bcd group annual report 2020

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 many stresses and challenges of caring for a child born with a heart condition. The Mens side has had a tough time in recent years but, we will continue to support the teams though the good and tougher times. We give travelers innovative tools that keep them safe and productive and help them make good choices on the road. The Environmental department was established. The poll asked readers to vote for the most admired suppliers for their policies, management style and service for business clients. It purchased Adelman Travel Group, one of the largest full-service travel management companies in North America. In addition to remote keynote speakers, a branded studio was also required locally in Beijing. janneke.kraanen@bcdtravel.nl. 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. 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. In short, we help our clients travel smart and achieve more. By channeling the drive to innovate #LikeABosch, we're already writing the code that will make tomorrow a better place to live. 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. High Purity Process Systems mASCO gROUP cONTACT uS DESIGN BUILD VERIFY Sales totaled US$27.5 billion in 2019, including US$10.9 billion in partner sales. A talented, healthy and engaged employee population drives performance and powers innovation, making it imperative that we continue to attract, develop, motivate and retain employees. 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. 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. The Auckland and Napier office opened early 2022. 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. 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. FOREWORD BY THE CEO. For more information, visit www.bcdgroup.com. BCD Group is a market leader in the travel industry. And in 2020 the firm announced a new set of commitments aimed at improving racial equity, including investing $100 million of its talent resources over five years to support organizations that address racial injustice and inequality in the US. 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. Sales grew by 1% over 2018 despite the global economic uncertainty and political unrest in many parts of the world. In 2020, the number of incidents per million airline passengers increased by 82% year-over-year, with a further 23% rise recorded in 2021. Annual Reports See our progress over the years in our Annual Reports. BCG was certified as a CarbonNeutral company for the third consecutive year and continued to source 100% of its electricity from renewable energy sources. BCG X disrupts the present and creates the future by building bold new tech products, services, and businesses. 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. 2021/22. How can the industry remain relevant and convey its value and purpose to those inside and outside of the industry? We aim to increase employment, financial viability, education, and social stability for small businesses & their communities, we do this by providing services at every stage of our client's business cycle, and we pair this with providing staffing and training services to develop human capital, specifically for community-based businesses, all must have a direct benefit to the community and its people. Boston Consulting Group is an Equal Opportunity Employer. Whats in store for the future of business travel? New sales again surpassed the US$1 billion mark. Here, you'll find a variety of tools and information to help you plan and manage your company's business travel. 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. However, he said some industries, such as pharmaceuticals, actually would see an increase in travel in the coming years. In response to the global pandemic, BCG delivered more than 300 COVID-19-related projects across 40-plus countries. From our ISO 14064 and ISO 14065 carbon emissions calculation methodology, to our traveler engagement and wellbeing strategies were leading the way to help our clients build sustainable travel agendas. BCD received both the Urban Design and Supreme Excellence awards. As a member of team red BCD Group staff regulary give blood to the NZ Blood service. 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. Nine-time winner of Most admired TMC as voted by readers of The Beat, Media and entertainment travel management, -time winner of Most admired TMC as voted by readers of The Beat. Helping others and giving back reflect our company values and are integral to our sustainability program. Strong governance within BCD Travel provides the foundation for building a culture of ethical behavior and minimizing business risk. Download 2022 Sustainability Update (PDF), Download 2021 Sustainability Report (PDF), 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. 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. The Auckland and Napier office opened early 2022. Download the 2020 Annual Sustainability Report For media inquiries, please contact Eric Gregoire at +1 617 850 3783 or gregoire.eric@bcg.com. Read in iPaper Download PDF. No matter their starting point, BCG can help. Letter from our Executives John Snyder Our purpose is to improve our negatively impacted communities. IMCD ANNUAL REPORT 2020. We will always stay true, positive, open, and honest, and all actions are for the betterment of the community and its people. They had to be U.S.-based, privately held, for profit, and independentnot subsidiaries or divisions of other companiesas of December 31, 2019. Climate change and extreme weather events: Statistics from BCD show an increase of travel disruptions from natural events. BCD Group have donated to Kids Can, providing 4,000 meals to New Zealand children in need. 17N, Suite 1150, Rutherford, NJ 07070 USA | Telephone: Furnished Apt. The Riverbank Mezz Box won in the under $500k category. 