals, and accommodations.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000

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Verified Sources Behind Global Business Travel Group’s Greenhouse Gas (GHG) Emissions Data

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a. Global Business Travel Group's ESG Report 2023

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Insights into Global Business Travel Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Global Business Travel Group amounted to 2,342 metric tons of CO2 equivalent. This figure reflects indirect emissions from purchased energy (Scope 2). ^a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Global Business Travel Group decreased by 22.76%, showing that the company has made progress in taking action to reduce the climate impact of its operations. ^a

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

In 2023, Global Business Travel Group reported Scope 2 greenhouse gas (GHG) emissions of 2,117 tCO₂e using the market-based method and 2,342 tCO₂e 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 69.22%, reflecting a declining long-term trend in Scope 2 emissions over time. ^a

Compared to the previous year (2022), Global Business Travel Group's Scope 2 emissions (Location-Based) fell by 22.76% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. ^a

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

In 2023, 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

Total Scope 2 Location-Based
Total Scope 2 Market-Based

Insights into Global Business Travel Group's Value Chain Emissions

In 2023, Global Business Travel Group reported 20,259 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. ^a

The 2023 disclosure of Global Business Travel Group includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. ^a

Global Business Travel Group's Scope 3 Emissions Over Time

Total Scope 3
Year-over-Year Change

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

In 2023, Global Business Travel Group reported total Scope 3 emissions of 20,259 metric tons of CO₂ equivalent (tCO₂e). ^a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% 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 emissions have remained relatively stable, indicating that Global Business Travel Group 's emissions have plateaued with no significant change in its value chain footprint. ^a

Compared to the previous year (2022), Global Business Travel Group's Scope 3 emissions increased by 18.58%, suggesting that the company faced challenges in reducing emissions across its value chain. ^a

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

In 2023, Global Business Travel Group reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. ^a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2023, the largest contributors to Global Business Travel Group's Scope 3 emissions were: ^a

Business Travel (Cat. 6): 20,259 tCO₂e (100%)

Global Business Travel Group's Scope 3 Emissions by Categories

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