Booking Holdings’ latest sustainability report stated that greenhouse gas emissions would decline by 2024.
The company has also announced that they will be scrapping a key goal: They will no longer strive to get more than 50% of its bookings coming from sustainable accommodation by 2027. The company blamed the change on regulations.
Takeaways from this report include:
1. Greenhouse Gases Emissions Decline
Booking Holdings says that emissions in the entire company will be lower in 2024. This includes those related to its own operations, such as electricity and heating at its offices.
These emissions are only a fraction of the total footprint of the company, but they are 85% lower in comparison to 2019. This is largely because the company has been using more renewable electricity, and also other initiatives such as installing solar panels in its Bengaluru offices.
The remaining 99% of emissions also dropped in 2024. They include Scope 3 emission of the company, and all indirect emissions from production and transport goods and services.
The supply chain emissions dropped from 652,316 to 544 606 tonnes of CO2.
