Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. UTRECHT, February 20, 2020 Leading travel management company BCD Travel today announced its financial results for 2019. Shane Hamnett joined BCD and the Energy Department was established. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place. The privately-owned company was founded in 1975 by John Fentener van Vlissingen and consists of BCD Travel (global corporate travel management and its subsidiary BCD Meetings & Events, global meetings and events agency) and Park N Fly (off-airport parking). David Hutchinson joined the company in 2015 and set up the New Plymouth office. Our 2022 Sustainability Update summarizes activities, achievements and progress against our key performance indicators. There are many opportunities for travel buyers when it comes to offering travelers wellbeing tools and partnering with wellbeing suppliers. 2018. Our goal is to change how we connect our community to America's business & educational industry, we will be the leader in small business development and Human Capital. Correction, Oct. 21: BCD Travel's job losses are expected to total 3,000 for the entirety of the pandemic; a previous version of this report indicated those cuts were upcoming. BCD - Advanced Pharma processing solutions for Biopharmaceutical and Food & Beverage Industry Life Sciences. It took controlling ownership of its Japan partner, one of the Asia-Pacific regions most important markets for corporate travel. The Beat serves over 10,000 readers through its paid-subscription newsletter and website that provide breaking news about corporate travel distribution, travel management and technology. Approximately 898 institutions were required to submit a 2020 Annual Report to the Bureau. Our global sustainability management system incorporates six Focus Areas, including governance, ethics and compliance; workplace practices; environment; sustainable procurement; service performance and charity and community support. Lars Larsen Group LLG A/S - CVR 86001519 Sdalsparken 18 8220 . This growth is a continued testament to the confidence our policyholders and Agents have in the strength and stability of our organization. BCD Meetings & Events successfully designed, produced and delivered a one-day event at ExCel London for 500 suppliers and clients, consisting of main plenary with set & stage environment, breakout sessions, gala awards dinner with live entertainment and celebrity host. It is classified as operating in the Securities, Commodity Contracts & Other Financial Investments industry. 655 institutions submitted Annual Reports online prior to the . 2020. The aim is simple: to put a smile on the childrens faces for at least one day this year. We have an obligation to ourselves, our clients and our communities to grow sustainably. Thanks to its action on climate change, BCG earned an A rating in the 2020 CDP Climate Disclosure, the gold standard of corporate climate transparency. The big idea: Travel and The Law of Attraction, Holcim optimizes their travelers experience with Cytric and TripSource hotel content, Research Snapshot: Wellbeing trends Travel buyers speak, Research Snapshot: Wellbeing support Travel buyers speak, Research Snapshot: Wellbeing solutions Travel buyers speak, Research Snapshot: Wellbeing policies Travel buyers vs. Travelers, Research Snapshot: Wellbeing goals and stakeholders, Research Snapshot: Wellbeing challenges and TMC support Travel buyers speak, Free access to BCD Travel News & Updates, our monthly newsletter, Notices about new publications and other occasional emails, Immediate access to our thought-provoking research, reports and guides that help solve everyday issues in managed travel, Invitations to virtual and in-person events worldwide. The Inc. 5000s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years. UTRECHT, The Netherlands, Dec. 8, 2021 A cross section of corporate travel industry professionals surveyed by industry news publication The Beat has selected BCD Travel as the Most Admired Travel Management Company for the ninth time, The Beat announced yesterday. BCD Group's annual revenues are $10-$50 million (see exact revenue data) and has 10-100 employees. UTRECHT, February 20, 2020 Leading travel management company BCD Travel today announced its financial results for 2019. Inc. 5000 represents a unique look at the most successful independent private companies across the country. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. However, he said some industries, such as pharmaceuticals, actually would see an increase in travel in the coming years. Our mission is to provide comprehensive, and fundamental services to our clients. BTN portfolio mateThe Beatthis month reportedthat BCD Travel this year applied for a loan under the U.S. Federal Reserve's Main Street Lending Program, established by the CARES Act, but has not finalized an agreement. This report and its headline have been updated accordingly. Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. How can the industry remain relevant and convey its value and purpose to those inside and outside of the industry? Download the 2020 Annual Sustainability Report. Bio Technology. The company went from a single to multi-disciplinary consultancy providing Planning and full Engineering services. As always, Inc. reserves the right to decline applicants for subjective reasons. We also became the first global travel management company to join the Science Based Targets initiative (SBTi). Time and again research demonstrates that companies who take these areas of the employee experience seriously are building their business to succeed. Were honored that our peers and clients noticed our efforts and voted us Most Admired TMC for the fifth consecutive year. Integrating our talent development, wellbeing initiatives and Diversity & Inclusion program into our company is not only the right thing to do for our employees its also good business. Underlying attributable profit of US$9.1 billion (footnotes 1, 3) Download the 2020 Annual Sustainability Report For media inquiries, please contact Eric Gregoire at +1 617 850 3783 or gregoire.eric@bcg.com. The Beat readers identified their most admired companies in six categories: airlines, hotels, car rental companies, TMCs, technology providers and payment systems. Without core values, someone can lose themself, the same applies to a corporation. BCD's rank improved by 72 spots to No. In short, we help our clients travel smart and achieve more. Were also ISO 14001 certified across all our wholly owned markets. 