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