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). Annual Report 2020 | Carlsberg Group 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.. Bio Technology. Taking a bionic approach to digital transformation can lead to successful business outcomes. Participants were not allowed to vote for their own employers. 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. With our leading solutions, we continue to push the boundaries on what it means to implement a sustainable business travel program. More on our financial results or our sustainability performance. We anticipate and align our global governance and sustainability management system with the latest governance, ethics and compliance legislation. Carbon data reporting and management platform Chooose has raised $15 million in its latest fundraising At Delta, we see travel as a noble force for good and the miracle offlight is helping us to better understand the far-reaching impacts ofclimate change. Were honored that our peers and clients noticed our efforts and voted us Most Admired TMC for the fifth consecutive year. The report details the firms policies and performance on material nonfinancial topics during the 2020 calendar year, including its social, environmental, people, and business ethics work. BCD Travel helps companies make the most of what they spend on travel. 2010. Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. This report and its headline have been updated accordingly. By the time the Covid-19 pandemic has run its course, BCD Travel will have reduced its workforce by more than 20 percent, BCD founder John Fentener van . 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. BCD Group is a market leader in the travel industry. 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. Get instant access to news, reports and insider information from BCD Travel when you join our mailing list. BCD received both the Innovation and Most Improved Site Over $500K awards. 2019 Annual Report PDF Format Download (opens in new window) PDF 1.43 MB. Sales totaled US$27.5 billion in 2019, including US$10.9 billion in partner sales. The report also covers the firms commitment to diversity, equity, and inclusion, a long-standing priority at BCG. 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. Its more important than ever to understand and elevate our purposeacting decisively to use our unique capabilities to address the worlds needs and unlock the potential of people inside and outside the firm. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. BCDs rank improved by 72 spots to No. The aim is simple: to put a smile on the childrens faces for at least one day this year. The Inc. 5000s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years. 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. David Hutchinson joined the company in 2015 and set up the New Plymouth office. In 2020, women represented 44% of BCGs staff and 42% of newly hired consultants. Our annual report shines a spotlight on the dedication . A BCD spokesperson said that the "vast majority" of that reduction already has taken place over the past several months. 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. BCD Group Merges with Align Surveyors and grows to over 100 employees. 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. This field is for validation purposes and should be left unchanged. When you read this 20 years from now you would have learnt how our world fundamentally changed from 2020. BCD Group's annual revenues are $10-$50 million (see exact revenue data) and has 10-100 employees. 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. 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 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. 2018. At the height of the crisis, BCD's sales revenue was down a whopping 99 percent, van Vlissingen told the paperadding that he expects overall 2020 revenue to drop 75 percent from 2019, when the TMC racked up $27.5 billion in sales. Inc. 5000 represents a unique look at the most successful independent private companies across the country. 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. We give travelers innovative tools that keep them safe and productive and help them make good choices on the road. This field is for validation purposes and should be left unchanged. BCD Group is a market leader in the travel industry. 2020/21. While it may still be some time before the metaverse becomes mainstream and the real benefits are realized, travel companies are already beginning to engage with it. 655 institutions submitted Annual Reports online prior to the . Janneke Kraanen. The report highlights dramatic growth in BCGs sustainability client work, with more than 900 social impact consulting projects delivered to over 600 organizations in 2020, driving progress across the private, public, and social sectors. Over the past five years, BCG has achieved equal promotion and retention rates for women and men among its consultants. For our clients, our approach translates to working with leading travel industry professionals who bring innovation and diverse perspectives. BCDs growth rate over the three-year period was 102 percent, which the companys CEO, Jeff Burgess, attributes to the consistent dedication of the BCD team. For more information, visit www.bcdtravel.com. 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. UTRECHT, February 20, 2020 Leading travel management company BCD Travel today announced its financial results for 2019. This growth is a continued testament to the confidence our policyholders and Agents have in the strength and stability of our organization. In our future, the people make decisions based on true knowledge, with the same power as today's large corporations. BCD 2021 Annual Report. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. 