Fox World Travel
Climate Impact & Sustainability Data (2022-10 to 2023-09)
Reporting Period: 2022-10 to 2023-09
Environmental Metrics
ESG Focus Areas
- Community Stewardship
- Diversity, Equity, Inclusion, and Belonging
- Human Capital Development
- Ethics and Human Rights
- Energy and GHG Emissions
- Sustainable Purchasing Practices and Supply Chain Engagement
- Data Privacy and Security
- Risk Management
Environmental Achievements
- Reduced energy consumption through increased remote work (73% remote, 15% hybrid workforce)
- Sold a building, reducing energy consumption and emissions
- Partnered with Sadoff for e-recycling, reducing GHG emissions and diverting toxic metals
- Implemented paperless travel documentation
Social Achievements
- Named one of America’s Best Small Employers by Forbes in 2023
- Joined the United Nations Global Compact (UNGC)
- Made a commitment as a signatory to the CEO Action for Diversity and Inclusion
- Established an internal PACT Committee and trained all associates on PACT and human trafficking
- Enhanced associate benefits including Flexible Time Off (FTO), additional paid holidays, and improved short-term disability and bereavement benefits
- Exceeded associate engagement goal for the fifth consecutive year (91% overall satisfaction)
Governance Achievements
- Conducted first materiality assessment using GRI standards
- Developed a formal philanthropy policy
- Developed a Diversity, Equity, and Inclusion and Supplier Diversity Statement
- Began tracking Tier One supplier diversity
- Implemented a company-wide anti-discrimination policy
- Obtained SOC2 Type 1 and SOC2 Type 2 certifications
- Launched vendor risk management program
- Zero substantiated complaints or breaches reported in data privacy and security
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve 100% hybrid work schedule at all office locations
- Develop a deeper understanding of scope 3 emissions
- Create quantifiable goals within supplier diversity program
- Create a Supplier Code of Conduct
- Aspire to top member status within 3 years (December 2025) with PACT
Short-term Goals:
- Complete scope 1 and scope 2 GHG inventory in fiscal 2024
- Create a time-bound emissions reduction target
- Develop a well-informed strategy and related environmental policy
- Train 100% of associates on identifying and stopping human trafficking
Environmental Challenges
- Mitigating GHG emissions from customer aviation travel
- Increasing commitment to diverse suppliers
- Developing quantifiable goals within supplier diversity program
Mitigation Strategies
- Seeking lower-emissions options for customers
- Surveying existing Tier One suppliers to determine diverse certification
- Developing environmental and social screening criteria to assess suppliers
- Creating a Supplier Code of Conduct
- Piloting initiatives to drive environmental awareness within customer base
- Offering customers the option to offset their travel-related carbon emissions
Supply Chain Management
Responsible Procurement
- Review of qualified suppliers
- Pursuit of certified diverse suppliers
- Consideration of environmental sustainability, company culture, and diversity in partner selection
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: PCI
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 11 (Sustainable Cities and Communities)
- Goal 13 (Climate Action)
- Goal 5 (Gender Equality)
- Goal 10 (Reduced Inequalities)
- Goal 8 (Decent Work and Economic Growth)
- Goal 16 (Peace, Justice and Strong Institutions)
Fox aligns its sustainability efforts with the UN SDGs through various initiatives detailed in the report.
Awards & Recognition
- Forbes America’s Best Small Employers