FCM has partnered with South Pole, a leading expert in global climate action and project development, to launch a new global carbon offsetting programme.
The South Pole partnership will allow FCM to support multinational clients in setting up a solution to neutralise the carbon impact of their business travel and will make a significant difference in helping them meet their sustainability goals. It enables clients to offset against global flights, hotel accommodation, rail bookings, car rental and other business travel components.
FCM is already committed to offset all staff travel from January 2019, and will continue to do this moving forward. FCM can calculate, record and report monthly or quarterly CO2 emissions globally per item for each client, who can then choose from specific climate action projects against which to offset their total carbon footprint.
FCM and South Pole have compiled a list of 12 positive environmental impact projects worldwide, including forestry conservation or restoration and community energy or water programmes. Each is a global standard sustainability project. Examples include Access to Clean Water for Better Health in Cambodia; Solar Power for a Cleaner Energy Future in India; Kariba Forest Protection in Zimbabwe; and Uretim Osmaniye Wind Farm in Turkey. The offsetting price for each project ranges from US$3.70 to US$15 per tCO2e. Clients can select one or up to four projects to suit their budget, geographic area and preferred impact categories.
The partnership also dovetails with the development of FCM’s new proprietary platform technology, which puts sustainability at the heart of the booking process, helping employees make better decisions regarding their carbon footprint, while helping organisations meet their global sustainability goals. FCM Platform’s sustainability dashboard shows travellers their individual CO2 travel stats and enables travel managers to see total carbon footprint and CO2 savings achieved. Depending on the specific corporations’ needs, moving forward we will also be able to show a sustainability dashboard with carbon credits and their offsetting projects.
Marcus Eklund, Global Managing Director, FCM, commented, “We’re making sustainability a core pillar of our customer offering for 2021, putting greater focus on guiding and supporting clients with their objectives, particularly in terms of CO2 reporting and a global net zero solution that enables them to contribute to positive climate action. Sustainability has moved higher up our customer’s business travel agenda, despite the impact of Covid-19. In fact, after the travel bans of 2020 enabled companies to reduce their carbon footprint from travel significantly many are not only re-emphasising their overall environmental objectives post-Covid, they’re making them an integral part of travel policies and RFPs.”