American Express Global Business Travel (Amex GBT) has been awarded a platinum EcoVadis medal for its environmental, social and governance (ESG) standards.
Platinum status is the highest accolade awarded by EcoVadis and this places Amex GBT among the top one per cent of independently assessed companies across the world.
EcoVadis is a provider of business sustainability ratings with a global network of more than 100,000 rated companies across many industries. A rating is derived from an evaluation of non-financial management systems, including environmental, labour and human rights, ethics and sustainable procurement practices. The independent evaluation methodology is based on global standards and guided by the international scientific community.
The EcoVadis platinum medal rounds off a year of ESG initiatives for Amex GBT. In June, Amex GBT with Shell and Accenture launched Avelia, one of the world’s first blockchain-powered book-and-claim digital platforms for sustainable aviation fuel. In October, Amex GBT became the first travel management company to join the World Economic Forum.
Avelia = American Express Meetings and Events – a division of Amex GBT – has also signed the Net Zero Carbon Events (NZCE) pledge, a joint commitment across the events industry to achieve the targets laid out in the Paris Climate Accord. The NZCE pledge, which has the support of UNFCCC Secretariat (United Nations’ Framework Convention on Climate Change), was launched at the UN climate summit COP26 in Glasgow in 2021.