"Intrepid, and frankly the entire travel industry, is not on track to achieve a 1.5C future, and more urgent action is required if we are to get even close."
"We are not comfortable maintaining a target that we know we won't meet."
"We were the first global tour operator to adopt a science-based target through the SBTi and now we're owning the fact that it's not working for us. We've always been real and transparent, which is how we build trust."
Intrepid, an Australian-headquartered global tour operator, is scrapping carbon offsets and abandoning its Science Based Targets Initiative (SBTi) emissions commitments. The company will invest A$2m (about US$980,000) per year in an audited climate impact fund to support immediate practical measures such as switching to electric vehicles and investing in renewable energy. Intrepid acknowledges that customer flights constitute the largest share of its footprint and previously conceded that offsets were not credible. The decision cites insufficient government action on renewable energy and sustainable aviation fuels and establishes a new focus on cutting carbon intensity per trip verified by independent auditors.
Read at www.theguardian.com
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