The Policies and Perceptions panel agreed the industry carried a responsibility with regards to climate concerns and expectations. However, the panel noted a lack of collaboration between different industry sectors, such as aviation and cruise.
Jane Thompson, director of aviation, travel and tourism at consultancy ICF, said businesses traditionally preferred to be competitive, but gave the example of Oneworld alliance airlines contributing to a sustainable aviation fuel (SAF) development fund.
She said growing ESG (Environmental, Social and Governance) reporting requirements were encouraging businesses to act “more conscientiously as well as be competitive”.
