Climate action plan
Helping the travel industry with regulatory, financial and strategic problems is what we do best, and some of the biggest travel companies in the world trust us to solve their problems. We provide expert advice and services while positively impacting our people, clients and communities. We recently became a certified B Corp and committed to delivering an effective climate action plan by signing the Glasgow Declaration. This will set out our strategy to reduce our environmental impact and allow us to support our clients through their sustainability journeys.
Measure
In 2023, we started measuring the environmental impact of our offices and staff across the three companies in the TTC group. We consulted with sustainability experts Terraverde to ensure we accounted for all aspects of the business. Using 2022/23 as our base year, our group emissions were 29.5 tonnes CO2e. Going forward, we’ll continue measuring our carbon emissions each year.
Our data collection revealed that our top three sources of emissions were:
1. Business travel
2. Homeworking
3. IT
Reduce/decarbonise
We’re a low-impact company, with our team working predominantly remotely, but we recognise there are still areas for improvement, and we’re committed to lowering our emissions. We’re taking steps to reduce the impact of our business by;
- Minimising air travel;
- Incentivising staff to move to renewable energy suppliers and;
- Reducing our digital footprint.
Regeneration/removal
Throughout 2024 we’ll be looking at ways to support the regeneration of carbon in the environment alongside our plans to reduce our own consumption.
Our efforts to reduce our carbon footprint are in their infancy; therefore, our current priorities are to focus our efforts on reducing our footprint in the areas that allow it. Following our data collection in 2024, we will look at ways to support carbon regeneration in the environment alongside further plans to reduce our consumption.
Communicate/collaborate
We recognise that due to our small carbon footprint, our primary role is communicating and collaborating with our industry peers. We will share our journey and plans for the future, initiate conversations with industry partners and clients, and engage with communities such as B Corp’s ‘B-Hive’ and the Travel by B Corp collective. We hope that through the power of communication and collaboration, we can not only encourage others to join us on this journey but learn and challenge our thoughts and approaches to continue to use our business to positively impact the lives of our people, our clients and the community we live in.
Testimonials
We’ve worked with a wide range of clients over the years, from household names to brand new start-ups.
Here are what some of them had to say about our services.
"We appointed TTC to assist with the regulatory aspects of carving Travelopia out of the TUI Group. Martin and his team worked closely with the senior management team throughout the very complex transaction process, providing advice and guidance on all licensing and bonding matters. TTC's in-depth knowledge of the ATOL, ABTA and IATA requirements and their previous travel sector transaction experience was invaluable in helping us conclude a successful sale to KKR."
"We asked TTC to help us secure an ATOL to launch Trip.com in the UK market. Simon and the team have been fundamental in getting the licence approved. Working with them is like having an extended team member we can call on at any time."