Measure: To understand and manage, you must measure. So first and foremost, we’ve committed to measuring the emissions from our business and trips. We measure our business emissions from offices, owned facilities and accommodations, hotels, ships, fleet, and employee business air travel. The carbon footprint of all trips across TTC brands, including all transportation, accommodations and meals, are measured through a custom trip calculator we developed with external experts.
Reduce: We’re committed to building on carbon reduction efforts to date and setting ambitious targets by mid-2022. To support the world’s progress towards limiting global warming to 1.5 degrees, we must ensure we explore every opportunity to drawdown our emissions and set ourselves on a path to net zero. This includes securing and generating renewable energy and assessing alternative fuels.
Remove: Through TreadRight, we’re investing in new, nature-based technologies to remove excess carbon from the atmosphere. These innovative solutions have massive potential to mitigate climate change and need our support to accelerate and scale as quickly as possible. In 2021, TreadRight invested in GreenWave, a regenerative ocean farming organization, and Project Vesta, using naturally occurring olivine rock to permanently store carbon on the ocean floor.
Offset: As an interim solution to address TTC’s unavoidable emissions, we will purchase carbon credits, including rolling out carbon neutral trips between 2022 – 2030. In partnership with South Pole, a leading offset provider, TTC will purchase verified carbon credits to offset emissions from our offices and employee business air travel.