Climate Change Data

Booking Holdings Inc.

Climate Impact & Sustainability Data (2018, 2019, 2020, 2021, 2022, 2023)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:51,335 tCO2e/year (2017)
Scope 1 Emissions:3,372 tCO2e/year
Scope 2 Emissions:47,963 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Community Engagement
  • Environment
  • Employees
  • Ethics and Integrity
  • Customer Privacy
  • Governance

Environmental Achievements

  • Conducted first enterprise-wide carbon footprint analysis, identifying 51,335 tonnes of CO2e emissions in 2017 (Scope 1 and 2). Nearly all emissions stemmed from electricity use in leased office spaces and data centers.
  • Implemented water efficiency initiatives in offices (low-flow faucets).

Social Achievements

  • Booking Cares amassed 30,979 volunteer hours across 447 projects.
  • Booking Booster program awarded €2 million to 10 sustainable tourism start-ups.
  • Booking Cares Fund awarded €2 million to 12 NGOs.
  • Booking.com's Women in Tech Program provided €500,000 in scholarships.
  • OpenTable's Giving Tuesday campaign generated 2,730,000 meals for food-insecure families.
  • Agoda launched its official CSR program, donating $50,000 to Doctors Without Borders.

Governance Achievements

  • Improved global Compliance and Ethics Program with company-wide survey and new initiatives like 'Ethics Moments'.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Limited ability to directly address energy use in leased office spaces and data centers.
  • Lack of access to data on water use in leased data centers.
  • Unethical behavior underreported; need for more awareness about the company’s Compliance & Ethics Program.
Mitigation Strategies
  • Purchasing renewable energy where available.
  • Engaging with property managers to implement energy efficiency programs.
  • Developing a BREEAM-certified building for Booking.com headquarters.
  • Implementing waste reduction and separation in Booking.com offices.
  • Utilizing e-waste recycling programs in OpenTable offices.
  • Launching 'Ethics Moments' for manager-led compliance and ethics discussions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Code of Conduct for employees and suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB, GRI

Certifications: OpenTable achieved SOC 2 certification

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Forbes 'Best Employers for Women'

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:62,329 tCO2e/year (2018)
Scope 1 Emissions:4,811.67 tCO2e/year (2018)
Scope 2 Emissions:57,517.74 tCO2e/year (2018)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:162,178.52 MWh/year (2018)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Community Engagement
  • Environment
  • Employees
  • Customer Privacy and Data Protection
  • Governance

Environmental Achievements

  • KAYAK and OpenTable introduced water-saving faucet control systems in some offices.
  • Priceline completed the second phase of an automatic restroom faucet project.
  • Booking.com partnered with World Animal Protection to launch guiding principles for animal well-being in tourism.

Social Achievements

  • Booking Holdings ranked by Forbes as a Best Employer for Diversity; Booking.com ranked No. 1 on the Financial Times’ workplace diversity and inclusion list for European employers.
  • Booking.com's LGBTQ+ Employee Network Group won an award for Most Engaged Network.
  • Booking.com provided scholarships to female students in tech programs.
  • OpenTable employees donated 2.37 million meals through OpenTable's Giving Tuesday campaign.
  • Priceline employees volunteered 2,950 hours during a volunteer service week.

Governance Achievements

  • Board of Directors composed of 13 members, 11 independent, 5 women (38%), and 2 people of color (15%).
  • Launched Ethics Moments training sessions to foster ethical conduct.
  • Launched “Your Voice: Ethical Culture Survey” to gauge employee perceptions of ethical culture.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Remove single-use plastics in all offices (2020).

Environmental Challenges

  • Limited ability to directly address energy use in leased office spaces and data centers.
  • Lack of access to data on water use in leased data centers.
  • Managing waste impact related to standard office operations across multiple countries.
Mitigation Strategies
  • Engaging with property managers to implement energy efficiency programs.
  • Developing a new, owned building in Amsterdam with energy efficiency initiatives.
  • Reducing water usage in offices through water-saving systems.
  • Working to remove single-use plastics in all offices.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Partnering with organizations promoting sustainable tourism practices.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Booking.com ranked #1 on the Financial Times’ workplace diversity and inclusion list.

