Consumer Products
The travel and tourism industry is an important contributor to economic opportunity and employment, supporting more than one in twelve jobs worldwide.
In recent years, it has weathered global shocks, with demand impacted by events ranging from the COVID-19 pandemic to the impacts of climate change on vulnerable local communities relying on tourism. The industry’s sustainability challenges—and opportunities—are complex and interconnected. Its greenhouse gas emissions are a significant contributor to climate change. Many issues threaten the resilience of travel and tourism companies, including:
- Extreme weather.
- Property destruction.
- Ecosystem and biodiversity loss.
These, in turn, affect the health and well-being of the industry’s customers, employees, and host communities.
By reducing their impact on the natural environment and safeguarding the health and livelihoods of communities around the world, travel and tourism companies can create more resilient companies while safeguarding the destinations, cultural heritage, and communities on which they depend.
