Sustainability

In 2021, TCG introduced its 18th TCO Component, officially updating our TCO-TMPE® (Total Cost of Owner Travel, Meetings, Payment and Expense) methodology to include the Cost of Sustainability in an integrated TMPE program. 

Our Commitment

As the global leader for independent strategic advisory and management services, TCG drives leading organizations to initiate, integrate and optimize their sustainability initiatives within their corporate Travel, Meetings, Payment and Expense Management programs.

Sustainable Travel Trends

In today’s rapidly changing world, it is crucial for businesses to embrace sustainable practices. Check out our new post on 5 trends in sustainable travel.  Together we can contribute to a greener future for the travel industry. Download the infographic.

Download Infographic

Sustainability Climbing to the Top

Sustainability within the business travel industry has been on the agenda for organizations in a wide variety of sectors much longer that we think. Greenhouse gas emissions are a critical component of how companies are measuring sustainability.  These are categorized into three groups (or scopes) by GHG Protocol, which provides the most widely used international accounting and reporting standards.

TCO Impact Driven

Our TCO-TMPE solution is widely adopted as the cornerstone to solve program maturity and enable broad spend-under-management.

 

Organizations are looking into allocating spend and ways to budget sustainability initiatives into their TMPE program.

TCG & Sustainability

Many organizations are focusing on sustainable development, with emphasis on managing the total cost of Travel & Expense (T&E) and reducing  CO2 emissions.

For business development and strategic imperatives, TCG looks at sustainable business travel from a holistic view. This includes:

  • Organizational Policies
  • Expense Reports
  • Costs of Managing Sustainability
  • Costs of Reporting
  • Manpower needed to manage Sustainability
  • The Travel Booking and Expense Processes
  • Workflow and End-to-End Process Post & Pre-Trip for the Traveler
  • Awareness & Tracking of Emissions

Learn more by downloading the ebook.

Download 18th TCG Component eBook