76 1 July 2024 Success Stories
EIC Survive & Thrive 2024
EIC Survive & Thrive 2024
23 Success Stories July 2024
Story type #environmental sustainability (main category) #innovation
ATPI Supporting the energy sector in its bid to reduce Scope 3 emissions Lynn Coutts
Pippa Ganderton
Managing Director, Middle East
Director ATPI Halo
How is ATPI thriving? Recognising the difficulties enterprises were having in providing accurate reports on their Scope 3 emissions, ATPI responded with a brand-new solution designed to validate and offset travel-related emissions. Such has been its popularity since launching in 2020, clients across all sectors, including energy, are queueing up to be onboarded. The challenge - The energy sector relies on a huge amount of domestic and international travel to function. Whether it’s workers moving to and from assets such as rigs and offshore platforms, or execs flying to numerous parts of the world to attend events and meetings, the industry leans heavily on all modes of transport across land, air, and sea. As a world-leading travel management company, ATPI has operations in over 170 countries, supporting the movement of people across the energy sector on a daily basis. In addition to managing logistics, it also plays a key role in supporting the safety, security, efficiency and wellbeing implications associated with travel. In recent times, the company has placed extra emphasis on sustainability, its latest challenge being to help companies in the energy sector cut down on their Scope 3 emissions by providing means to travel more efficiently and responsibly. The solution - The firm’s answer to the challenge is ATPI Halo. Launched in 2020, it is a solution that has been designed to act as a hub for ideas and offer tangible, sustainable solutions to companies whose business is dependent on travel. Inspiration for the solution came from speaking with clients such as NES Fircroft, BORR Drilling, Seadrill, and The Ocean Race. ATPI quickly realised how difficult it was for them to address the Scope 3 CO2e emissions amassed from their travel activity, leading to the development of its latest innovation. Since the launch of ATPI Halo, the company’s client-facing sustainable travel and events proposition has continued to evolve and mature, with many important milestones being achieved.
Customers globally have benefitted from this additional reporting capability, tapping into ATPI Halo’s high-quality, fully certified portfolio of carbon credit investment projects to offset all or part of their unavoidable travel CO2e footprints. So far, ATPI has invested and made available to its clients over 55,000 carbon credits, supporting indigenous communities in developing countries impacted by climate change, protecting wildlife, and proactively helping to remove carbon from the atmosphere. Further, in 2023, ATPI’s carbon offset portfolio expanded to 13 projects, ranging from renewable energies to efficient cookstoves, and nature-based carbon removal solutions. Technical enhancements to ATPI Halo have also been made along the way. For example, it now has an improved data collection and analytics reporting suite with ‘Analytics 2.0’, which includes CO2e emissions data for air and non-air elements of travel. The new version will also include a carbon budget capability. More and more clients are onboarding, including many players in the energy sector. Seadrill is one of those companies seeking to offset the emission associated with its unavoidable travel commitments, and has turned to ATPI Halo to do just that. Visibility over Scope 3 emissions is not only critical in discovering areas where environmental impacts can be reduced, but also in fulfilling ever-expanding ESG reporting criteria. Solutions such as ATPI Halo have therefore entered the market at just the right time, and there is nothing to suggest that momentum will not continue to build. Indeed, ATPI Halo revenues are growing strongly, with EBITDA in the Middle East up by 250%. Continue like this, and it might just become one of the savviest service innovations the company has ever made.
Benefits ▸ ATPI’s EBITDA in the Middle East up by 250% ▸ Company providing solutions suitable for the ever-expanding ESG reporting criteria.
Key findings For industry ▸ Don’t wait for perfection when starting your sustainability journey, start with small steps. ▸ Make sure you’re working on a key topic in your future business plan. For government ▸ Take an actual step forward when it comes to energy transition.
ATPI at a glance: Key products and services: worldleading specialist travel management in over 170 countries. Main industries served: ▸ Oil and gas – 80% ▸ Offshore renewable energy – 2% ▸ Others (non-energy): construction, retail, finance & insurance, specialist sports and corporate event management – 18% Headquarters: London, UK Year established: 1999 Number of employees: 3,000 (Group), 130 (Dubai) Revenue: £650m Revenue from exports: N/A