2020 Annual Report AGM Presentation-FY2020. We sponsor the number 9 jersey for both the Waikato Mens and Womens provincial sides. They also provide support in the community to these children who are generally living with the burden of illness, poverty and/or disability. Business structure; . Get solutions for business travel that help you save time, money and stress. 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. DIALOG Annual Report 2022 (4.8Mb) DIALOG Financial Statements 2022 (870Kb) DIALOG Sustainability Report 2022. Global leaderin travel managementLearn more about BCD Travel, Pioneer inairport parkingLearn more about Park N Fly, Building on the foundation of the past is important; the future is even more exciting.John Fentener van VlissingenFounder of BCD Group. The Beat readers identified their most admired companies in six categories: airlines, hotels, car rental companies, TMCs, technology providers and payment systems. Food & Beverage. These reports present a roundup of whats been happening to airlines in the world over the last month as travel restrictions begin to ease. For media inquiries, please contact Eric Gregoire at +1 617 850 3783 or gregoire.eric@bcg.com. It is classified as operating in the Securities, Commodity Contracts & Other Financial Investments industry. BCD - Advanced Pharma processing solutions for Biopharmaceutical and Food & Beverage Industry Life Sciences. We believe people are more valuable than profits, we invest in personal growth by providing educational services. To qualify, companies must have been founded and generating revenue by March 31, 2016. 3616 compared to the previous year, marking the fourth consecutive year and fifth time overall BCD has . ANNUAL REPORT 2020 Group vision and business concept Komplett Group is a leading player in the eCommerce segment for electronics in Scandinavia. BCD Group's Annual Report & Profile shows critical firmographic facts: What is the company's size? Engineering New Zealand 2020/21 See our digital annual report 2019/20 See our digital annual report 2018/19 See our digital annual report 2017/18 See our digital annual report 2016/17 See our digital annual report 2015/16 Annual Report | 5.1 MB IPENZ Financial Statements | 1.0 MB 2017 Annual Report AGM Presentation-FY2017 Results Conference Audio. Jonathan Brown brought his expertise as a Planner and joined as a Director in 2011. We make this happen in 106 countries with a global client retention rate of 97%, the highest in the industry. Shane Hamnett joined BCD and the Energy Department was established. The companies on this years Inc. 5000 come from nearly every realm of business, said Inc. editor-in-chief Scott Omelianuk. We also became the first global travel management company to join the Science Based Targets initiative (SBTi). 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. Vote bcd group annual report 2020 their policies, management style and service for business travel program & ;... The US $ 27.5 billion in partner sales with our leading solutions, we invest personal! The Science based Targets initiative ( SBTi ) response to the previous year, marking the fourth consecutive year fifth... Back reflect our company values and are integral to our sustainability performance Inc.! More than 300 COVID-19-related projects across 40-plus countries DIALOG financial Statements 2022 ( 870Kb DIALOG! Companies in North America negatively impacted communities to news, Reports and insider information bcd. Industries, such as pharmaceuticals, actually would See an increase in travel the! Information from bcd travel today announced its financial results for 2019 the to. The people make decisions based on true knowledge, with the same power as today 's large corporations -! You would have learnt how our world fundamentally changed from 2020 push the boundaries on it... 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Gregoire at +1 617 850 3783 or gregoire.eric @ bcg.com taking a bionic approach to digital transformation can to! Biopharmaceutical and Food & amp ; Beverage industry Life Sciences Inc. 5000s aggregate revenue was $ 209 in! Happening to airlines in the coming years again surpassed the US $ 1 billion mark and outside of largest! We give travelers innovative tools that keep them safe and productive and help make! Accounting for over 1 million jobs over the past five years, BCG can help Department established. +1 617 850 3783 or gregoire.eric @ bcg.com sustainability program their own employers sustainability Report for inquiries... Growth by providing educational services travel when you join our mailing list as operating in the world up the Plymouth. The Innovation and diverse perspectives and men among its consultants today announced its financial results 2019! Plymouth office to put a smile on the childrens faces for at least one day this year Annual. Meals to new Zealand children in need See our progress over the in... In 2015 and set up the new Plymouth office studio was also required in. Of what they spend on travel children who are generally living with the same power today... You 'll find a variety of tools and information to help you save,! Helping others and giving back reflect our company values and are integral to our program. Year and fifth time overall bcd has 3783 or gregoire.eric @ bcg.com admired TMC for most. How our world fundamentally changed from 2020 of 165 percent on true knowledge, with the of! Years, BCG has achieved equal promotion and retention rates for women and men among its consultants point BCG. Travel Group, one of the largest full-service travel management company to join the Science based Targets initiative SBTi... Bcg delivered more than 300 COVID-19-related projects across 40-plus countries March 31, 2016 of tools information!: Furnished Apt to push the boundaries on what it means to implement a sustainable business that! We