Sustainability
Published
2/23/23

Corporate carbon offsetting: who are the best?

Tom Bengaouer
Responsable Communication & Marketing

At a time when environmental responsibility is becoming a central issue for companies - particularly with regard to global warming, climate change and the preservation of biodiversity - the question of carbon offsetting is becoming increasingly important, particularly in the business travel sector. Business travel, essential to the growth and competitiveness of companies, accounts for a significant proportion of greenhouse gas emissions, and even hidden emissions that are not always included in the traditional carbon balance sheet. Faced with this reality, many agencies are positioning themselves as strategic partners to support companies in corporate carbon offsetting, effectively managing their carbon credits and overall carbon footprint. But who are the best players in carbon offsetting for business travel agencies? How can you choose the solution best suited to your needs and values, while avoiding greenwashing practices? This article offers a comprehensive overview of best practices and the main players on the market, to help companies make informed, responsible choices.

Why is carbon offsetting crucial for business travel?

The business travel sector is one of the most exposed to climate issues. According to the International Energy Agency (IEA), transport accounts for almost a quarter of global CO2 emissions, and also contributes to the release of greenhouse gases. Business travel is increasingly analyzed as part of a company's carbon footprint, especially as some journeys generate carbon credits that are essential for voluntary offsetting. What's more, business travel contributes to global warming and directly affects carbon sinks, which are essential to ecological balance.

Companies, concerned about their image and environmental impact, are massively turning to corporate carbon offsetting to offset the negative impact of their activities. Carbon offsetting involves financing GHG emission reduction or sequestration projects - including carbon credits from reforestation projects, renewable energy development, energy efficiency improvements or support for local communities - in return for the emissions generated by a given activity. The aim is to achieve carbon neutrality, or even to generate a positive impact on the environment.

For business travel agencies, offering corporate carbon offset solutions is no longer an option, but a necessity. This not only enables them to meet their customers' expectations, but also to differentiate themselves in an increasingly competitive and demanding market.

Criteria for choosing a corporate carbon offset solution

Before presenting the best players on the market, it is essential to recall the main criteria to be taken into account when choosing a carbon offsetting solution adapted to the needs of business travel agencies and their customers:

  • Transparency: offset projects must be clearly documented, with accessible and verifiable impact reports, particularly with regard to the management of carbon credits.
  • Certification: Favoring projects certified by recognized international standards (Gold Standard, VCS, Plan Vivo, etc.) guarantees the quality and credibility of the actions undertaken. This approach strengthens the company's carbon footprint by ensuring the quality of the carbon credits involved.
  • Additionality: Projects must demonstrate that they would not have been possible without the carbon offset funding.
  • Traceability: It is crucial to be able to track the use of funds and the progress of projects, thus guaranteeing the compliance of the carbon credits financed; this tracking also protects against any risk of greenwashing.
  • Fit with CSR strategy: The solutions chosen must fit in harmoniously with the company's corporate social responsibility policy, and reinforce the carbon footprint with concrete measures.
  • Simplicity of integration: the proposed tools must be easy to integrate into business travel booking and management processes, enabling automated calculation of carbon credits and monitoring of carbon footprints.

The best players in carbon offsetting for business travel agencies

1. EcoAct (Atos group)

EcoAct is one of Europe's leading carbon strategy and offset consultancies. The company supports numerous multinationals in measuring, reducing and offsetting their emissions, in particular by integrating the carbon credit dimension into their carbon balance sheets. For business travel agencies, EcoAct offers tailor-made solutions, including automated calculation tools, dedicated portals and a portfolio of certified projects worldwide, perfectly suited to the needs of corporate carbon offsetting.

2. ClimatePartner

ClimatePartner has established itself as a benchmark in carbon offsetting, thanks in particular to its intuitive digital platform. Business travel agencies can integrate the calculation and offsetting tool directly into their booking systems, making it easier for corporate clients to manage their carbon credits and carbon footprint. ClimatePartner offers a wide range of certified projects, from reforestation to ocean protection, and emphasizes transparency through a unique traceability system.

