Learn how corporate sustainability can influence and improve your travel policy.
In this webinar, Fabio Griemens, Head of Strategy & Operations at FREE NOW for Business and James Dent, ESG & Sustainability Analyst at Travelperk, looked at the origins of corporate sustainability and why it’s becoming more relevant for everyone related to your business; customers, prospects and employees alike. Fabio elaborated on what this means for the corporate travel sector and how you can move towards a greener travel policy.
You will find great insights about;
-Background to corporate sustainability,
-Growth of corporate climate strategy and net-zero targets,
-How climate strategies can help to reduce costs,
-Increase business opportunities/client retention and increase access to capital,
-How to make your travel policy greener,
-Is micro-mobility a viable option for employee travel?,
-What does this mean for the company car?
Watch this free webinar now to learn more about how corporate sustainability can influence and improve your travel policy.
Learn more: https://www.free-now.com/uk/business/business-travel/
Yeah good morning everyone I’m just going to give everyone um maybe another minute or two to just get logged in um and then we will kick things off um so yeah we’ll just we’ll just take another minute or so just to give everyone a chance to to get set up and get logged
In yeah morning everyone that’s logging in there um I can see the the numbers going up and up so we’re just going to give everyone just a little bit of time to guess to get logged in okay so we’re we’re just we’re just at 10 o’clock so um we still have people
Joining um so welcome everyone that’s joined just now um but yeah we’ll we’ll just start to kick into it and get things H introduced and get the ball rolling um so firstly just a huge thank you for everyone for joining us this morning so on our um joint webinar
Between travel perk and free now for business on the topic of why sustainability is big for business in 2022 um so I mean obviously sustainability has been one of the key topics throughout so what we are in for this morning is just a really interesting session on you know um two
Very different perspectives but a lot of commonality between the two um so while uh people are still kind of just getting logged in what I will do is um just encourage everyone to join slido so slido is what we’re using for our our Q&A so you can either um join two ways
So if you just go to slido.com so all you need to do is open maybe another browser and just type in slido.com and then just pop in that code so F n4b and then the other way you can do it is actually just hold your phone up so
If you open your camera on your phone and scan the QR code you’ll actually just be presented with a bar along the top that you can click on and then you’ll be brought directly to that page where you can kind of ask questions um so we would encourage everyone to take a
Second and do this now um because we have three questions for you and three presentation and I think it’s a really good way to just um I suppose bring you into the into the webinar as well h a nice bit of Engagement and Al also we really really want to hear from everyone
As well um so we’ve had lots of great questions and when we’ve done this in the past so really do um join in and then we’ve got a couple um just more general questions and just a bit of fun just to kind of see uh See you know like
For example where people are joining in from so do either go to slide out.com or scan the QR code and then you can kind of get to the page there um so we’ll just give everyone a moment or two to do that now um and in the meantime I will
Introduce myself and the speakers and then we’ll kick off into our first uh question to the group h and a question to the audience as well so do download the slider in between um so I suppose just to kick things off um welcome everyone again and my own name is Alish
Odonnell and I’m the head of sales um I’m the head of sales for our Irish Market if my accent didn’t give it away already um but what we what I would focus on is just helping match Mobility solutions to corporate llies um and then our two speakers who will um I suppose
Be making up the bulk of this webinar today are James Dent who is ESG and sustainability analyst from travel perk and then H Fabio geman from free now for business and he is our director of strategy and operations um so James is the internal sustainability lead at
Travel perk he has more than 10 years of experience in senior roles in the technology sector so during his studies in climate exchange and finance at Imperial College he founded suin so that was a software consultancy firm specializing in sustainability Services aimed at corporate travel and carbon reporting and that’s actually been
Recently acquired by travel prick um so welcome James and then on Fabio and so he as I say is our director of strategy and operations within freen now and within the freenow for business arm of our company um so focused on business and sales operations as well as strategy
And digital transformation to shape the future of mobility and business travel um so just to welcome uh both of our speakers as well and what we will do now as I say is we will just kick things off with our first question um so just if
Anyone didn’t get to sand to hold up their phone and scan the QR code there it is again and just to kick things off so with travel having recently opened back up um I suppose in a in a bigger way recently so whether that’s personal travel uh business travel or H actually
Just working somewhere else so not working from where you’re based we’re probably going to have a bit of a mix um of uh where where people are based um so what we’d love to know is just where in the world are you dialing in from today
So yeah so gosh we have so many there already so we’ve got Sweden New York Wales Sydney Australia so I’m actually not sure what the time difference is there but I imagine it’s quite late H Ireland Barcelona Lisbon war that so well so such a mix so
It really does show like I think that the the H I suppose the the movement of people and travel is really really starting to to open up which is great someone were at home so that’s that’s nice I’m I’m I’m still in my home so the
Work from home is still still alive and strong got Berlin Oxford great so we’ve got we really do have quite a great mix there so it’s just really nice to to see that um that you know that this many people in all these different locations can actually come together for the
Webinar um so without further Ado I will hand over to James so I mean with the the top topic of the webinar being around why sustainability is big for business since 2022 it would be really great to get two different perspectives on the same topic um so James without
Further ad Ado I will hand over to you H to give us your Insight um on all your topics thanks Alish um hi everyone good morning yeah or good afternoon or um good evening I guess depending on where you’re from in the world so I’ll just
Give you a beef overview of what we’re going to go through today um so we’ll start with a very very brief background to the history of kind of corporate sustainability um then go through some graphics to highlight um kind of the r the rapid growth in the in the sector um
We’re going to attempt to kind of discuss where we’re at now and um what we need to do to get to where we want to be in the future um provide some insights um hopefully which can show how data can be used to improve sustainability as well as reduce costs
Um and then finally we’re going to show how a travel per product called Green per can help form part of um a sustainability strategy so if we move over to to looking at the background um of sustainability um as um as I mentioned um previously so the the first
