3616 compared to the previous year, marking the fourth consecutive year and fifth time overall BCD has made the ranking. 655 institutions submitted Annual Reports online prior to the . By the time the Covid-19 pandemic has run its course, BCD Travel will have reduced its workforce by more than 20 percent, BCD founderJohn Fentener van Vlissingentold Dutch newspaperFinancieele Dagblad. Letter from our Executives John Snyder UTRECHT, February 20, 2020 Leading travel management company BCD Travel today announced its financial results for 2019. BCD Group is a market leader in the travel industry. 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. Annual Report 2020 | Carlsberg Group Get instant access to news, reports and insider information from BCD Travel when you join our mailing list. BCD Group is a market leader in the travel industry. Were honored that our peers and clients noticed our efforts and voted us Most Admired TMC for the fifth consecutive year. Jonathan Brown brought his expertise as a Planner and joined as a Director in 2011. Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. Were committed to supporting a healthy and sustainable environment by establishing policies and programs that specifically address how we conduct business in a safe, environmentally-sound manner while following relevant legislation and regulations. We make this happen in 106 countries with a global client retention rate of 97%, the highest in the industry. Our global sustainability management system has been platinum rated twice, and is in the top 1% of all suppliers assessed a measurement of our leading expertise in sustainability best practices. 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. For media inquiries, please contact Eric Gregoire at +1 617 850 3783 or gregoire.eric@bcg.com. Food & Beverage. Footer; About us. KEEP READING, As travel resumes and the world emerges from the pandemic, business travel has expanded its horizons to include all industries including the arts, technology and start-ups. 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. PR & Content Creation Manager. BCD Group are sponsors of Autism NZ, a charity that supports families with children diagnosed with Autism spectrum disorder in the community. The Environmental department was established. Visit BCD Travel 106 countries worldwide Global client retention rate of 97% Nine-time winner of 'Most admired TMC' as voted by readers of The Beat BCD Travel brands Meetings and event management Sports travel and events Technology, Media, and Telecommunications, The CEOs Dilemma: Business Resilience in a Time of Uncertainty. This field is for validation purposes and should be left unchanged. 2010. Almost every household, community, organization, sector, and nation are reeling from the pandemic's impact on health, the economy and society. BCD Group sponsor several children to attend a fun day out each year, as well as providing financial support to families who are dealing with the . read more Infographics Research Snapshot: Wellbeing trends - Travel buyers speak May 31, 2022 The glory belongs to them!. We support our employees in their own efforts to support local community charities through companywide charitable initiatives like Making a Difference and our partnership with organizations to end child trafficking and exploitation. BCD Named to Best and Brightest Places to Work for in the Nation, BCD, Koyuncu Elektronik Announce New Distribution Partnership for Turkish Market, BCD named one of Chicagos Best and Brightest Companies to Work For in 2021. While there have beensigns of lifesince then, even the most optimistic projections acknowledge that the corporate travel industry's recovery will be slow. KEEP READING, As the world returns to travel, you may have more questions than answers when it comes to managing your resurgent business travel needs. 2018. Highlights. We make this happen in 109 countries with a global client retention rate of 98%, the highest in the industry. Lars Larsen Group LLG A/S - CVR 86001519 Sdalsparken 18 8220 . The Beats readers include travel professionals from corporations, TMCs, airlines, hotels, global distribution systems, technology providers, car rental firms, payment systems, consultants, financial analysts and media. Annual reports. Annual report 2021/22. 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. As always, Inc. reserves the right to decline applicants for subjective reasons. Strong governance within BCD Travel provides the foundation for building a culture of ethical behavior and minimizing business risk. BCD Group placed in the Deloitte Fast50 and Blair received the Property Council Young Achiever Award. Why is now not the right time to try and predict airfares and hotel rates for 2023? Leaders face an uncertain landscape. The Most Admired TMC award adds to a string of recent recognitions for BCD, including Forbes Best Mid-Sized Employers 2021, EcoVadis Platinum sustainability rating for the second year, TripSource winning a 2021 Gold Stevie Award for best travel app and the COVID-19 Info Hub winning a Bronze Stevie Award for most valuable service in the category COVID-19 response. For each of these Focus Areas we have established long-term commitments as well as annual objectives they set the framework for our continued improvement. The Beat is published by The BTN Group, which also publishes Business Travel News and Travel Procurement magazine and is part of Northstar Travel Group. The Environmental department was established. In 2020, the number of incidents per million airline passengers increased by 82% year-over-year, with a further 23% rise recorded in 2021. 2019 Annual Report AGM Presentation-FY2019 Results Conference Audio. Filter in or out as many as 200 cities, as well as hotel and car rental class and meals of the day and watch as the per-diem calculator automatically adjusts per diems to your program. Helping others and giving back reflect our company values and are integral to our sustainability program. BCD Group sponsored this engineering and problem-solving event in both Tauranga and Taranaki. 