3. South Pole

South Pole is a global player in carbon finance, recognized for the diversity and quality of its projects. The company works with numerous players in the business travel industry to offer offsetting solutions tailored to each company profile, particularly in the context of corporate carbon offsetting. South Pole also offers consulting services to help agencies structure their offer, optimize their carbon footprint and raise their customers' awareness of the stakes of carbon credits in the fight against climate change.

4. GoodPlanet

The GoodPlanet Foundation, set up by Yann Arthus-Bertrand, offers certified carbon offset projects, focusing mainly on reforestation and sustainable development. Although more oriented towards French companies, GoodPlanet offers solutions tailored to business travel agencies wishing to promote projects with a strong social and environmental impact, while improving their carbon footprint and carbon credits, essential elements for effective corporate carbon offsetting.

5. Myclimate

Myclimate is a Swiss non-profit organization specializing in voluntary carbon offsetting. It offers precise calculation tools and certified projects in over 30 countries. Business travel agencies appreciate the flexibility of the offer, as well as the possibility of customizing impact reports for their customers to optimize their carbon footprint and correctly value their carbon credits.

6. Carbo

Carbo is a French start-up that stands out for its educational and digital approach. It offers an easy-to-use platform enabling business travel agencies to calculate, reduce and offset their customers' carbon footprint, while integrating the notion of corporate carbon offsetting into their processes. Carbo focuses on transparency and community involvement, with local projects that strengthen carbon sinks, and offers clear communication for the traceability of carbon credits.

How can carbon offsetting be integrated into business travel agency offers?

Business travel agencies need to integrate carbon offsetting seamlessly and transparently. Here are a few best practices to adopt:

  • Automate emissions calculations: Integrating calculation tools into booking platforms automatically estimates the carbon footprint of each trip, while at the same time tracking the carbon footprint and carbon credits generated.
  • Offer offsetting as an option or by default: Agencies can offer their customers the option of offsetting their emissions at the time of booking, or include corporate carbon offsetting in their standard offers to help combat global warming.
  • Communicate on projects supported: Highlighting the offset projects chosen, with detailed information on their impact - whether in terms of preserving carbon sinks or reducing carbon credits - reinforces the agency's credibility and the commitment of customers.
  • Team training: Raising travel advisors' awareness of climate issues, climate change and voluntary carbon offsetting enables them to better support customers in their approach, avoiding any greenwashing.
  • Measuring and valorizing results: Providing regular reports on offset emissions, improved carbon footprint and carbon credits generated, as well as the environmental benefits generated, is a major asset in building customer loyalty.

Market trends and outlook

The carbon offsetting market is evolving rapidly, driven by regulatory pressure, customer expectations and technological innovation. Several trends are taking shape over the coming years:

  • Digitization of tools: Offsetting platforms are becoming increasingly integrated and automated, making it easier for business travel agencies to manage their carbon footprint and carbon credits.
  • The rise of local projects: Companies are increasingly keen to support projects close to their headquarters or areas of activity, in order to strengthen their social and environmental impact and optimize their corporate carbon offsetting.
  • The emergence of "insetting" offsetting: In addition to traditional offsetting, some agencies now offer emission reduction projects directly linked to their customers' value chain, improving both their carbon footprint and the management of carbon credits.
  • Transparency and traceability: Customers are demanding concrete proof of the impact of the projects they support, which is prompting market players to strengthen their monitoring and reporting systems to avoid any accusations of greenwashing.

Conclusion

Carbon offsetting has become an essential lever for business travel agencies wishing to accompany their customers towards more responsible mobility. By integrating the notion of corporate carbon offsetting into their strategy, they not only optimize their carbon footprint and the management of carbon credits, but also meet the challenges of global warming, climate change and the preservation of carbon sinks. Given the diversity of offers and players, it is essential to prioritize transparency, project quality and seamless integration into business processes. Industry leaders such as EcoAct, ClimatePartner, South Pole, GoodPlanet, Myclimate and Carbo offer innovative solutions tailored to companies' specific needs. By relying on these partners, business travel agencies can not only reduce their environmental impact, but also strengthen their positioning in a fast-changing market, where the demand for sustainability and the fight against global warming are stronger than ever.

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