Kind of major step I guess towards um kind of global acknowledgement of sustainability something called a Curative protocol I appreciate that’s quite small but that was a kind of a big um Gathering of of of the Nations and um institutions in 1997 um and that was yeah the kind of the
First major step to the world’s acknowledgement that we need to do something about sustainability um where there was the acknowledgement that um we need to be responsible to everyone’s responsible to kind of protect the environment we need to try and limit greenhouse gas emissions um from then
Till um 2016 in the Paris climate agreement there wasn’t major nothing major really happened they weren’t any major real changes um but Paris is kind of a big step in this this whole concept of of corporate sustainability um whereby um this is the first time that basically Nations acknowledged something
Called anthropogenic climate change which means man-made climate change so all the major Nations um kind of Institutions accepted that the science that essentially humans are contributing to global warming um and 196 countries agreed to reduce greenes gas emissions to try and keep um global warming below
Well below two two degrees pre at pre industrial levels and then since then um there’s been a a rapid acceleration of let’s say Net Zero pledges um and climate related legislation so kind of from from 1997 to 2016 everyone kind of acknowledged we need to do something
About this and in in Paris it’s kind of like okay we actually need to do something about this now and from from then till now there’s been this this rapid growth um in the market um so if you look at kind of what’s what’s currently going on in the market Um um so I’m I’m going to show you two different slides I think that the two different graphs sorry the key takeway here is um essentially the growth in the graphs so so this graph is looking at climate related disclosures so think about big companies in the world who
Actually want to communicate um either to to their clients um to investors um basically what what their environmental impact is um and the growth of these companies who are making these climate disclosures is increasing kind of doubling year on year so this is becoming a really big thing and it’s
Only going to grow and and get bigger and bigger um and then if we look at um the other side which is looking at um kind of actual science-based targets so this is not just companies who are saying this is what our emissions are these are companies are saying we’ve now
Worked out what our emissions are and we’re going to pledge to reduce our emissions by a certain amount all go net zero and this is exactly how we’re going to do it so we’re going to we’ve already done some analysis we looked at the data and we’ve we’ve made um a a decision
Based on on the science the scientific evidence and this is how we’re going to reduce our emissions and if we look roughly at the size of the market um at the minute we’ve got 14 trillion dollars worth of sales so that’s companies of who have net zero emissions targets have
$4 trillion dollars worth of sales every the minute and this is growing almost doubling year on year so it’s a huge Market that’s growing um so if we look at um try and think about kind of the this this transitional state that we’re in So at the minute we’re we’re in a
State where everyone is kind of aware of this concept of sustainability we need to do something about it and we want to move to a situation where um we’ve we’ve actually transition to a lower carbon economy and we have this kind of Gap in the middle um and in this Gap what what
Do we need to plug this Gap we actually need kind of low carbon technology we need data driven analytics and we need to have increased kind of climate disclosures and and um climate pledges um so if we move uh trying to think about um the solution so if we can go on
To the next slide please um so this is um an example of a company I’m guessing a lot of you would have been familiar with um so this PWC and if you can see this graph is indicating essentially there’s a downward Trend it’s two things one there’s a downward trend of their
Their overall emissions so even though they’ve grown as a business they’re actually they’ve actually done very well and and theyve been able to reduce their emissions what they haven’t been able to do really is um kind of reduce their business emissions so that’s remain quite constant um so if we think of
Overarch overarching concept of of let’s say we want to reduce our emissions we want to go to Net Zero how is someone like P see going to actually reduce their emissions that that concept of business travel emissions um and hopefully what we can show is um by
Using data driven analytics we can set baselines we can create emissions reduction targets we can set travel policies and we can also um kind of help to to um add carbon offsetting into the mix to to have a kind of an overarch and strategy um so if we look at um some
Kind of real case analysis um so let’s think we we remember that graph there was emission reduction generally but um business travel remains static so how can we reduce business travel um emissions for companies so this is real data of of a of a client um they do a lot of CPS from
Um basically South Pao to Frankfurt so Germany to Brazil um so it’s almost 600 flights um and the the graphs below basically show that the two main ways that they they travel on that route one is Lanza so that’s LH the other one is latan that’s La um and we can see
Essentially predominantly in the pie chart on the left predominant they use Lanza um and then if we look at the bar on the right you can see there’s a cost so an average cost and an average carb for footprint you can see the LIF hander
Um so on the right has a higher cost and a higher Cal footprint so those two things are actually correlated so as a as a strategy for a business we can we can look at this and we can say okay if you actually switched on that route from
Using LT tanza to latam because latam using an Airbus 350 for theat Route which is much more efficient you can one reduce your costs and two you can reduce your carbon footprint and we can actually calculate exactly how much they could reduce the Caron Forin which is around
36% um so for company if they’re trying to create a travel policy um around reducing their emissions and they’re trying to set a Target we can do this sort of analysis and we can help to to set a Target and help reduce your emissions so if we go on to to another
Example um so one we’ve shown kind of changing um uh moving to a different type of aircraft another example would be let’s say changing from direct to indirect um so this a similar sort of concept this is a specific route where a company um does a lot of trips but
There’s an option to go direct and there’s an option to to basically have a stop off um again if you can see in the bar chart on the bottom you can see the the stop off actually has a much higher cost on average and a higher C Forint so
From a strategy point of view if we can isolate this route um and try and encourage um employees essentially to take the most efficient route possible the business itself is able to reduce emissions and also reduce costs and we can we can calculate exactly what what
Those figures are as in we can set okay we’re going to reduce the emissions by 25% if you hit this Target and we could also calculate what what the cost reduction would be um so if we can move on to the next slide so hopefully we can see from from
