Commercial, Energy Efficiency, GHG Emissions - May 7, 2024
Expedia Group Sets 2040 Goals
Expedia Group, a platform that provides travel options, published its inaugural Climate Action Plan and shared a commitment to reach Net Zero greenhouse gas (GHG) emissions by 2040, seeking to lower Scope 1 and 2 and upstream Scope 3 GHG emissions by at least 90% by 2040.
The company’s interim targets include the following:
- Reduce Scope 1 and Scope 2 GHG emissions 75% by 2030.
- Continue to source 100% renewable electricity annually through 2030.
- Engage in its value chain to ensure 75% of suppliers by emissions set science-based targets by 2028.
Expedia’s next steps include developing a net zero roadmap which outlines the path to achieving these commitments.
Details were released in its 2023 Global Impact Report.
"Expedia Group continues to focus on making a positive impact across the travel industry, concentrating on the connection between our employees, partners, travelers and communities," said Peter Kern, vice chairman and CEO, Expedia Group in a statement. "We have expanded our environmental and community initiatives through the launch of programs like the Made to Travel™ Fund, which awards grants to nonprofits that share our goal of removing barriers to travel. Holding ourselves accountable, this report highlights our actions, progress, ongoing commitment, and vision for the future of travel."
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