The majority of Indian companies are failing to set ambitious targets to reduce corporate travel emissions, revealed a ranking on business travel by The Travel Smart Campaign on Wednesday.
Globally, only 50 companies out of 322 have set targets to reduce business travel, with technology company Wipro paving the way in India.
Of the companies that have targets, only four companies meet the “gold standard”, i.e. report air travel emissions and commit to reducing them by 50 per cent or more, by 2025 or sooner.
These are Novo Nordisk (pharmaceuticals, Denmark), Swiss Re (finance, Switzerland), Fidelity International (finance, Britain) and ABN Amro (finance, the Netherlands).