2016 U.S.-Booked Air Volume: $52 million
As Barclays engaged in one of the largest restructurings in
its history in 2016, it cut its U.S.-booked air travel spend more than 13
percent to $52 million, according to a BTN estimate. Restructuring efforts,
including a significant cut in the ownership of its African operations, have
reduced the size of the company, and restructuring continued into this year.
Barclays aims to reduce carbon emissions 30 percent by 2018, and emissions,
including those from business travel, declined 15.8 percent last year. That
came through stricter controls on business travel and approval processes.
Carbon emissions from air travel decreased 31.9 percent, those from rail travel
declined 50 percent, emissions from taxi went down 28.3 percent and they
decreased 43.7 percent for car hires.