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:55,923 tCO2e/year
Scope 1 Emissions:2,373 tCO2e/year
Scope 2 Emissions:41,994 tCO2e/year
Scope 3 Emissions:11,556 tCO2e/year
Renewable Energy Share:29%
Total Energy Consumption:173,809 MWh/year

ESG Focus Areas

  • Diversity and inclusion
  • Employee health and well-being
  • Engaging customers on sustainability
  • Environmental impact of offices and operations
  • Compliance, ethics, and integrity
  • Data privacy and security
  • Human rights
  • Sustainable tourism
  • Volunteering and charitable donations

Environmental Achievements

  • Achieved operational carbon neutrality in 2020
  • Reduced carbon emissions from offices and data centers by 23% compared to 2019 (primarily due to office closures and reduced business travel)
  • 29% of Booking.com's office area powered by renewable energy

Social Achievements

  • Launched several diversity and inclusion initiatives, including Women in Leadership programs at Booking.com and Agoda
  • Established an integrated Global Anti-Harassment and Anti-Discrimination Policy
  • Booking.com ranked first in the Financial Times Diversity Leaders ranking
  • Implemented employee well-being programs, including mental health resources and flexible work arrangements
  • Launched employee resource groups across various brands

Governance Achievements

  • Updated Code of Conduct with greater clarity on fraud, human rights, sustainability, and workplace relationships
  • Created new KPIs for brand compliance officers to improve integration, sanctions screening, investigations, reporting, training, and employee due diligence
  • Launched Global Ethics Day

Climate Goals & Targets

Short-term Goals:
  • Continue converting energy contracts to renewable energy contracts
  • Carry out postponed energy efficiency upgrades in high-emitting offices
  • Support staff in increasing energy efficiency
  • Implement recycling programs in all offices where feasible

Environmental Challenges

  • COVID-19 pandemic significantly impacted the travel industry and postponed some sustainability projects
  • Challenges in implementing uniform recycling programs across global offices
  • Data availability constraints in GHG emission reporting
Mitigation Strategies
  • Developed a renewable energy policy for offices and data centers
  • Reflected on future of business travel and virtual meeting options
  • Implemented recycling programs in offices with municipal recycling programs
  • Developed partnerships to address recycling challenges in cities without uniform programs (e.g., Agoda's partnership with GEPP)
  • Improved data collection methodology and online data-collection tool

Supply Chain Management

Responsible Procurement
  • Working with partners to make it simple for them to share their sustainability practices

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB

Awards & Recognition

  • Booking.com ranked first in the Financial Times Diversity Leaders ranking

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:118,746 mtCO2e
Scope 1 Emissions:838 mtCO2e
Scope 2 Emissions:518 mtCO2e
Scope 3 Emissions:117,390 mtCO2e
Renewable Energy Share:100% (through unbundled EACs)

ESG Focus Areas

  • Sustainable travel
  • Environmental impact of offices and operations
  • Volunteering and charitable donations
  • Diversity and inclusion
  • Employee health and well-being
  • Compliance, ethics and integrity
  • Human rights
  • Data privacy and security

Environmental Achievements

  • Transitioned to 100% renewable electricity across the organization through the purchase of unbundled energy attribute certificates.
  • Reduced scope 1 and 2 emissions by 92% from the 2019 baseline.

Social Achievements

  • Launched the Travel Proud badge to help LGBTQ+ customers travel confidently.
  • Expanded learning programs across all brands.
  • Celebrated Global Ethics Day.
  • Introduced an enterprise-wide customer data protection framework.
  • Launched the Travel Sustainable badge for accommodations, awarded to 76,470 partners.

Governance Achievements

  • Created a new governance model with a distinct Sustainability Steering Committee.
  • Launched an inaugural Climate Action Plan.
  • Launched a Supplier Code of Conduct.
  • Improved annual mandatory compliance and ethics training for employees.
  • Rolled out a Global Investigation Service (GIS).

