ao link

 

Step 1
Credit: Marcus Spiske / Pexels

If fear is holding you back, TTG Media owner and CEO Daniel Pearce has some advice: "Finding your 'why' is crucial for authentic communication.

 

"As a media organisation, not a supplier of travel, TTG Media’s contribution to the travel and tourism sector’s carbon footprint is relatively small. But our ability to influence and unify the industry community into taking action on climate change is considerable, such as through TTG Fairer Travel Month or our TTG Sustainable Travel Heroes initiative.

 

"Discovering your own purpose can sharpen your focus and ensure that you remain relevant as a business in the future."

 

Waiting for it to become a legal requirement

 

To date, many organisations have not considered sustainability a priority as there was no legal requirement to report on their environmental impact. With the introduction and planned expansion of the EU-led Corporate Sustainability Reporting Directive (CSRD), this is set to change.

 

Currently, EU businesses turning over more than €40 million a year must submit non-financial (sustainability) reports alongside their financial accounts. By 2030, every business will be within the scope of the CSRD, including SMEs, and fines for non-compliance will be up to 5% of global turnover.

Step 2
Credit: iStock

While the CSRD is an EU-led initiative, similar legislation is currently being planned within the UK, the US and some Asian nations, reflecting a global recognition of the importance of corporate social responsibility and transparency in addressing environmental impact.

 

Compliance with CSRD requires a solid understanding of its requirements and a detailed internal assessment, supported by accurate and transparent data and robust data management systems. Forward-thinking businesses will view it as a strategic opportunity to adopt the right tools and seek necessary guidance now to maintain a competitive edge and stay ahead of the evolving requirements.

 

Why does it all matter?

 

It's crucial for the future of the travel industry – and our planet – that we reduce the environmental impact of tourism; as pressure grows from customers, governments, and investors, the spotlight on companies - particularly the largest - will intensify.

 

If your travel business hasn't yet begun its journey towards sustainability, take a moment to consider what’s holding you back. Identifying and addressing these challenges promptly is crucial, and the TerraVerde team can help you quickly recognise roadblocks and construct a practical pathway towards a greener future.

Next steps and more information

For more information on ITT’s sustainability programme, visit itt.co.uk

 

For more information on TerraVerde Sustainability, visit terraverde-solutions.com

 

The evaluation of the UK's top 50 Atol holders' websites was based on the following criteria:

 

  • First, the presence or absence of sustainability discourse on the company's website;
  • Second, the publication of formal sustainability documents and plans;
  • Third, the comprehensiveness of these documents (documents were considered comprehensive if actionable steps were roadmapped); and
  • Fourth, which plans aligned with science-based targets and the GHG Protocol Corporate
Fairer Travel Sustainability Forum | Thursday 11 July, The Barbican London

Be inspired to take the next steps in your sustainability journey 

 

Join us for a full day packed with practical advice and honest case studies, designed to help you make a real difference to your business’s sustainability strategy and create a fairer industry for customers, staff and the destinations you operate in.

 

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Patrick Richards

Patrick Richards

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