Corporate lodging platform HRS has launched an extension to its Green Stay Initiative that allows hotels to compensate for "unavoidable emissions" linked to corporate travel, the company announced last week.
HRS's Emissions Compensation Program is available to Green Stay Initiative participants and free to join but requires an "investment" from hotels to cover CO2 emissions, according to HRS. Following corporate stays booked through HRS interfaces, compensation costs are calculated per night, per room and typically equate to 1 percent of the hotel's average daily rate, according to HRS. These charges go directly to "verifiable high-quality projects" that focus on "carbon removal and avoidance," according to HRS, to offset hotels' corporate CO2 emissions.
The investment "effectively facilitates an automated process for high-performing Green Stay hotels to compensate for unavoidable emissions related to the stay of corporate travelers," the company said.
Compensation offerings "complement" corporate lodging programs that are taking "active steps towards Net Zero operations," HRS CEO Tobias Ragge said in a statement, adding that ECP leverages tech to "enhance sustainability attributes and support quality carbon reduction activities that can be tracked and reported by corporations."