Hotelbeds joins Amazon and The Climate Pledge in urging industries to become net zero carbon by 2040

We’ve just become the latest company, and the first B2B travel business, to join Amazon and The Climate Pledge in urging industries worldwide to become net zero carbon by 2040, a decade ahead of the Paris Agreement.

This news comes within weeks of us publishing our second Corporate Responsibility Report, which you can read elsewhere in this newsletter, and our certification as a Carbon Neutral business for the third year running.

As a signatory to The Climate Pledge, we agree to:

• Measure and report greenhouse gas emissions on a regular basis;
• Implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies;
• Neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially-beneficial offsets to achieve net-zero annual carbon emissions by 2040 — a decade ahead of the Paris Agreement’s goal of 2050.

Hotelbeds’ Executive Chairman, Joan Vilà, said: “As the leaders in our sector, we have a clear responsibility to demonstrate to you, our stakeholders, that we operate a responsible, transparent business model and that we take very seriously the environmental impact we have.

“We recognise our critical responsibility to protect our planet and the destinations where we operate, and we believe this is a time to double down on our investment to create a more sustainable future. This is why we are thrilled to be part of The Climate Pledge and to give our strong commitment to being net zero carbon by 2040.”