2015 U.S.-Booked Air Volume: $60 million
British banking and
financial services company Barclays increased spending on travel and
accommodations 2.3 percent to £218 million in 2015, or US$323.2 million using
the Dec. 31 exchange rate. BTN estimates the company increased its
U.S.-booked air volume slightly to $60 million. That increase comes after a
significant cut in travel and accommodations spending in 2014 from 2013’s £307
million. Cutting back on travel was a key part of the company’s goal to cut
carbon emissions. Barclays reduced carbon emissions by 10 percent in 2015 and
has cut emissions 37.3 percent against 2012 levels. Even as travel increased
last year, the company more than made up the difference in reducing carbon
emissions from use of company cars and energy conservation. Barclays also has
designed a data reporting system for itself, Atlas, which combines TMC booking
data, supplier contracts, service-level agreements and HR data to produce
dashboards detailing total spending, traveler behavior and contract
performance.