Those examples how you potentially could set um use that data analytics to to um help set an emissions with Target um to actually isolate different routs and then also to actually kind of reduce your cost as well as reduce your carbon footprint the final thing we’ll talk about briefly
Is um basically the concept of carbon offs saying so this is taken from Microsoft um and it shows a projection of um essentially how they’re going to how they plan to reach a net zero lots of companies if if they have similar aspirations then everyone’s going to be
Left with the same sort of concept so so the the kind of light blue is showing that they are reducing their emissions um but ultimately they will they’ll only be able to reduce their emissions to a certain point so in 2030 they’re estimating that they will have a residual foot print probably Beyond
Which it’s going to be difficult for them to um to reduce and then the green um the green bars at the bottom are carbon offsets so once a company essentially is able to reduce their emissions they’re going to get to to a point by which it’s probably unlikely
That they can reduce anymore so to get to this concept of Net Zero um they’re going to have to offset whatever that residual footprint is in order to be carbon neutral so this is where this concept of green perk can help for businesses that we have a travel work so
It allows businesses to offset the footprint associated with with their business travel because ultimately that is probably going to be a residual footprint that you can’t um kind of reduce Beyond a certain point um so hopefully we can see um how that that sort of overarching strategy of one um
Reducing emissions setting targets and then concept of carbon oying can help businesses become carbon neutral great thank you James um some really really interesting insights there and I think with the even just kind of some of the graphs that you presented and the level of detail in there and the
The level of data that you really need to look into on this topic it’s it’s it’s obviously so important so that companies can actually you know make data driven decisions and they can actually act because that’s obviously what we all need to do we need to start
Taking action so um just seeing it so demonstratively put there was really really great so thank you so much um so to our audience if you have any questions for James do pop them into the slide and we can kind of run through them in the Q&A at the end so next now
For the second portion of uh of the webinar we’ll move to our second speaker uh which is Fabio um and he will be kind of I suppose talking still around sustainable travel but more in the context of Mobility itself um so to just kind of get us kicked off and we have
Another H poll um so an active poll um again the the QR code is on the top left there so if you do want to knb your phone just scan it h take a photo of it sorry open your camera and hold it up and then you’ll get the link or go to
Slide and then just type in the code fn4 B so we’ll just give everyone a little bit of time to just either scan the code or go to the web page um and let’s just see all the different kind of modes of Transport that you’ve been using this
Week cool so H bike is actually so the the the responses um are enlarged for the most popular answers H so great to see that bike is um is up there which is really really positive so car Caren walking just good a bit of a mix bike is still definitely
The biggest with car got some tube by foot walking Rickshaw okay that’s interesting H got shared car love that ha bike Fleet an electric car walking tube Okay so we’ve got qu quite a mix there coming in overground motor home it’s another interesting one um scooter
Yeah scooter is up there now I was kind of looking for that one Grant so a really really good mix there so Fabio I guess I’ll hand over to you now to to take us through your portion of the presentation cool thanks on that Alish and also uh Thanks James great stuff uh
Thought it was especially intriguing to see what the larger players like PWC or Microsoft are actually doing to reduce emissions and I’m always amazed to see how technology can actually help us um achieve our most ambitious targets such as um CO2 reductions so uh thanks for
That um yeah very excited to be here as mentioned earlier I’m Le the strategy operations team within fre now for business so what I’m uh looking at with my team is basically where is business travel and ground transportation going what are the trends in the industry and
How do we make sure that we build um products and services that are you know helping our customers make smart Mobility decisions help our um you know users move more freely throughout the cities and make sure that we have um yeah cities that can actually strive so
The um the slide that um Adis is showing here is one way for me to help all of us understand that yes there are tons of you know buzzwords out there and I want to make sure and I think James did that nicely as well that we kind of lead with
Some insight and some data and to help make sense of what we actually mean when we talk about yeah sustainability and there are three big numbers that I think are important um 51 27 and 10 for the ones of you who read Bill Gates’s book
On how to avoid a climate disaster uh he talks about this magic number 51 and he says there’s 51 billion tons of CO2 um being emitted every year now this number is pretty big and does not really tell me much um so the second number is 27
Because 27% of all the greenhouse gas emissions in Europe actually coming from transport and the third important number is 10 because by 2050 there will be 10 billion people living on this planet many of them in you know urban areas all of which need to get around for grow
Groc shopping or meetings or want to go to the office meet friends so in essence when we talk about like James that the Paris agreement or being carbon neutral uh we don’t just need to get to zero we need to do it while bringing more products and more services to more
People and more places you see where I’m getting so we need to create a world where you know everyone has access to clean reliable and affordable mobility and that’s kind of what I want to want to focus on so in the next um slide you’ll see that um it’s not a surprise
In my opinion that Mobility is one of the key topics in politics at the moment um on the right hand side you see U our beloved Anga Merkel who has been in power for 16 years in Germany and um stepped down recently and her party the CDU was crashed in the elections just
Two weeks ago and while I Was preparing for um the BTS um keynote two weeks ago as well as this webinar here I thought it would be good to just kind of note down some bus words that was up while you know the politicians and the journalists were talking about
Mobility so um you can see on the left that you know there were phrases and words such as you know we need to subsidize emobility more we need to uh you know answer the question in terms of um you know this tax favored company car concept is it still relevant how do we
Actually set up a European Railway system um you know that works for everyone um how can we make sure that by 2030 all cars that are being sold are emission free um you know they talked about um you know potentially Banning cars from the cities um having speeding limit on the
Autoban um leveling the CO2 um tax per ton um at the same time there were the fuel shortages happening in in London which obviously make B made big head headlines um and it always rounded the or surround the question around um does clean Mobility actually need to be more
Expensive than um yeah our our like usual approach and how to make sure that everyone who needs to go somewhere can actually do that in an affordable Manner and um as fast and reliable as as possible so on the next slide um I’m I’m basically mapping um where I felt fre
