2021 U.S.-Booked Air Volume: $4.3 million
Consolidated Global TMC: BCD
Pharmaceutical giant Bayer in 2021 completed a global travel
management services consolidation effort under BCD Travel, adding 61 counties
to its program for a total of 94. The move, precipitated by the 2018 completion
of Bayer’s acquisition of U.S. agricultural firm Monsanto, took about 12 months
to complete. BCD for many years had served as Bayer’s consolidated TMC in the
U.S., but the company had used several agencies elsewhere.
Bayer’s Scope 3 greenhouse gas emissions, which include
business travel emissions, in 2021 declined by 7 percent year over year. The
company in 2021 offset all emissions generated by business air travel and has
pledged to reduce by 2029 absolute Scope 3 emissions by 12.3 percent compared
with 2019 levels.
Bayer’s 2021 U.S.-booked air volume dropped from the prior
year, according to a BTN estimate. The company’s 2021 revenue increased 6.5
percent year over year to nearly €44.1 billion.