GlobalData offers a comprehensive analysis of Travelsky Technology, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Travelsky Technology‘s ESG performance. GlobalData’s company profile on Travelsky Technology offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Travelsky Technology, a Chinese provider of travel-related products and services, is dedicated to addressing the effects of climate change while simultaneously advancing its business, aiming to capitalize on the prospects presented by the transition to low-carbon practices. Travelsky Technology's latest filings mentioned the keywords 'Carbon' and 'Emissions/Emission' most number of times in relation to 'Climate Change'.
As per 2022 ESG report, the company’s greenhouse gas (GHG) emissions across Scopes 1-3, with total GHG emissions in 2022 being 116,348.1 tonne CO2e. The Beijing government granted the company an additional 30,000 tonnes of free carbon quotas compared to the previous reporting period, leading to an annual cost reduction of more than RMB 4 million in transactions. Travelsky Technology has implemented a series of actions to reduce carbon emissions, focusing on three areas: technological, managerial, and through the introduction of carbon trading. The company has carried out projects aimed at reducing energy consumption and improving energy efficiency, such as the "Phase I Upgrade and Reconstruction of Double Cold Source in Houshayu Data Centre 'Critical Infrastructure' machine room" and "Transformation of intelligent power distribution system in Houshayu Park". Travelsky Technology has also strengthened internal management and performed energy consumption management and internal carbon inventory checks.
Travelsky Technology has implemented steps to reduce carbon emissions, including refining the operating temperature and heating mode of the boiler, fine controlling of air conditioning equipment operation mode, operation time and operation temperature, adjusting the elevator operation mode in the park, adjusting the operation mode and time of flood lighting in the park, and strengthening the energy-saving awareness of all staff and standardising energy-saving electrical equipment. The company has also focused on carbon market fluctuations and actively conducted research on related carbon market mechanisms, while continuously improving internal management levels on the basis of meeting regulatory requirements.
In conclusion, Travelsky Technology has taken proactive measures to decrease carbon emissions through a comprehensive approach encompassing technological advancements, managerial strategies, and the adoption of carbon trading. The company has set a goal to achieve carbon peak before 2030 and has formulated an action plan to reach this goal. The company persistently investigated energy-saving and emission-reduction technologies for data centers while actively encouraging the development of environmentally friendly data centers. As a result, the Houshayu data center was recognized as a nationally acclaimed green data center. The company has actively conducted research and development on green technologies to support the low-carbon development of both the company and the broader aviation industry.