Climate Goals & Targets

Long-term Goals:
  • Science-based net-zero impact by 2040
Medium-term Goals:
  • Reduce scope 3 carbon emissions by 50% by 2030
  • Expand Travel Sustainable program to all relevant Booking Holdings brands by 2023
Short-term Goals:
  • Reduce scope 1 and 2 emissions by 95% by 2030
  • Achieve 30% recycling rate within 12 months of launching Bangkok-wide recycling program

Environmental Challenges

  • Supply chain emissions (Scope 3 emissions account for 99% of total footprint)
  • Pandemic impact on operations and initiatives
  • Lack of renewable energy availability in some markets
Mitigation Strategies
  • Set a target reduction of 50% in scope 3 carbon emissions by 2030.
  • Exploring investment into technologies such as sustainable aviation fuel.
  • Developed cloud strategy to reduce energy consumption in data centers.
  • Implemented waste streaming in offices and e-waste recycling program.
  • Developed a Supplier Code of Conduct.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct covering environmental sustainability and human rights standards

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, GRI

Sustainable Products & Innovation

  • Travel Sustainable badge
  • Least CO2 sorter for flights
  • Green Taxi product

Awards & Recognition

  • momondo Climate Award (Denmark)
  • Agoda Climate Action Award (Sustainable Wellness Destination Climate forum)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:127,754 tCO2e/year (2022)
Scope 1 Emissions:4,541 tCO2e/year (2022)
Scope 2 Emissions:3,774 tCO2e/year (2022)
Scope 3 Emissions:119,439 tCO2e/year (2022)
Renewable Energy Share:100% across offices (through EACs)

ESG Focus Areas

  • Compliance, ethics and integrity
  • Data privacy and security
  • Diversity and inclusion
  • Employee health and well-being
  • Environmental impact of offices and operations
  • Human rights
  • Sustainable travel
  • Volunteering and charitable donations

Environmental Achievements

  • Reduced Scope 1 and 2 emissions by 80% against 2019 baseline.
  • Reduced Scope 3 emissions by 31% against 2019 baseline.
  • Maintained carbon-neutral operations in 2022 through the purchase of unbundled energy attribute certificates.
  • Expanded Booking.com Travel Sustainable program across all Booking Holdings brands for accommodations, recognizing over 400,000 properties globally.

Social Achievements

  • Helped over 70,000 Ukrainian refugees find free or low-cost housing.
  • Recognized over 16,000 properties for their inclusive hospitality efforts with a Travel Proud badge on Booking.com.
  • Expanded training programs for inclusive leadership and other diversity, inclusion, and belonging (DI&B) topics.
  • Held first annual Global Ethics Week across all brands.

Governance Achievements

  • Published Human Rights Statement.
  • Published Modern Slavery Statement.
  • Strengthened Board of Directors by adding two independent directors.
  • Launched a global third-party risk management framework.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2040
Medium-term Goals:
  • Over 50% of 2027 bookings to be made on more sustainable options.
Short-term Goals:
  • 95% reduction in Scope 1 and 2 emissions by 2030 (from 2019 baseline)
  • 50% reduction in Scope 3 emissions by 2030 (from 2019 baseline)

Environmental Challenges

  • Supply chain disruptions due to climate events and macroeconomic headwinds.
  • Increasing extreme weather events impacting physical assets and operations.
  • Regulatory and policy changes related to climate change.
  • Shifting customer behavior and market changes due to climate change.
  • Increasing public scrutiny of the industry's climate impact.
Mitigation Strategies
  • Monitoring upcoming regulations and preparing for compliance.
  • Investing in lower emissions solutions and developing an emission reduction roadmap.
  • Investing in new products and offerings to meet customer demand for sustainable travel options.
  • Engaging with stakeholders to assess expectations and communicate efforts.
  • Assessing trends in risk areas and evaluating business resilience.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Third Party Risk Management Program
  • Data Center sustainability maturity assessment
  • Procurement-related supplier questionnaire

