India-based travel services company Thomas Cook and its group company
SOTC Travel have formed a partnership with global technology consulting
and digital solutions company LTIMindtree to launch ‘Green Carpet’, a
global platform monitoring and managing business travel emissions.
Run as a ‘software as a service’ platform, ‘Green Carpet’ aims to
help businesses capture, monitor, analyse and reduce their carbon
emissions from business travel, offering real-time insights related to
Scope 3 emissions and significantly reducing ESG reporting costs.
By implementing the software, businesses can simplify the data
capture and analysis of travel emissions with real time dashboards,
adhere to Business Responsibility Sustainability Reporting (BRSR), a
voluntary framework for companies to report their social, environmental,
and economic impacts on society, and be aligned to global audit
requirements.
The platform offers integration with corporates’ current business
travel platforms, provides analytics and recommendations and helps with
decision making to achieve net zero goals.
The Securities and Exchange Board of India (SEBI) has mandated the
top 1,000 listed companies in India by market capitalisation to make
filings as per the BRSR from the fiscal year 2023.
Amid this backdrop, Thomas Cook (India) Limited, India’s leading
omnichannel travel services company and its Group Company SOTC Travel,
announced their partnership with global technology consulting and
digital solutions company LTIMindtree, to launch “Green Carpet” – a
global platform to monitor and manage business travel emissions.
‘Green Carpet’ combines Thomas Cook & SOTC’s travel industry
expertise with LTIMindtree’s ESG consulting and digital solutions
services, as well as incorporating the global expertise of Fairfax
Digital Services, said Thomas Cook India chairman and managing director
Madhavan Menon.
LTIMindtree's president and executive board member Sudhir Chaturvedi
believes that ‘Green Carpet’ will help climate-conscious organisations
to comply with regulatory expectations, as ESG has become a board-level
priority for nearly all organisations amid India’s ambitious goal to
reach net-zero emissions by 2070.