The TMC, which is owned by Navan, said it will integrate clients¡¯ booking data into Clarasight¡¯s platform to ¡°enable both parties to deploy actionable insights for their shared clients¡±.

This includes a ¡°first-of-its-kind¡± benchmarking solution that allows corporates to compare their travel activity, spend and emissions against that of industry peers.

This functionality will provide both company-level and city-pair level benchmarking, according to the companies, along with access to Clarasight¡¯s scenario modelling and carbon budgeting capabilities. The collaboration will also see the two companies combine their datasets to publish wider industry analyses.

This latest development follows Reed & Mackay¡¯s?2023 partnership with carbon emissions specialist Squake?to integrate emissions data into its online booking tool, and its recently launched carbon-based travel approval functionality.

¡°Many of our clients are focused on ways to drive emissions reduction further into their travel programmes. Simply tracking emissions is no longer enough ¨C there needs to be coherent and achievable activity to back this up, and this is where the Clarasight platform can really add significant value,¡± said Reed & Mackay¡¯s global sustainability director, Chris Truss.

¡°This is an exciting collaboration because it allows us to leverage our existing CO2 data and reporting capabilities to provide a platform for our customers with access to highly strategic guidance for more enhanced, forward-looking sustainable travel programmes,¡± Truss added.