Now was coming in because yes for now as you know one of the biggest transport providers in in Europe is part of the problem but also part of the solution and um many of you know us um as I don’t know Halo in Ireland or clever in Roman
Mania or we used to be called beat in Greece and Captain in the UK in German we’re called my taxi I think you’re trying you’re seeing where I’m getting at um so we all kind of got together merged these different brands and three years ago diamondland BMW put a bunch of
Money aside to build a new say ecosystem of Mobility Services and from this re now basically emerged as the platform that provides you with any kind of ground transportation uh option conveniently via one app so last year we you know transported 27 million people through our app um we leveraged the
Services of over 230,000 drivers um we worked with over 30,000 companies to get their employees from A to B and we did that over you know 10 countries and over 100 cities and this year has been exciting because it’s the first time that we are actually a proper multimodal
App and I you know thought it was quite intriguing to see all the different motor transportation that you guys have been uh using throughout this week already so so um my thought around this was if we were able to positively influence the behavior of all those million passengers and equip the you
Know the the drivers and the vehicles with the green energy that they need if we educate our customers um to you know renew the travel policies while you know analyzing ways to reduce um CO2 and if we did that across whole Europe then I think we would have a pretty good shot
At actually you know tackling this um yeah these aggressive kpis in terms of getting to Net Zero in our case by 2030 and um that’s something on the next slide where um if you think about it all kpis that our travel managers many of you Mobility managers Fleet managers Etc
Are focusing on are very aggressive in at the BTS in London I talked to a couple of travel managers who approached me and said okay F we need to reduce our CO2 emissions by I don’t know 16% next year how do we do that and you know all
These challenges that come with it is something that I want to tackle on the next um couple of slides um now feel free to put into slide if you disagree but in my opinion sustainability has a bit of a has been a bit of a shiny toy and buzzword over the
Last couple of years and it was perceived a lot as like a luxury problem that was easily being pushed away and when things like economic crisis or brexit or Corona Etc happened so all of these let’s say distractions I think were you know became like bottlenecks um
When it came to to actually making real impact real progress um but now more and more buyers like many of you here in the in the virtual round are holding suppliers more accountable for what kind of products they’re offering and how they’re actually making them available
Um so at uh itm trending 2021 um sustainability actually took the biggest leap when it comes to the factors that are influencing um travel buyers so all the way from only being 10th place in 2020 to being on Fourth position in 2021 so sustainab sustainability is in fact gaining a lot of
Importance next slide please um so despite the importance of sustainability many travel managers actually still seem to be unsure about how to tackle that how to you know actually reach these ambitious Targets in fact almost half of the European travel managers um say that sustainability is one of the three greatest pain points
When it comes to their ground transportation program and all of the data that I’m sharing you here is something that we took from a study that we did back in June where we asked round about 5,000 business Travelers and over 800 companies across Europe about their you know business travel needs and
Behaviors next slide please so Corona has definitely changed a lot in all our lives at least in my personal life and uh it has has changed a lot also in um like the business travel world as well right um one of the big things that has changed is um the
Approach and the interpretation of choice um when I was working for like a multinational consultancy firm a couple of years ago um the first day I walked into the door they asked me hey um do you want to have a company car and I said you know I’m living in the middle
Of this like Hamburg Middle of the city I don’t need a company car what else can you offer me they said well we can offer you a public transport ticket I was like well you’re sending me to client side from Mondays to Thursdays I don’t even spend much time in my city so
There’s no use for a public transport ticket that is only geared to this one one city and I asked you know do you have something else like No And this lack of choice is something that actually many of our respondents also said because um you know 40% of the
Employees would like to use modes of transportation such as bikes ebikes or E Scooters or car sharing to go to and from from the office and 30% % of business Travelers actually also want to see those model of Transportation being available via the travel policy the next big point is uh safety
Um safety is now the number one criteria when actually choosing transport um options since the crisis um you can see that when you step into I don’t know a taxi you see that um you know there is a like hand sanitizer and a mass provided
To you and we even saw it in our own office environments where many of um employers actually put a ban on Mobility a ban on business travel and um I thought it was quite intriguing to see that the health of your employees is you know was perceived as much more
Important than the success of the business and it’s something that um all of us here in travel and business travel um is expected of um that you know 52% of business Travelers actually say that they choose the safest option and not I don’t know the cheapest option or the
Fastest option so safety is safety is key the next big point is um obviously around sustainability we mentioned that it’s ranking fourth um in terms of importance after duty of care well-being and budget control and it’s you know clearly you know a big and a key priority for travel programming in 2021
And the same as the politicians during my intro um I think we all need to look into setting up processes structures and solution as James alluded to to allow Riders and companies to move more responsibly um yeah throughout the cities and to the destinations um the last kind of bullet
U point is flexibility um flexibility not just in terms of the different modes of transportation but also being able to modify or cancel your trip whenever something changes um your employees or our employees want to stay flexible right they want to choose a car when
They say want to go to a meeting and a training they want to choose maybe an EET the traffic is high but the sun is shining they want to get quickly through the traffic whatever it is that the employee needs is something that the employer should try to find ways of
Actually providing um them to and we do have these Solutions available but currently we need I don’t know 17 different apps um to get from A to B you know working with I know 20 different transport providers next slide please um actually one more because that
Was on F flexibility yes thanks um so at the BTS in London I talked a lot about On Demand on demand is everywhere um whether it’s on demand you know TV shows brought to you by Netflix on demand dating brought to you by Tinder our world has become much more connected but
Much less committed so to speak so um many of us don’t really want to commit to just one mode of transportation anymore we’re expecting some sort of a mix and we therefore seen a real switch from owning a car to using a car and that’s particularly true for like dens
