Corporate Travel Management Limited Sustainability Profile
Corporate Travel Management Limited (CTM) is a leading provider of travel management solutions, headquartered in Australia. Established in 1994, CTM has grown to become a prominent player in the corporate travel industry, with a strong presence across major operational regions including Asia-Pacific, North America, and Europe. CTM offers a comprehensive suite of services, including travel booking, expense management, and strategic travel consulting, all designed to optimise corporate travel experiences. What sets CTM apart is its innovative technology platform, which provides clients with real-time data and insights to enhance decision-making. With a commitment to delivering exceptional service, CTM has achieved significant milestones, including numerous industry awards and recognition for its customer-centric approach. As a trusted partner for businesses seeking efficient travel solutions, CTM continues to redefine the standards of corporate travel management.
DitchCarbon Score
How does Corporate Travel Management Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Land Transportation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Corporate Travel Management Limited's score of 13 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Corporate Travel Management Limited's reported carbon emissions
In 2024, Corporate Travel Management Limited (CTM) reported total carbon emissions of approximately 13,151,800 kg CO2e. This figure includes 1,833,300 kg CO2e from Scope 2 emissions, primarily from purchased electricity, and significant Scope 3 emissions, with business travel contributing about 8,766,600 kg CO2e and employee commuting accounting for approximately 2,082,900 kg CO2e. In 2023, CTM's emissions were recorded at about 6,204,600 kg CO2e, with Scope 1 emissions at 1,000 kg CO2e, Scope 2 emissions at 1,436,300 kg CO2e, and Scope 3 emissions comprising 1,525,100 kg CO2e from business travel and 2,782,300 kg CO2e from employee commuting. CTM has not disclosed specific reduction targets or initiatives as part of its climate commitments, and there are no emissions data cascaded from a parent company. The organisation is actively working towards its climate goals, including a commitment to achieve net-zero emissions by 2030, as outlined in its sustainability reports. Overall, CTM's emissions profile highlights the significant impact of business travel and employee commuting on its carbon footprint, underscoring the need for targeted strategies to reduce these emissions in the future.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000 | 0,000 | - |
| Scope 2 | 936,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 470,000 | 0,000,000 | 0,000,000 | 00,000,000 |
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Corporate Travel Management Limited's Scope 3 Categories Breakdown
Corporate Travel Management Limited's Scope 3 emissions, which increased by 137% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 77% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 77% of Scope 3 emissions.
Top Scope 3 Categories
Corporate Travel Management Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Corporate Travel Management Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
