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TRX, Buyers Suggest Green Air Practices.

Publication: Business Travel News
Publication Date: 21-MAY-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
TRX this month released new metrics and practices for corporate travel professionals to calculate and offset the carbon emissions caused by air travel, as buyers continue to gauge and implement sustainable travel policies and procurement practices.

Scott Gillespie, vice president and general manager of TRX's Travel Analytics, outlined ways in which travel buyers can minimize carbon emissions by using greener aircraft, avoiding connections, traveling via air alternatives or working with eco-friendly travel suppliers, during a presentation at the Association of Corporate Travel Executives conference in Miami this month.

TRX's Travel Analytics estimated companies seeking to offset emissions would have to spend between 1 percent and 2 percent of ticket costs. "Looking at several large companies that spend north of $80 million a year on air travel, we've seen that their emissions, using a benchmark price of about $15 per ton, is coming at between about 1 percent and 2 percent of their total air spend," said Gillespie.

Although the metric is the first solid benchmark estimating the cost of offsetting air emissions, Gillespie noted it comes with...

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