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. In short, we help our clients travel smart and achieve more. They had to be U.S.-based, privately held, for profit, and independentnot subsidiaries or divisions of other companiesas of December 31, 2019. Through our third-party audited best practices, we also support our clients sustainable procurement strategies. To qualify, companies must have been founded and generating revenue by March 31, 2016. Our 2022 Sustainability Update summarizes activities, achievements and progress against our key performance indicators. The NGO development sector is itself rapidly facing a critical threat . 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. 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. Here, you'll find a variety of tools and information to help you plan and manage your company's business travel. 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. BCD Group acquired PCD Fire Design and grew to over 90 employees. Our annual report shines a spotlight on the dedication . It is classified as operating in the Securities, Commodity Contracts & Other Financial Investments industry. In the interview, the BCD founder cited financial fallout from the global coronavirus outbreak, which this year ground corporate travel to a standstillstrangling revenue for TMCs, many of which relied largely ontransaction feesfor income. 2021 Annual Report AGM Presentation-FY2021. We also became the first global travel management company to join the Science Based Targets initiative (SBTi). We believe people are more valuable than profits, we invest in personal growth by providing educational services. Our environmental impact strategy is based on the latest climate science and aligns with the Science Based Targets initiative, the CDP, EcoVadis, the UN Global Compact, the UN SDGs and the GRI. 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. Over the past five years, BCG has achieved equal promotion and retention rates for women and men among its consultants. In response to the global pandemic, BCG delivered more than 300 COVID-19-related projects across 40-plus countries. We give travelers innovative tools that keep them safe and productive and help them make good choices on the road. We recognize our responsibility to add sustainable value both up and down the supply chain to help change the procurement landscape. A BCD spokesperson said that the "vast majority" of that reduction already has taken place over the past several months. BCD Group have donated to Kids Can, providing 4,000 meals to New Zealand children in need. We also became the first global travel management company to join the Science Based Targets initiative (SBTi). All Rights Reserved. Thurs., Dec. 8 at 1pm ET / 10am PTSponsored By: Emburse, Fri., Dec. 2 at 2 PM ET / 11 AM PTSponsored by: American Express Meetings & Events, Cvent, Group360, Tues., Nov. 15 at 12pm ET / 9am PTSponsored By: TripActions, Convene 225 Liberty St, NYC - October 2, 2023. 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). Our commitment to Diversity & Inclusion touches each of these Focus Areas, enabling us to celebrate and nurture different voices, backgrounds and perspectives in our workforce so that each individual can Be You at BCD. 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 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. How can the industry remain relevant and convey its value and purpose to those inside and outside of the industry? Return, Bizzabo Charts Path, Analytics, Sustainability and Traveler Safety: Shaping the Future of Corporate Travel, Understanding Booking Behavior and Its Impact on Travel Experience, 3rd Annual Travel Procurement Virtual Workshop Series, By Pam Fletcher, Chief Sustainability Officer Delta Air Lines, The Mechanics of Sustainble Business Travel, Atlas Travel Names New Business Development VP, Despite Survey Optimism, Delta Projects Steady Q1 Corp. Demand, Climate-Focused Investment Firms Lead $15M Chooose Round, Deltas Accelerated Sustainability Flight Plan, Air Canada helps small businesses take flight, Travel is back easy solutions to maximize your travel budget, Connecting the World One Meeting at a Time, Were making history by making our carbon history, Duty of Care Due Diligence Requires Wider Scope, Amex to Build on B2B Payments Platform with Nipendo Acquisition, Vindow Adds Renewal Module, Targets Large TMCs. In addition, we provide business culture, training, and placement programs for professionals and assist in managing new businesses that directly provide economic stability in America's diverse areas. Bosch develops solutions that are designed to ease and enhance daily life - it's what we call technology "Invented for life.". BCG was the pioneer in business strategy when it was founded in 1963. (Annual sales and employees) BCD Travel helps companies make the most of what they spend on travel. We sponsor the number 9 jersey for both the Waikato Mens and Womens provincial sides. Underlying attributable profit of US$9.1 billion (footnotes 1, 3) Copyright 2023 Northstar Travel Media LLC. The BCD Group Sprint is a Group 1 horse race held in February each year at Te Rapa Waikato Racing Club. 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). BCD's rank improved by 72 spots to No. Job Opportunities; Current Employees; Investor Relations. We also continue with our partnerships with ECPAT, A21 and Anti-Slavery International in support of our objective to drive education and awareness about modern-day slavery. 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. They also provide support in the community to these children who are generally living with the burden of illness, poverty and/or disability. And what is the general outlook for inflation in key markets next year? 2. 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. Business structure; . 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 Group is the Jersey Sponsor for current Taranaki Premier Division Champions since 2016. 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