Trip.com Group's 2024 Vision for Sustainable Global Travel

Trip.com Group's Commitment to Sustainability

Trip.com Group, a prominent name in the global travel industry, has unveiled its latest Sustainability Report, showcasing its ambitious efforts to forge a greener and more inclusive travel ecosystem. Guided by an overarching framework termed the 'Friendly Four'—comprising Stakeholder-Friendly, Community-Friendly, Family-Friendly, and Environmentally-Friendly initiatives—the company is making substantial strides towards sustainable growth. Each aspect of this framework is geared toward fostering healthier relationships with clients, communities, and the environment.

Innovative Carbon Emissions Data Feature

Enhanced Transparency for Travelers

A significant breakthrough highlighted in the report is the launch of a comprehensive carbon emissions data feature. This innovative tool allows users to access quantified carbon emissions across various transportation modes including flights, car rentals, and trains. By harnessing the support of the Association of Car Rental Industry System Standards (ACRISS), Trip.com makes it easy for travelers to make more environmentally conscious decisions when booking their journey.

Additionally, users can compare emissions from electric, hybrid, and standard vehicles when choosing car rentals, contributing to informed decision-making for greener travel. The focus on transparency extends to airport transfers, ensuring eco-friendly choices are readily available throughout the travel experience.

Commitment to Green Energy

Trip.com Group's environmental initiatives do not stop there. In a remarkable effort towards carbon neutrality aimed for 2050, the company has encouraged travelers to utilize over 100 million orders for eco-friendly travel products. Their headquarters and rural retreats have been outfitted with solar panels, generating clean energy and offsetting significant CO? emissions. This commitment to renewable energy is further underscored by a notable increase in the use of green electricity across their data centers.

Expanding the Country Retreat Programme

Driving Rural Development

In addition to its environmental focus, Trip.com Group is dedicated to enhancing rural development through its Country Retreat Programme. This initiative has expanded to cover 34 sites, thereby creating over 40,000 indirect jobs. More than 80% of the workforce in these retreats comprises local community members, with participating villages observing a significant increase in their average per capita income. Plans are already in motion to usher the programme into additional global destinations this year.

Promoting Inclusivity in the Workplace

A Family-Friendly Commitment

Trip.com Group stands firm in its advocacy for a family-friendly corporate culture. Recent efforts to bolster inclusivity include providing additional childcare leave days for employees, aimed at supporting working parents in balancing their professional and family roles. The company has made notable advancements in hiring women, now making up 57.1% of the global workforce, with more than 61.2% in entry-level positions.

The organization has also enhanced its benefits for female employees, extending financial assistance for reproductive medical services, which now includes subsidies for in vitro fertilization. Furthermore, their childcare subsidy program has benefitted over 900 families, distributing substantial cash bonuses to support working parents.

Corporate Governance and Partnerships

Strengthening Governance Standards

Trip.com Group's commitment to robust corporate governance has been acknowledged with a strong A rating from MSCI ESG. The company focuses on fostering relationships with various stakeholders, hosting two partner summits aimed at promoting inclusive tourism development and collaborating with over 230 destination marketing organizations worldwide.

CEO Jane Sun emphasizes the importance of sustainable growth, stating, "The ability to operate and grow more sustainably will be among the most critical factors for future competitiveness. Together with our users, partners, and employees, we are working to build a future where every journey brings us closer." Trip.com Group's vision to create meaningful experiences is evident in their operational decisions and their dedication to a more sustainable world.

Frequently Asked Questions

What is the 'Friendly Four' framework?

The 'Friendly Four' framework includes Stakeholder-Friendly, Community-Friendly, Family-Friendly, and Environmentally-Friendly initiatives that guide Trip.com Group's sustainability efforts.

How does Trip.com Group promote sustainable travel?

They launched a carbon emissions data feature allowing travelers to make informed decisions about their transportation methods and have encouraged the consumption of sustainable travel products.

What is the Country Retreat Programme?

This initiative focuses on rural development by creating job opportunities and improving local community income through tourism in designated retreat areas.

How does Trip.com Group support its employees?

Trip.com Group offers enhanced benefits for working parents, including additional childcare leave days and financial assistance for reproductive medical services.

What recognition has Trip.com Group received for governance?

Trip.com Group achieved an A rating from MSCI ESG for its commitment to corporate governance and ethical business practices.

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