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Travel Industry Accelerates Climate Goals, 53% of Companies Set Emissions Targets

Nov 20, 2024
Research  Sustainability  Travel News  World Travel & Tourism Council  
wttcreportemissions
Aviation reduced carbon intensity by 6% since 2019, while cruise and accommodation industries decreased emissions by 11%.
Credit: 2024 izzuan/stock.adobe.com

The global travel industry is rapidly advancing its climate commitments, with over half of leading companies now setting concrete emissions reduction targets, according to a new report by the World Travel & Tourism Council.

The council's second Net Zero Roadmap reveals that 53% of 250 analyzed businesses have established climate targets, up from 42% in 2021. One-third have committed to scientifically validated emissions reduction goals.

"Climate change is not a future threat – it's here, and we are all facing the consequences," said Julia Simpson, WTTC president and CEO. "Every step counts towards preserving our planet and the livelihoods of millions."

The report shows significant progress across industry segments. Aviation reduced carbon intensity by 6% since 2019, while cruise and accommodation industries decreased emissions by 11%.

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Niclas Svenningsen from the UN Framework Convention on Climate Change warned that business-as-usual is no longer viable.

"In a world where tourism destinations have been devastatingly impacted, acting on these pathways is the only way to maintain operations," he said.

The roadmap emphasizes tailored approaches for different sectors and highlights the importance of sustainable aviation fuel, which can reduce emissions by up to 80% over its lifecycle.

Challenges remain, including complex emissions tracking and regulatory alignment. However, the industry is moving forward, with 75% of global travelers expressing desire for more sustainable travel options.

The report calls on governments to provide incentives and subsidies to help businesses meet their climate targets and protect vulnerable destinations.

Editor’s Note: This article was generated by AI, based on a press release distributed by World Travel & Tourism Council. It has been fact-checked and reviewed by a TravelAge West editor.

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