World Travel & Tourism Council (WTTC)
Climate Impact & Sustainability Data (2016)
Reporting Period: 2016
Environmental Metrics
ESG Focus Areas
- Sustainable Tourism
Social Achievements
- Travel & Tourism supported 2,313,500 jobs directly in Thailand in 2016 (6.1% of total employment), and this is forecast to grow by 6.3% in 2017.
Climate Goals & Targets
Long-term Goals:
- Travel & Tourism will account for 4,009,000 jobs directly in Thailand by 2027, an increase of 5.0% pa over the next ten years.
Medium-term Goals:
- Direct contribution of Travel & Tourism to GDP is expected to grow by 6.7% pa to THB2,708.0bn (14.3% of GDP) by 2027.
Short-term Goals:
- Rise by 9.3% in direct contribution of Travel & Tourism to GDP in 2017
Environmental Challenges
- Ever-increasing and unpredictable shocks from terrorist attacks and political instability, to health pandemics and natural disasters
Mitigation Strategies
- Enacting pro-growth travel policies that share benefits more equitably
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Tourism Satellite Accounting (TSA:RMF 2008)