Risk Factors Protecting the Planet Because every company needs to be current on what matters now. For the most successful companies, global consciousness and transparency are fast becoming essential traits known as Environmental, Social, and Corporate Governance (ESG). As Harvard Business Review put it in March 2021, “An ESG reckoning is coming.” And not incorporating ESG into your travel and finance programs could be damaging to your business. Two areas to consider: Measuring the carbon Creating sustainable footprint of travelers spend processes Risk Mitigation Secrets ● Show travelers a carbon footprint comparison when they book and encourage options that are less impactful to the environment (ie. train vs. flying) when possible. ● Hold everyone on your business’s supply chain accountable for their carbon footprint and ESG goals, to assist in building a sustainable spending program.
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