London, United Kingdom — AltoVita, the award-winning global corporate accommodation platform, has launched EcoStats.
The free-to-use tool accurately estimates the CO2 emissions for each night’s stay in any of the accommodations listed on AltoVita, offering a transparent and reliable measure of environmental impact.
When searching for corporate accommodation on the AltoVita platform, the user inputs the specifics of the stay, including location, duration and accommodation type. EcoStats then assesses various sustainability metrics such as; certifications, renewable energy usage, carbon tracking, efficient lighting, single plastic use, recycling, responsible sourcing, and more. The search results (property profiles, quotes, and booking confirmations) will all show the calculated volume of CO2 emissions per night.
As a result, AltoVita EcoStats gives clarity in understanding the environmental impact of accommodation options, helping users to compare CO2 emissions performance as easily as rates and amenities.
AltoVita EcoStats follows reporting processes consistent with practices used in research such as the Cornell Hotel Sustainability Benchmarking Index. In partnership with Thrust Carbon, the tool is grounded in scientific accuracy and adheres to internationally recognised sustainability standards.
The launch coincides with upcoming European Union legislation — the Corporate Sustainability Reporting Directive — which will soon require large companies and listed companies to publish regular reports on the social and environmental risks they face, and on how their activities impact people and the environment.
This EU directive is being phased in from next year through 2029.
“EcoStats is a sustainability suite, and eventually it will not just include CO2 quantities, but multiple indicators, such as length of stay, seasonality and the number of guests, that help businesses and travellers make more informed decisions,” said Mikhail Lortkipanidze, Senior Product Manager at AltoVita. “We’re thinking long-term, to make it compliant with the EU’s Corporate Sustainability Reporting Directive.”
Companies today are more than aware of the need to reduce emissions within their mobility and travel programs. According to a recent survey, 54% of travel managers say their company has set either internal or public targets to reduce Scope 3 emissions, which include those from business travel. Another 23% are planning to set such reduction targets, based on the findings in “The State of Climate Action in Business Travel – Global Industry Barometer 2023,” published by the Global Business Travel Association in June 2023.
And according to Harvard Business Review and NTT, companies that prioritise sustainability outperform their peers by 44% in the long run.
AltoVita EcoStats makes it easier for companies to hit their sustainability goals.
For more information, visit www.altovita.com/ecostats
AltoVita delivers smart and sustainable corporate housing solutions to employees anywhere in the world.
AltoVita’s unique offering sets us apart in the market, providing a network of 7 million+ verified and vetted properties that are all duty of care compliant, backed by a four-tier quality control process, located in over 35.000 cities & 165 countries world-wide. With our award-winning enterprise software and human-centric approach, we deliver smart and sustainable solutions to global talent mobility & business travel managers worldwide.
Our Client Development team plays a vital role as trusted advisors and partners to our clients. Embodying our consultative philosophy, this dedicated team proactively shares new market insights, analyses data, and empowers our clients with the tools and knowledge to make informed decisions, ensuring our clients are always equipped to make the best choices for their corporate housing needs.
AltoVita’s technology provides a cloud-based bridge between the highly fragmented property distribution system and multinational Global 2000 companies. A proprietary two-way API integration with a standardised sourcing process reduces the legacy, inefficient 48-to-72-hour bidding process down to a few minutes, saving valuable time and money.
Corporate clients love the bespoke user interface seamlessly configured to their mobility policies, and employees enjoy a greater sense of choice and support in their relocation journey.