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Thomas Cook India & SOTC Travel partner with LTIMindtree to monitor & manage business travel emissions

Thomas Cook (India) Limited and its Group Company SOTC Travel, announced their partnership with global technology consulting and digital solutions company LTIMindtree, to launch “Green Carpet” – a global platform to monitor and manage business travel emissions.

According to the release, Green Carpet is built on the combined prowess of Thomas Cook & SOTC’s deep expertise in the travel industry, LTIMindtree’s ESG consulting and digital solutions capabilities and also leverages the global expertise of Fairfax Digital Services (a Fairfax company).

A SaaS-based platform, “Green Carpet” is designed to address specific concerns faced by organisations, helping them capture, monitor, analyse and reduce their carbon emissions from business travel. It offers real-time insights related to Scope 3 emissions and helps organizations to significantly reduce their ESG reporting costs.

Commenting on the development, Madhavan Menon, Chairman & Managing Director, Thomas Cook (India) Limited said, “Under its G20 Presidency, India has set ambitious ESG (Environmental, Social & Governance) goals, & India Inc. has been called on to implement SEBI’s BRSR mandate starting FY23. The need for a trustworthy partner to provide accuracy and speed in reporting is hence an imperative. At Thomas Cook & SOTC, our leadership in the travel sector formed the basis of our partnership with LTIMindtree – a leading technology solutions provider. “Green Carpet” therefore, not only embodies this potent partnership of leaders, but also leverages the global expertise of Fairfax Digital Services to collectively empower enterprises with the ability to seamlessly monitor and manage business travel emissions and drive their net zero goals.”

Sudhir Chaturvedi, President and Executive Board Member, LTIMindtree, said, “ESG has become a board-level priority for nearly all organisations, especially in cognizance of India’s ambitious goal to reach net-zero emissions by 2070. To achieve this goal, organisations are investing in initiatives and infrastructure that will enable them to track, reduce and report carbon footprint seamlessly. The Green Carpet, powered by LTIMindtree’s ESG digital platform and advanced analytics techniques and Thomas Cook & SOTC’s travel expertise, will help climate-conscious clients to comply with regulatory expectations. It will accelerate their net-zero journey through data-driven engineering solutions, cloud computing data analytics, and enable business decisions towards sustainable future.”

Sanjay Tugnait, CEO, Fairfax Digital Services, said, “Green Carpet is a scalable and powerful tool that will enable the enterprise customers accelerate their journey to Net Zero. This is an exemplary partnership between Thomas Cook, SOTC & LTIMindtree powered by the Global Knowhow of Fairfax Digital to create ESG solutions. To capture, measure, benchmark and report is not only a requirement by SEBI for scope 3 emissions but also a social obligation for us to do our bit and save the planet. In this the year of India’s G20 Presidency, as a member of the G20 Startup 20 Task Force on Sustainability, under the leadership of Dr Chintan Vaishnav, I am delighted we have built this digital solution that India can showcase amongst the G20 nations.”

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