American Express Global Business Travel Launches Emissions-Based Carbon Pricing Solution

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American Express Global Business Travel Launches Emissions-Based Carbon Pricing Solution

1/21/2025
NEW YORK, NY – American Express Global Business Travel (Amex GBT), a leading software and services company for travel and expense, today announced the launch of integrated emissions-based carbon pricing. Customers can pick a carbon calculation methodology to apply a carbon fee to their air travel. These fees can be visible to business travelers as they shop and can appear on their invoice, helping companies inform employees about their carbon impact and corporate sustainability initiatives.

Some Amex GBT clients already use carbon pricing to apply flat or dynamic fees. With the technology enhancements announced today, customers can now track the carbon emissions specific to their flights and funnel investment towards sustainability initiatives. A price on carbon can seamlessly create a self-sustaining fund for decarbonization projects such as sustainable aviation fuel (SAF), electric vehicles (EVs), research & development (R&D), and more.

How it works:

Step 1: Pick a carbon calculation methodology.1
Step 2: Put a price on carbon using the new emission-based fee, a flat or categorical fee.
Step 3: Grow a fund for sustainability initiatives, e.g., SAF, EVs, R&D.

Why it matters:

Carbon pricing can be an effective and efficient way to create a self-sustaining funding stream for sustainability initiatives.
Aligning carbon pricing with the emissions specific to a traveler’s flights at point of sale can support employee engagement and incentivize more sustainable economic decisions.

Lucian Alexandru, Global Procurement Category Head, Sanofi, said: “Emissions-based carbon pricing enables us to combine economics, sustainability and technology to strengthen our business travel program and boost funding to invest in decarbonization initiatives such as SAF. With support from Amex GBT, we are closely aligning our business travel program with company-wide efforts to reduce emissions, while also helping accelerate and prepare for a low carbon future.”

John Sturino, SVP of Product and Engineering, Amex GBT, said: “Carbon pricing is a proven mechanism that can help companies make progress towards their sustainability objectives. Our innovative software can now help customers place a price on carbon and direct investment toward lower-carbon solutions, empowering them to make more informed decisions and address their carbon footprint.”

Nora Lovell Marchant, VP of Global Sustainability, Amex GBT, said: “Carbon pricing by way of business travel can help shift companies – and the aviation industry at large – towards a more sustainable future. Carbon pricing is imperative, but alone insufficient. We need to combine carbon pricing with decarbonization. Making carbon more expensive must be combined with making clean more affordable.”

More details on carbon pricing with Amex GBT can be found here. More details on Amex GBT’s commitment to environmental progress can be found in its 2023 ESG report and in Measuring Impact: Air Travel Carbon Emission Calculations.

About American Express Global Business Travel
American Express Global Business Travel (Amex GBT) is a leading software and services company for travel, expense, and meetings & events. We have built the most valuable marketplace in travel with the most comprehensive and competitive content. A choice of solutions brought to you through a strong combination of technology and people, delivering the best experiences, proven at scale. With travel professionals and business partners in more than 140 countries, our solutions deliver savings, flexibility, and service from a brand you can trust – Amex GBT.

Visit amexglobalbusinesstravel.com for more information about Amex GBT, and follow @amexgbt on X, LinkedIn and Instagram.

Disclaimer
GBT and its affiliates, resellers, distributors, vendors and suppliers (collectively, the “GBT Parties” or “we”) make no representations or warranties, express or implied, guarantees or conditions with respect to your use of the Carbon Emission Reporting (“CER”) or other sustainability information, software or services (“Related Materials”), or its quality, reliability, merchantability, non-infringement of third-party rights or fitness for a particular purpose. You understand that use of the CER and/or Related Materials is at your own risk and that we provide the same on an “AS IS” basis “with all faults” and “as available”. You bear the entire risk of using the CER and/or Related Materials and we are not liable for the CER or Related Materials or for any action taken by you in reliance thereon, or for any losses or other harm arising from use of the CER or Related Materials. None of the GBT Parties guarantee the accuracy of the CER and/or Related Materials or the appropriateness of one carbon calculation method over another.

1Companies must make their own decision about which methodology is most appropriate for their purposes in accordance with their internal policies and procedures and any applicable laws and regulations. Emissions calculations offered by Amex GBT include International Air Transport Association (IATA) CO2 Connect, International Civil Aviation Organization (ICAO), French Agence de l’Environement et de la Maitrise de l’Energie (ADEME), UK Department for Business, Energy, and Industrial Strategy (BEIS)/ Department of Energy Security and Net Zero (DESNZ) and US Environmental Protection Agency (EPA).

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