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Business travel put off in 2021

Business travel put off in 2021

Many people had low hopes of traveling in 2021, but now that a Coronavirus vaccine has begun to be distributed, that hope has finally taken off. Many are looking forward to a year of travel in 2021, but there will be some who will have to keep themselves grounded. Many business travelers, likely eager for travel after the vaccine, while likely see their need to travel but cut dramatically. This is because during the 2020 year, many companies continued to be pressured to be environmentally friendly, in spite of the virus. Here is how the ramifications will affect the coming year.

Pressed suits and pressed companies

In times of distress, many companies cut their environmental promises so that they can stay afloat. It would be reasonable to see numerous businesses cut their promises over the last year, but this just wasn’t the case. Many businesses were pressured by investors to keep up their environmental promises.
In addition, many of those traveling for leisure or business during the months of the virus had the “environmental impact” as one of the top concerns about various businesses in the industry. All of this, coupled with the lower amount of business and travel likely in 2021, means that companies will need to jockey to see who can best cut waste.

Consumer awakening

A catastrophic event on the scale of the Coronavirus serves to, at the very least, shake people up. Many people are looking around at the world around them, and are seeing large corporate companies doing serious harm. And because of Coronavirus, they don’t want that harm to stop in 2030, or even 2025. They want it to end now. Large oil companies like Exxon have presented emission reduction programs, only to be shot to pieces by a critical public who wants more. Groups like Nestle who have not reached their “net zero” emission goals are being criticized even more.
Many companies have to consider, with emissions a large concern, how much they travel for business, and this is where all the flying comes into play. The top 1% of flyers are responsible for 50% of emissions, and many of these people fly for business. If these businesses have any hope to meet the demands of the public and investors, these frequent flyers will find their feet on the ground more often than they are usually used to.