2022 U.S.-Booked Air Volume: $27M
Consolidated U.S. TMC: Amex GBT

Interpublic Group spent $27 million in U.S.-booked air travel in 2022, according to a BTN estimate, up substantially from $6.2 million the prior year.

The marketing and advertising company's 2022 revenue increased 7 percent year over year to $10.9 billion. Operating income fell 4 percent to $1.4 billion including the impact of restructuring charges. Office and other direct expenses increased by 5.2 percent in 2022 due partly to increases in travel and entertainment expenses and expenses related to company meetings and conferences.

With over 58,000 employees globally, IPG's domestic and international travel policies aim to reduce carbon emissions associated with employee business travel and meetings. The company pledged to achieve 100 percent renewable electricity by 2030 and reached 20 percent of that goal by the end of 2022.

Its policies ask employees to consider CO2 emissions among preferred IPG carriers, including choosing rail over air and "carefully selecting" air travel class. IPG's booking tool allows employees to sort flights and accommodations by CO2 emissions. Many IPG offices have enhanced videoconferencing capabilities and the company promotes alternatives to meetings that require travel. IPG also is exploring ways to support the development of sustainable aviation fuels.