And urban areas where people have a practical as well as a financial advantage to use and not to buy so um here are the the four concrete tips that I would like to share with you to improve your travel policies um to reach your ambitious sustainability
Targets um the first one is about um including micromobility into the travel policy and actually making that available to your employees um obviously keeping in mind the duty of care and insurance um aspects of your program the second one is about um making sure that you look to partner with a supplier that
Actually can give you detailed information on co2 that you’re emitting and I recommend you to ask also if they taken into account all the complexities such as you know the total approach of the distance that the vehicle traveled um versus um only tracking the distance
As soon as the passenger in seat or you know how long the journey was or um how long the journey took and how many um people were actually on board all of this information is actually influencing how CO2 emissions are being calculated and that should be in my opinion market
Standard the third one is about um that the supply that you’re working with should be very much committed to sustainability um and they should do that by going above and beyond to make this happen um using aggressive um you know CO2 reduction targets having pledges as James alluded to and really
Going away from this whole greenwashing and bus were the kind of world that we’ve been living in over the last couple of couple of years and the last one is that you know there is a huge disparity between between uh the different countries and between different cities and between different
Suppliers and between different modes of transportation so it’s also important that we kind of stay sensible and make sure that um let’s say you have a city where you already have 60% of the fleet um um being electric that you make sure that you jump on that and still find
Ways to improve that uh that kpi um so mandating a green travel policy wherever sensible and wherever possible well then and still improving um throughout the next cou months and years next slide please so when we talk about business TR we often times ignore how people
Actually get to the office um so I would like to briefly touch upon what all of what we discussed now means in terms of commuting as well as um for example company car reductions um and there are three trends that I want to share with you um that
Currently keep many of us here in the call um let say awake at night um the first one is for example that um think I saw saw a statistic that shows that uh on average one hour a day is being spent on on on the commute so in
In the UK for example it’s 59 minutes on average and four out of five business Travelers actually seem to be very unhappy with their commute and how they’re getting to the office and now if you think about the fact that you know commuting and working at the office
Becomes much more flexible and much more infrequent um it’s actually important that we kind of focus on making the commute um better for the for the employee the next one is that companies have been starting to understand that Travelers um well-being and the health of the employees should be ingrained in
The company policies uh whether it’s in regards to duty of care happiness or Mobility as a benefit and again in a world of you know Corona Post Corona and in the world of remote work um companies are increasingly competing against other companies for hiring the best talent so Talent attraction Talent retention
Becomes uh very important and that also shows that you need to look at the health of your employees making sure that you are also you know being perceived as an attractive employer and Mobility is one way um on on how you can show your employees that you actually
Care the next one is that um and if you remember back my example that I gave you earlier uh around my only chance to uh you know use a transportation paid by my employer was to get a combustion engine company car there are five million company cars out there on German streets
As we speak and 96% of that time um a company car is simply standing still on the side of the road so naturally Fleet managers are now looking to reduce Fleet sizes um electrifying the remaining cars um and making sure that we move away from from Petrol and onto um more
Sustainable uh yeah um options to move these vehicles so on the next slide you see how we have been tting that within free now um for our own employees um so during the pandemic we actually used the time to build a whole product offering around the ability for
Employ ERS to pay for the private and commuting trips of their employees um so we essentially provide companies with a way to invest into the mobility of the employees not just from a business perspective but really from a private Community perspective so in my case prau provides me with1 EUR worth of
Mobility budget a month so when I let’s say go to a concert at the OPA house here in Hamburg and I want to you know go there with a friend of mine um I take my app and I see all the AV a Mobility options nearby um I could use an e
Scooter or a taxi or a mop head or whatever it is and since I have my body with me I’m deciding to go for the shared car and um so I take the shared car I go to the opera house I drop it in front of the oppra house and um I park
It there and um after the trip is done um I can see in my remaining budget that I still have 7140 left uh to spend on green mobility and until the end of the month so it gives me the flexibility it gives me the choice and it gives me a good conscience
Because I can Leverage The you know greenest options Mobility that I have around and I don’t need a personal car so I spend less money and I feel very let’s say invested and appreciated by my um employer so motivation of mine is going up and obviously all of the tax
And payroll relevant information is being fed to the employer after the trip so they can make the right payroll and tax deductions next slide please in the in the pilot that we’ve been done uh so far on that product um we leverage or we generate a couple of really interesting
Uh insights so we saw for example that people who are using um that kind of a Mobility budget um are increasing in terms of uh motivation so by 40 for 40% of the people motivation was actually up um because um they felt that they were being appreciated and that their
Employer cares about them the second um statistic that we generated is that um we saw a significant reduction in private and commuting car usages as it shifted um to more shared modes of transportation and the third one um that we thought was quite intriguing is that
Um we saw that people who are using such a flexible form Mobility were highly valuing let’s say the different mix of the different modes of transportation so not just sticking to One modor Transportation by the app but really using the whole era of modor transportation that are
Available and with that um I think my almost 20 minutes are over um so there’s one thing I would like for you all here to take away is um that um employer employees are expecting employers to really invest into their private and commuting mobility and it’s an amazing
Chance for um companies to steer Mobility usage and behaviors of their employees into the right direction and with right direction I mean also the green and the sustainable Direction and at the same time the employer can benefit from you know increase in motivation and a more happy Workforce so
