Eurolife FFH, a leading Greek insurance group serving over 500,000 customers with life and non-life insurance products, has joined forces with Thomas Cook India and LTIMindtree, a global technology consulting and digital solutions company, to participate in the innovative Green Carpet initiative.
Green Carpet, introduced in March 2023, is a pioneering global platform aimed at effectively tracking and reducing carbon emissions arising from business travel. This partnership highlights the growing necessity for organisations to monitor and manage their carbon emissions while establishing ambitious sustainability targets.
The Green Carpet platform provides businesses with a comprehensive set of tools to capture, monitor, analyse, report, and reduce their carbon emissions, including real-time insights into Scope 3 emissions. This not only supports environmental sustainability but also helps organisations substantially reduce their Environmental, Social, and Governance (ESG) reporting expenses.
Madhavan Menon, Executive Chairman, Thomas Cook (India), emphasised the importance of this initiative, stating, “We are delighted to welcome Eurolife FFH to our pioneering Green Carpet sustainability initiative. Our united efforts emphasise the critical need for corporations worldwide to embrace sustainable practices and assume responsibility for their carbon footprint. Through Green Carpet, we are paving the way for a greener, more responsible business landscape.”
Simplified data capture and analysis of travel emissions, alignment with global sustainability frameworks, seamless integration with current business travel platforms, advanced AI and ML analytics, and decision-making support for enterprise net-zero goals are among the benefits that Eurolife FFH will gain from this collaboration.
Travel trade associations’ conventions have traditionally been platforms for industry players to connect and exchange ideas. While this remains a crucial aspect, the purpose of these events is evolving. Conventions now serve as accelerators for innovation, providing a space for the discussion of trends, technologies, and strategies that can redefine the industry.
Alexander Sarrigeorgiou, Chairman & Chief Executive Officer, Eurolife FFH, expressed the company’s commitment to a sustainable future: “Our ambition is to be a driving force for a more sustainable future for everyone, therefore we are very glad to join ‘Green Carpet’ within the framework of our overall ESG strategy. Every meaningful tool that helps the world tackle climate change must receive exposure and support.”Sudhir Chaturvedi, President and Executive Board Member, LTIMindtree, emphasised the significance of this partnership, stating, “The SaaS-based platform furthers the sustainability efforts of companies through automation of data capture, calculation, insightful analytics, and reporting of emissions to help make their business travel sustainable.”
Green Carpet, a groundbreaking initiative launched earlier this year by Thomas Cook (India) and SOTC Travel in collaboration with LTIMindtree, aims to assist enterprises in efficiently tracking and mitigating carbon emissions generated by business travel. It amalgamates the expertise of Thomas Cook and SOTC in the travel sector, LTIMindtree’s proficiency in ESG consulting and digital solutions, and the global insights of Fairfax Digital Services (a Fairfax company). The initiative is poised to make a substantial contribution to environmental preservation and sustainability in the corporate world.
