Industry Research

Corporate Green Programs Still in Place But Less Important

Posted on February 12, 2009 by LCT Staff - Also by this author - About the author

Companies are still committed to a Corporate Social Responsibility platform, but certain aspects of CSR, such as green forms of business travel, are beginning to suffer in the recession as organizations prioritize cost-saving over supporting sustainable travel, according to the latest opinion poll by the Association of Corporate Travel Executives and KDS. Companies are still committed to a Corporate Social Responsibility platform, but certain aspects of CSR, such as “green” forms of business travel, are beginning to suffer in the recession as organizations prioritize cost-saving over supporting sustainable travel, according to the latest opinion poll by the Association of Corporate Travel Executives and KDS.

The study of 329 travel managers and business travelers from around the world found that 61% of organizations now have a CSR charter, compared with 59% in 2008. Moreover, almost 30% of corporate travel departments are required to report carbon emissions performance to management.

However, the survey also found that this commitment to CSR does not translate into greener travel choices, which are often more expensive. Almost 80% of companies rated cost-cutting as the top business travel concern, while environmentally sustainable travel is a high priority for only 17%.

Source: Environmental Leader

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