Um yeah to us this is definitely something that um we’re going to focus further on as we feel that we can really make a dent in the um way cities can can strive all right thanks for that thank you so much Fabio no really really interesting insights there and thank you
I suppose for giving such a full picture of the state of Mobility at the moment and I think whether it’s for private um travel or business travel like the the whole Mobility sector is really in a state of transformation so it is really great to see such um I suppose positive
Strides being made and in in such a clear way so thank you so much for sharing that with us and and the audience as well so as Fabio said that kind of brings us to the end of the the presentation part um so what we’ll do
Next is we’ll just open the open the floor for basically some questions and answers so again the link the code and the QR code as well if you want to scan that um and drop in um a question and even if you don’t have a question even
If you just have maybe like a comment or feedback or anything that you want to share on these topics please feel free to do that as well that’s perfectly fine as well um okay so um we have a couple coming in there so the first one is public transportation is still a very
Green and efficient way of traveling how would this fit in with the mobility budget so Fabio I guess that’s to you cool I love that question because that’s something where uh I’m basically spending a lot of my time on right now to make sure that we break up the silos
Um in the transportation business if you look into it every single or most of the public trans most of the transportation providers including public transportation providers are kind of trying to do their own uh thing and I 100% agree that public transportation should be you know the base and the core
And the center of how people move around um the cities however we have also seen that um it is not providing um people with this sufficient um flexibility and sufficient Choice um to get to where they need to be and however they would like to get there so public
Transportation yes is at the core but um should be let’s say enriched by other modes of transportation around it so what we’re currently doing is we’re spending a lot of time with public transportation companies communities local authorities to find a way to bring public transportation onto the app into the
Mobility budget so Mobility budget will be able to be used in for transportation um modes including public transportation um so it will be just another motor transportation that will be bookable by the mobility budget um feature that we’re offering great question great agree yeah great question so um the next
One there so if businesses jump straight uh to offsetting rather than a journey of reducing emissions are they missing the point um so basically behaviors aren’t changing H James would you like to take that one yeah I think that’s a very sensible question and um I basically I agree um
And we definitely never Advocate um people just offsetting um and not necessarily doing anything about what they’re actually doing in terms of their absolute emissions I think one of the benefits of having a more data driven attitude um to the emissions is that you can actually use the data to reduce the
Emissions um and then the offsetting is is only really if if companies want to reach that Net Zero concept so let’s say you have you have a travel emissions of let’s say 100 tons let’s say you reduce it by 30 30% or 40% you now reduced it quite significantly but there’s still a
Residual footprint and in the residual footprint uh after you’ve already kind of attempted to reduce the footprint um I think that is a thing that that could be offsetting but also at the same time you can offset a on that Journey but 100% there’s the reduction should be in
Conjunction with offsetting I don’t think we should just be moving to pure offsetting and they’re not not changing because absolute emissions are not changing at all great yeah thank thank you James and on oh sorry the next question is H sorry I thought it was kind of my a tag on
Question but do you have visibility on the entire trip end to end home to meeting to home um Fabio do you want to take that one because I think that’s maybe to do with Mobility budg just um I mean maybe it’s in regards to uh generally understanding the data points
That are being derived from either business travel commuting or private travel um so the answer is yes we do have this data available and that’s something that helps us you know uh craft the product the service that we’re offering better because we see how people are using the services what they
Need how much time they spend on each of the modes of transportation and it helps us also bring the relevant and right Partners on board if something is missing um here one caveat or one one thing to um to to flag is that obviously when it comes to business trips um the
Data is you know available also for the employer when it comes to for example private trips right um that the employer is paying for it’s none of the business where the and private tour is then being taken to or from and so that data is obviously not being shared with the um
With the company yeah great and I think like it’s just important that supp that people have that kind of peace of mind as well um so then the next one so many travel managers will have concerns about employees using micr Mobility so I guess things like maybe scooters ebikes that
Kind of thing uh what is your response to this um that is definitely something that comes up in in many conversations um if you think about the fact that like a travel policy is not being updated every single day week or month right so many travel policies and many companies are I
Don’t know two three four five six years old and the rise of um these micromobility Services was a bit faster than what employers could kind of catch up with um so I think it’s an element of education enablement and also reassurance and we need to talk about um
Insurance for example and how um every employee is insured by the U supp fer in this case for example I don’t know the boy e scooter or uh share now shared car um and that’s definitely something that we walk uh employers through to help them understand how they can bring in
Micromobility in a manner that you know also agrees with their duty of care and safety um concerns and um I think talking through that um is also eye opening for many trouble managers because then they understand okay my employees want me to bring this in and
Here’s a way I can actually bring this in in safe and um yeah Insurance um and policy conform matter great um yeah like I think it’s just obviously important that people you know that they can have a bit of control and a bit of structure on it as well um
So next question is to James so James could you provide some examples of low caraban Tech where should the focus be at the moment yeah I mean I think I could probably try and answer the that question and then Daniel’s question together um because I guess they’re both kind of interlined if
We could probably think of like from a very high level and then um from a very technical side so very simple kind of low carbon technology would be things like um electric vehicles so something like um like a Tesla or or even hybrid um engines have a significantly lower
Carbon footprint so that is an example of how um the world can kind of produce technology which is low carbon in terms of Transportation lots of the the the big um Airline manufacturers are also going into this down this sort of path um I mean it’s it’s going to be highly
Proba we probably going to have electric planes for short Hall um flights in the very near future um something like the Airbus 350 is significantly um more carbon efficient than some of the older planes um but then also in terms of kind of from a data point of view linking to
