Thomas Cook India rolls out Green Carpet to track emissions

Travel company ties up with tech consultancy to roll out platform to help Indian firms track their business travel emissions.

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.