Elevating Climate Action in the Travel Goods Industry
In an era where climate action is becoming increasingly critical, industries worldwide are striving to reduce their carbon footprints. Travel Sentry, a global leader in travel security standards, commissioned Swiss Climate to evaluate the current state of climate commitments among luggage brands. The objective was to understand the best practices, challenges, and needs of the Travel Goods Industry in strengthening climate action.
The analysis revealed that the travel goods industry is still in the nascent stages of climate action compared to more heavily regulated sectors such as finance and insurance. The absence of a stringent regulatory framework has contributed to climate issues not being a priority for many brands, especially amidst the economic recovery following the COVID-19 pandemic. This creates an uncertain environment for brands, making it difficult to anticipate future requirements. To move forward, the industry needs clearer guidance and support to adapt to evolving regulations.
It is essential to develop a clear action plan and timeline, tailored to each company's stage of development, to effectively guide their efforts.
The supply chain presents significant challenges, particularly for small companies that lack the leverage to influence suppliers. The absence of a dominant climate leader in the industry further impedes progress. While some large retailers are beginning to make climate-related demands, the lack of collective action and climate coalitions limits the ability to drive substantial change within the supply chain.
The industry is facing significant challenges due to limited financial resources and a lack of knowledge about climate-related issues. To overcome these barriers and integrate climate action into their operations effectively, companies require more robust support.
Pathways to Strengthen Climate Action
To address these challenges and foster stronger climate action in the travel goods industry, several strategies can be implemented:
It is of the utmost importance to provide companies with the necessary tools and support to accurately measure their carbon footprints. This includes training and consultancy services to guide them through the process.
The establishment of platforms for the sharing of information on less emission-intensive materials and environmentally conscious suppliers can facilitate the implementation of more sustainable practices across the industry.
Providing up-to-date information on current and future legislation, along with internationally recognized standards and certifications tailored to the travel goods industry, can assist companies in navigating regulatory complexities.
Encouraging small businesses to pool their financial resources can enable them to access joint services, such as consultancy support for CO2 emission measurements.
Swiss Climate's Role in Driving Change in the Travel Goods Industry
Swiss Climate is dedicated to supporting the travel goods industry in its transition towards sustainability. By offering comprehensive carbon management solutions, Swiss Climate can assist companies in navigating the complexities of climate action, ensuring they remain compliant with regulatory requirements and market expectations. Our services include carbon footprint calculations, sustainability training, and strategic guidance tailored to the unique needs of the travel goods sector.
For further information on how Swiss Climate can assist your company in strengthening its climate commitments, please contact us directly.
