American Express Global Business Travel (GBT) is now enabling clients to buy carbon offsets on preferred terms from two non-profit organisations: CarbonFund.org and Carbon Footprint.
The TMC’s clients can choose which offset activity they wish to support from a variety of project types, price points and locations worldwide. Each project is independently verified and validated.
Clients will receive a donation e-receipt for their payment amounts, as well as a customised e-certificate showing the quantity of carbon offsets purchased and retired with their donations.
“Carbon transparency is top of the agenda for our business partners globally as we all collectively prepare for a low-carbon future,” said Si-Yeon Kim, GBT’s chief risk & compliance officer and executive chair of the TMC’s environment, social and governance (ESG) group.
“We’re proud to partner with CarbonFund.org and Carbon Footprint to offer businesses a credible, reputable, and effective way to go carbon neutral with an end-to-end offsetting solution to help them meet their carbon targets as part of their broader sustainability strategy.”
GBT already partners with CarbonFund.org to achieve its own sustainability goals, offsetting 100 per cent of its annual business travel emissions in 2019 and has pledged to remain carbon neutral in the future.