Daniel’s question um um so yes yes there are lots of software that can help companies to to calculate their emissions um and let’s think about from if you think about from a travel point of view um how how does one know what the difference between a flight and a
And a and a and a a rail journey is in terms of the common footprint well you can only do that by actually doing doing some calculations doing some analysis so once we look into this we can see there is there’s actually is a low a very
Simple low carbon um option let’s say I’m traveling to London Paris it’s the Eurostar it’s electrified train and we can work out what the difference is um and we can also have some software like an API which links um all those routs and then actually can provide
Information as to what the footprint is and what the footprint production is um so in terms of it at Travel perk in the near future we’re going to be launching a travel API um which should allow users to plug in to get um the Cal Footprints of all different types of of travel
Journeys across all verticals that be air rail um car higher Hotel even FES and things like that but in terms of the the actual the the scientific software if you want to call it that generally most companies would have a specialty so we’re a travel company so we’re we’re
Focused on what the footprinters of travel and then that would plug into kind of a wider overarching um kind of data aggregator because if you were a cement manufacturer then working out what the what the the kind of the emissions of the whole cement manufacturing process is is the maths is
Relatively similar but the the actual um products themselves are completely different so you would have an ex an area of expertise um in Cen manufacturing for example um so there lots of different ways of getting that data and then it’s just a case of knowing where to go and plugging into it
Um which is something that we we should be helping to solve with the API so hopefully that could answer both of those questions great thank you James yeah and thank you for going into so much detail there but yes so hopefully Daniel and the other question um hopefully they’re both answered now um
So we just have we have a bit more time for a couple more um so what’s the role of double materiality in moving forwards moving forward towards a more sustainable companies James Ed do you want to take that one again um I think we we might
Need um joanjo to um I don’t know if he can talk but I understand materiality from the concept of accounting I’m not 100% sure of what he means by D materiality um so if I could answer it then I would but sadly um I I don’t fully know what he means by dual
Materiality okay no problem um maybe if oh sorry Fabio go on you like I just want to say uh I think the EUR the European commission um introduced this like a new standard a new form a new way of accounting for um sustainability not sure how it works in the complexities
And in detail but um it’s maybe kind can highlight what um like how companies are accounting for sustainable kpis how they’re reporting on it Etc maybe there’s some um some work to be to be shared here okay um yeah maybe if if there’s a followup question or comment
That you want to write in we can get it answered and then any questions that we don’t get to don’t worry we we are going to follow up on each of the questions um as well so um yeah please feel free to to drop in another note or comment if
You want anything further to answered on that as well um okay so how big is the impact of covid on the data um so James do you want to take this one um I think I I mean in terms of uh business travel um it’s been it’s had a
Huge impact um and I think also from um like a baselining point of view um I think it’s very useful for companies to actually see what the implications have been in terms of c forment as a result of covid so um there are a number number of companies who who almost have kept
Track traveling the same even though there’s all these Co restrictions just because they actually physically have to travel um and then there are some other companies who have basically gone down to zero um and then I think it’s going to be interesting to see that transition
From um all us having no travel and then there’s going to be a there probably will be a Peak Travel after that point because lots of meetings that had that had been planned that need to go ahead need to go ahead and then it’s going to
Settle down and I think looking at the the difference between those two um those two levels of the pre the preco the co and the postco will will definitely help businesses to create um travel strategies and help them to to get a better understanding of um kind of
What travel is actually necessary um which can help with with um reducing emissions and setting targets and and almost having new baselines or or adjusted baselines in the postco world yeah great one thing to add here is um when we look at the data prec Corona and then
During Corona and and now it’s also uh difficult to assess um the data from pona and make assumptions or decisions based on that old data to go into the future um because you know the trends that we um talked about today A lot has been changing and um so it’s going to be
Important to keep that element of unknown right the unknown part of the data that you simply don’t have because things have Chang and people have different let’s say Behavior patterns Etc in mind when analyzing that that kind of data so um I think it’s quite quite interesting and makes things a
Little bit more difficult to predict the future um even more than it has been in the past yeah no great point to add in um then H just on public transportation so public transportation is a great option but accountability and tracking Still Remains very difficult from a sustainability point of view all carbon
Needs to be accounted for but the question is how do you do this on a global level so great question um Fab do you want to kick us off with this one yeah I mean I’m I’m not a public trans Transportation expert um but my personal
View on this is um the different players whether it’s a public transportation provider um a um I don’t know a car sharer a TMC uh booking platform the communities the authorities like everyone needs to come together around one table and discuss how we can actually make the
Relevant data available so that we can uh map um you know the carbon uh footprint throughout a whole journey and not just within individual players so I think breaking up these silos and making sure that different players communities um Etc come together and talk about a way to make this data available and
Being able to analyze the data together to you know push it back to the user uh is something that I see um yeah as is very important to actually set a baseline the way we’re currently doing it is we are um asking different transport providers and players to join
Our platform so the trip will be bookable via this one app and this also gives us now better abilities to then um share you know Carbon um um data on this tour um that is done or on the trip that is done by any kind of partner um where
The user used our app for but before we have all motor Transportation onto this one app it’s going to be very very difficult um to to you know really judge on the on the data if the different players are not sharing it proactively with each other yeah okay and good to
Know um and then the next question is just where is Hotel carbon data coming from um James are you able to answer that um I know we’re not from a hotelier background but um any insight on that yeah so um I guess at the minute that there is no