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Disruptions to regional or global travel
  • Longer-term changes in weather patterns
Transition Risks
  • Regulatory and policy changes
  • Market change
  • Public scrutiny
Opportunities
  • Development of lower emissions solutions
  • Increased demand for sustainable travel options
  • Improved business resilience and competitiveness

Reporting Standards

Frameworks Used: SASB, GRI, TCFD

Sustainable Products & Innovation

  • Travel Sustainable program
  • Less CO2 sorter on KAYAK
  • Filters for electric and hybrid rental cars

Awards & Recognition

  • Forbes: World’s Best Employers 2022
  • Fortune: World’s Most Admired Companies 2022
  • Travel Weekly: Power List 2022
  • U.S. Transparency Awards
  • American Chamber of Commerce in Thailand CSR Excellence Recognition award

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:276,308 tCO2e/year
Scope 1 Emissions:3,785 tCO2e/year
Scope 2 Emissions:162 tCO2e/year
Scope 3 Emissions:272,361 tCO2e/year

ESG Focus Areas

  • Climate
  • Compliance, ethics, and integrity
  • Data privacy and security
  • Diversity, equity, & inclusion
  • Employee health and well-being
  • Environmental impact of offices and operations
  • Human rights
  • Sustainable travel
  • Volunteering and charitable donations

Environmental Achievements

  • Reduced absolute Scope 1 & 2 emissions by 84% compared to 2019.
  • Reduced absolute Scope 3 emissions by 22% compared to 2019.
  • Became the first online travel provider to have its net-zero science-based target verified by the Science Based Targets initiative (SBTi).
  • Named on USA TODAY America’s Climate Leaders list.

Social Achievements

  • Launched a Vendor Diversity Program in 2023.
  • Named on Forbes Best Employers for Diversity and World’s Top Companies for Women lists.
  • 140 nationalities represented across Booking Holdings and its brands.
  • Booking.com carried out a Mental Health Awareness Campaign.
  • Priceline partnered with Maven Clinic to support family planning.
  • Agoda launched its enhanced Employee Assistance Hub, ICAS HUB.

Governance Achievements

  • Reviewed many governance processes to streamline sustainability initiatives.
  • Established a dedicated Human Rights team and a Human Rights Steering Committee within Booking.com.
  • Developed a first human rights training program for Booking Holdings and all brands (to be launched in 2024).

Climate Goals & Targets

Long-term Goals:
  • Reach net-zero GHG emissions across the value chain by 2040.
Medium-term Goals:
  • Reduce absolute Scope 3 emissions by 50% against a 2019 baseline by the end of 2030.
Short-term Goals:
  • Reduce absolute Scope 1 & 2 emissions by 95% against a 2019 baseline by the end of 2030.

Environmental Challenges

  • Increased business activities of Booking Holdings and its vendors in 2023 led to an increase in total emissions year-over-year (Scope 3).
  • Data-related challenges in accurately tracking and reporting on sustainable bookings.
Mitigation Strategies
  • Created a Scope 3 emission reduction roadmap.
  • Supporting carbon credit programs that focus on emissions avoidance and carbon removal.
  • Engaged with major vendors to encourage them in measuring, reporting, and reducing their GHG emissions.
  • Set up foundations and systems to track sustainable bookings, revising methodology to align with industry standards.

Supply Chain Management

Responsible Procurement
  • Vendor Diversity Program
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Disruptions to regional or global travel
Transition Risks
  • Regulatory and policy changes
  • Market change
  • Public scrutiny
Opportunities
  • Development of energy-efficient products
  • New markets
  • Business resilience and competitiveness

Reporting Standards

Frameworks Used: SASB, GRI, TCFD

Sustainable Products & Innovation

  • Eco Deals Program (Agoda)
  • Lower-impact taxis and hybrid rental cars (Booking.com)
  • Tagging system for lower-emission air travel (Booking.com)

Awards & Recognition

  • USA TODAY America’s Climate Leaders list
  • Forbes Best Employers for Diversity
  • World’s Top Companies for Women
  • Fast Company’s 2023 World Changing Ideas list