2020/21. Building on the firms pledge to reach net-zero climate impact by 2030, BCG reported a 70% decline in total greenhouse gas emissions in 2020 (compared with their 2018 baseline year). Travel buyers offer various policies that improve traveler wellbeing but not always these options coincide with what travelers are looking for. BCD Travel acquires the business travel and meetings & events activities of its partner in Italy as part of continuing global growth strategy, 4 ways to tackle business travel program data, Reduce risk with a Traveler Security Program Assessment, Business travelers can help combat modern slavery, Shift your focus to people risk management, How to make sure your hotel sourcing strategy works for you and your travelers, BCD Travel bolsters its reputation as the travel industrys Most Admired Travel Management Company, Industry collaborates to solve talent crisis across business travel industry during GBTA Europe Conference, BCD Travel expands European executive team with the addition of two new senior vice presidents, Traveler survey highlights duty of care gap for remote working and bleisure travel, BCD Travel hired new vice president of sustainability to continue driving initiatives across six sustainability focus areas. We partner with travel and procurement leaders to simplify the complexities of business travel, drive savings and satisfaction, and move whole companies toward their goals. This report explains how we are delivering on that commitment, empowering our people to continue to evolve our business, drive positive social impact, and protect our planet, said Rich Lesser, CEO of BCG. BCD Group is a market leader in the travel industry. And what is the general outlook for inflation in key markets next year? Welcome to our business travel management resources page! With this survey we aimed to explore the topic of Travel Risk Management (TRM) by looking at the traveler experience as well as a variety of measures that may improve the health, safety and security of business travelers. Dear Reader, When I sat down to write my foreword for the 2019 Annual Report twelve months ago, I did so with a sense of hope, pride and celebration. 2020 started with an industry-wide slowdown of travel especially in the Far East due to the coronavirus. The Brief AIIB had planned to hold their 5th Annual Meeting in a face-to-face environment in July 2020, however, due to the COVID-19 pandemic and travel restrictions imposed, they needed an alternative way to stage this flagship event. Through our third-party audited best practices, we also support our clients sustainable procurement strategies. The report also covers the firms commitment to diversity, equity, and inclusion, a long-standing priority at BCG. The annual assessment of our sustainable business practices by EcoVadis the worlds most trusted business sustainability ratings provider increases transparency and reduces risk in your supply chain. In its efforts to navigate the ongoing pandemicand the attendant unprecedented downturn in global corporate travelthe travel management mainstay will have cut around 3,000 positions out of its pre-Covid global workforce of 14,000, van Vlissingen estimated. BCD Group Merges with Align Surveyors and grows to over 100 employees. It purchased Adelman Travel Group, one of the largest full-service travel management companies in North America. The Annual Report is due by December 1st of each year, and is required to include specific information related to the educational programs offered by the institution in the reporting period. Its especially meaningful since this recognition comes amid the pandemic, which has brought us and the whole industry unique and difficult challenges.. We will always stay true, positive, open, and honest, and all actions are for the betterment of the community and its people. Food & Beverage. Footer; About us. Annual Report 2020 | Carlsberg Group BOSTONBoston Consulting Group (BCG) today released Progress in a Year of Adversity: 2020 Annual Sustainability Report. In the upcoming years, most travel buyers expect the importance of traveler wellbeing to increase. And as we reinforce our commitment to sustainability, were partnering with clients to help them build their own sustainable travel program initiatives. Innovative Construction Group; Careers. 3616 compared to the previous year, marking the fourth consecutive year and fifth time overall BCD has made the ranking. The Solution. From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.. Annual reports. The poll asked readers to vote for the most admired suppliers for their policies, management style and service for business clients. BCD Group sponsor several children to attend this special event each year. They also provide support in the community to these children who are generally living with the burden of illness, poverty and/or disability. Our annual report shines a spotlight on the dedication . The BCD Group companies: Global leader Press contact BCD Group & BCD Travel. Leaders face an uncertain landscape. We announced a final dividend of US$0.55 per share, taking the total dividend for the year to US$1.20 per share, a return of US$6.1 billion to shareholders, the third year in a row we have returned over US$6 billion. Annual Reports See our progress over the years in our Annual Reports. For more information, visit www.bcdtravel.com. We give travelers innovative tools that keep them safe and productive and help them make good choices on the road. We make this happen in 109 countries with a global client retention rate of 98%, the highest in the industry. Find out in this new report, Travel Costs Outlook and Market Update. We make this happen in 109 countries with a global client retention rate of 98%, the highest in the industry. KEEP READING, Partner with Delta and get access to innovative products and services, award-winning account support and powerful tools that help your business reach new heights. BCDs global footprint now includes more than 125,000 system installations recording over 3 million cameras in 81 countries. This report and its headline have been updated accordingly. Read how BCD implemented Cytric, integrated with TripSource hotel content, enabling Holcim to solve functional issues with their online booking tool, which caused travelers to book hotels outside of the travel program. ; Other financial Investments industry solutions through leading-edge management consulting, technology and design, and inclusion, long-standing. Corporate and digital ventures decline applicants for subjective reasons, global teams bring deep industry and functional expertise a. 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