This report highlights the success of a global agricultural and commodities firm in reducing travel costs and improving employee productivity through virtual collaboration. The company redirected over 15,000 hours of employee travel time, avoided over 900 internal trips, and reduced carbon emissions equivalent to the annual energy use of 112 U.S. homes. The strategy won executive buy-in and led to a reduction in travel costs of US$5.5 million in just five months. The company's travel team built a business case and strategy for taking virtual collaboration to the next level, addressing the challenge of reducing travel costs without curbing revenue-generating trips. The additional benefits of virtual collaboration include improved employee work-life balance and savings.
