2021 U.S.-Booked Air Volume: $10.3 million
Consolidated U.S. TMC: BCD
Engineering and professional services firm Jacobs in 2021 spent $10.3 million on U.S.-booked air travel spend, compared with $10.6 million in 2020, according to BTN estimates. Jacobs reopened offices in 2021 with a hybrid work model allowing people the flexibility to work at home, the office, or a mix of both. The company also enacted a vaccination policy in 2021 for employees who returned or participated in “business-essential travel.”
Revenues reached $14.1 billion for the fiscal year ending Sept. 27, 2021, up 4 percent from 2020. Operating profit jumped 28 percent to $688 million, including savings from a steep decline in business travel.
Jacobs became carbon-neutral in its operations and business travel in 2020, and the company took proactive steps to ensure that business travel emissions did not return to pre-pandemic level. Jacobs has committed to reduce business travel emissions by 50 percent by 2030 and 90 percent by 2040 against a 2019 baseline. Executives have pledged to reduce in-person meetings that require travel, promote remote conferencing tools and monitor progress using employee and manager travel dashboards. The company continues to work with travel suppliers to further reduce emissions from business travel.
Jacobs in January 2022 implemented an internal carbon price on business travel to help reduce its carbon footprint.