GlobalData offers a comprehensive analysis of Travelsky Technology, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Travelsky Technology‘s ESG performance. GlobalData’s company profile on Travelsky Technology offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

Travelsky Technology, a leading provider of products and services in the aviation industry, is committed to reducing its carbon emissions. In 2022, the company recorded 4,265.5 tons of direct (Scope 1) greenhouse gas (GHG) emissions and 112,082.6 tons of indirect (Scope 2) GHG emissions, resulting in a total GHG emission of 116,348.1 tons. The reported GHG emission intensity stood at 22.3 tons per RMB million of income. The company has set a target to reduce non-hazardous waste emissions within the park by 5% by 2025 compared to the levels observed in 2023. Additionally, the company aims to exercise control over the total amount of hazardous waste generated in the park, maintaining an average of around 1,000 per year by 2025. Travelsky Technology established long-term emission management targets for pollutants and successfully achieved them all in 2022.

The company has launched the TravelSky Business Travel Platform, a solution that improves corporate travel efficiency and reduces carbon emissions. To achieve its emission reduction targets, Travelsky Technology is implementing actions in three areas: technological, managerial, and through the introduction of carbon trading.

Travelsky Technology is carrying out projects aimed at reducing energy consumption and improving energy efficiency. It is also refining its operating temperature and heating mode, controlling air conditioning equipment and elevator operation, and strengthening energy-saving awareness among its staff. Additionally, the company is conducting research and development on green technologies to support low-carbon development.

Travelsky Technology is aware of the reputational risks linked to a lack of meaningful action in addressing sustainable development concerns, particularly those related to climate change. The company recognizes the growing importance of sustainable practices and acknowledges the imperative to tackle climate change. Given the high-carbon nature of the aviation service sector, there is a recognition that not advocating for low-carbon travel options may place the industry at a competitive disadvantage.

In conclusion, Travelsky Technology is dedicated to reducing its carbon emissions and has implemented various measures to improve energy efficiency and promote low-carbon practices. By leveraging technology and introducing carbon trading, Travelsky aims to contribute to the low-carbon transformation of the aviation industry.

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