Um kind of global um globally recognized well there are Frameworks um which a lot of companies have done studies and have produced kind of com footprint estimations for different um Hotel locations based on star rating so that is what that is what we use um which called the the the world tourism
Partnership I think um yeah and and they they have done a big greenhous gas assessment and it’s it’s linked to grid emissions factors so so different countries have grid different grid emissions factors that means the um the energy source that goes into the grid when you plug into the wall it’s it has
A different mix whether it’s percentage renewable gas coal Etc so Germany for example actually has quite High grid emissions Factor because they actually use a lot of coal um a lot of the France for example has a very low grid emissions Factor because they use a lot
Of nuclear energy um so that means if you stay in a hotel in Paris then generally the carbon footprint for a three star hotel is probably going to be lower than it would be let’s say in someone like Germany which has a much higher grid emissions Factor so you can
Do calculations um around that sort of concept um there hasn’t really been an agreed methodology um let’s say like Hilton for example might disclose what their carbon footprint is and then InterContinental might disclose what their carbon footprint is unless everyone agrees that there’s a global standard it’s it’s difficult to um kind
Of compare and contrast and then report those two different um standards so we the minute we use an overarching um kind of methodology and that’s where that data comes from but 100% moving forward it would be great if um someone basically created a methodology which all of those hotelier use and then that
Can be the framework and then you will be able to compare and contrast and actually get an understanding of which um places are more sustainable um and what are the more sustainable options great great okay so hopefully that answers the that question um so so we’re actually down to our last two questions
And our last two minutes H so one each I guess um so we’ll try and just box most of these off uh in under a minute each um so lots of companies are interested in becoming sustainable but they are worried about the cost implications how do you address the concerns Fabio do you
Want to give a a quick response on that one sure it’s a very straightforward question with a very complex answer that we need a little bit more time for um I mean it’s all about green premium right how much more money do we need to spend
In order to choose a green option versus um say combustion option and um I mean Studies have shown that there are ways to make a green uh energy even maybe as cheap or cheaper but we definitely need um uh the governments to also help put the right incentive
Structures or you know tax uh tax in place um to kind of balance that um so understand that some companies are concerned with the cost implications um I would remind every everyone um that the cost you know is not just a shortterm medium-term but also long-term
Cost so if we look at the long-term cost implications of not acting um and become more sustainable um yeah will be in in a difficult spot in a couple of couple of years from now um so the answer would be um using technology to actually improve the um cost structure of renewable
Energy sources making sure that we have government or elect governments that help us you know set the right say boundary conditions in the center structures and um yeah make sure that we uh as a as a company um and as you know the bigger players in the industry like
PWC and Microsoft as James luded to um are you know taking a leap of faith in the in the right direction um because then players like us can make sure that the uh you know Green uh transport or motor Transportation are also being favored in the app and you don’t even
Have the ability um to take any combustion engine tax ta anymore know 3 years from now um so it’s all interconnected and again I think we need a different webinar to tackle only that that one that one question great thanks yeah you could talk all day about that
About that topic I’m sure um so then the last question um which initiatives did PWC take to reduce the emissions and second question did they have initiatives to reduce emissions created by business travel um so James I appreciate you could probably go into a lot of depth on this but um just briefly
Anything you want to comment on this I guess um so P PWC would just be an example of a service based industry in a service based industry generally um business travel is actually by far the biggest component because they don’t without going into massive technical details about the the sources of um
Greenhouse gas emissions um just think about that PDC don’t manufacture anything they don’t really make anything so all they do is they’re selling essentially their the they’re selling the brains of their employees um they’re selling this the solutions um so the the biggest component of their um scope two for is
Going to be energy usage from all of their Office Buildings so if you can make your offices way more efficient um if you think go back like a number of years offices weren’t anywhere near as efficient as they are they have Smart Meters they can change their energy
Source to be to being to a renewable energy provider um lots of those big offices even simple things like they they have lights automatically get turned off all the computers automatically get turned off there are very simple things that you can do to dramatically reduce the energy consumption especially for a
Company like PWC you have a huge um employee count and they’re going to have massive office space so just by essentially having simple um strategies to try and reduce their their energy consumption that’s how they’re able to reduce their emissions quite a lot in terms of um from a business travel point
Of view um I mean I’ll just be honest I don’t have a full oversight of what pwc’s business travel um kind of strategy is but just from the graph it seems like they haven’t managed to reduce it substantially so presumably they they um historically I think that
The recently um there’s there’s been a much there there is more enhanced data around business travel so let’s say five 10 years ago that the information really wasn’t widely available of what the different Comm Footprints were of different modes of transportation so the the kind of capability for
Businesses um to reduce probably wasn’t as such as it is now so I think that moving into the future I would I would imagine they’re definitely going to be um trying to to reduce their their business travel I’m pretty sure they have a policy in place now to reduce the
Business travel emissions in line with the Net Zero strategy yeah yeah I’m I’m sure that they do it’s uh completely um the direction I think that service based Industries and consultancy is going at the moment so um that concludes our webinar because uh all of our questions are now answered
And we’re just to time um so just a huge thank you again to both of our speakers for all their insights um opinions Q&A and thank you very much to our audience for logging into this morning um really great questions in there lots of great engagement so thank you so much um we
Definitely hope you went away with some um I don’t know maybe just a bit of a a fresh perspective on certain topics and if um there is anything further that we can answer for you please do feel free to reach out to any of us um via
LinkedIn or whatever the case may be but thank you very much and yeah enjoy the rest of your day all the best bye thank you Elish bye thanks Elish bye everyone
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