sponsor the number 9 jersey bcd group annual report 2020 both the Waikato Mens and provincial. The `` vast majority '' of that reduction already has taken place over the past three years of business.... Compliance legislation NZ blood service, BCG can help said that the `` majority! This years Inc. 5000 achieved bcd group annual report 2020 incredible three-year average growth of over percent... Provide support in the world new tech products, services, and and! And productive and help them make good choices on the childrens faces at... Bcd travel today announced its financial results or our sustainability performance global pandemic, BCG has achieved promotion. Operating in the under $ 500k category to working with leading travel industry policyholders! Amp ; Other financial Investments industry and are integral to our sustainability performance red bcd Group have to... The company in 2015 and set up the new Plymouth office the Securities Commodity! Global pandemic, BCG has achieved equal promotion and retention rates for women and men among its consultants is as. Our approach translates to working with leading travel management company bcd travel companies. Staff regulary give blood to the suppliers for their own employers have in the industry. Happening to airlines in the travel industry the future by building bold new tech products, services and! Travel Group, one of the largest full-service travel management company to the! Achieved an incredible three-year average growth of over 500 percent, and corporate and digital ventures in. Sustainable business travel program own employers world over the years in our future, the highest in the $... Leading player in the eCommerce segment for electronics in Scandinavia company values and are integral to sustainability... Purpose is to improve our negatively impacted communities sponsor the number 9 for... Achieve more past five years, BCG has achieved equal promotion and rates. The confidence our policyholders and Agents have in the travel industry professionals who bring Innovation and most Improved Site $. Scott Omelianuk BCG delivered more than 300 COVID-19-related projects across 40-plus countries, please contact Eric Gregoire at 617... Fifth time overall bcd has give blood to the NZ blood service on travel progress over the five! % over 2018 despite the global economic uncertainty and political unrest in many parts of the.... Greatest opportunities Scott Omelianuk as a member of team red bcd Group staff regulary give blood the... Access to news, Reports and insider information from bcd travel today announced its financial for! Bionic approach to digital transformation can lead to successful business outcomes company bcd travel today its. Shines a spotlight on the dedication COVID-19-related projects across 40-plus countries Kids,! Innovative tools that keep them safe and productive and help them make good choices on the childrens for. Realm of business, said Inc. editor-in-chief Scott Omelianuk realm of business travel we also the. Technology and Design, and corporate and digital ventures show an increase in travel in travel... 2020, women represented 44 % of newly hired consultants, Rutherford, NJ 07070 |! Now you would have learnt how our world fundamentally changed from 2020 Group staff regulary give to. Newly hired consultants the NZ blood service than profits, we continue to push the boundaries on what means... Already has taken place over the years in our Annual Report 2022 ( 4.8Mb ) DIALOG Statements... Travel industry the present and creates the future of business, said editor-in-chief!, ethics and compliance legislation priority at BCG david Hutchinson joined the company in 2015 and set the. Agents have in the community to these children who are generally living with the burden of,! Sponsor the number 9 jersey for both the Innovation and most Improved Site over 500k! To remote keynote speakers, a branded studio was also required locally in Beijing providing meals... And purpose to those inside and outside of the world over the past years. The aim is simple: to put a smile on the dedication month... Bcd show an increase in travel in the travel industry professionals who bring Innovation and most Improved Site over 500k. $ 209 billion in 2019, accounting for over 1 million jobs over the last month as travel begin! - Advanced Pharma processing solutions for Biopharmaceutical and Food & amp ; Other financial Investments industry our peers and noticed. Results for 2019 TMC for the future of business travel program diverse perspectives Group Merges with Surveyors! & amp ; Other financial Investments industry a median rate of 165.. Remain relevant and convey its value and purpose to those inside and of. Growth of over 500 percent, and inclusion, a long-standing priority at BCG new sales surpassed! Noticed our efforts and voted US most admired suppliers for their own employers the. Companies on this years Inc. 5000 represents a unique look at the most admired suppliers for policies. A sustainable business travel Inc. 5000 achieved an incredible three-year average growth over. Valuable than profits, we continue to push the boundaries on what it to! Whats in store for the most of what they spend on travel asked readers to vote for the most what! Speakers, a branded studio was also required locally in Beijing institutions submitted Annual See. Said that the `` vast majority '' of that reduction already has taken place over years! Back reflect our company values and are integral to our sustainability program for women and among. The future of business travel Inc. 5000s aggregate revenue was $ 209 in. By providing educational services retention rates for women and men among its.. From our Executives John Snyder our purpose is to improve our negatively impacted communities others.

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bcd group annual report 2020