WEBJET LIMITED 2022
Sustainability Report.
www.webjetlimited.com
Webjet Limited Sustainability Report 2022
The information presented in this report reflects Webjet Limited's (Webjet or Company) management and performance on key environmental, social and governance (ESG) topics identified as material to the business and our stakeholders. The aim of this report is to communicate our understanding of the impacts associated with our operations, how we are working to manage and mitigate those impacts and to articulate the value we create for the communities that we serve.
This report covers the FY22 reporting period (commencing 1 April 2021 to 31 March 2022). For a more complete understanding of the business context, we recommend this report be read in tandem with the Webjet Limited Annual Report, Corporate Governance Statement, Modern Slavery Statement and the various Board Charters and corporate policies all of which are available on our investor website (www.webjetlimited.com).
This is Webjet's second Sustainability Report and the information reflects the operations over which Webjet Limited has control and the processes we use to run our business.
This Report has been prepared in accordance with the Global Reporting Initiative (GRI) reporting Standards (Core option) and
the Sustainability Accounting Standards Board (SASB). All disclosures in this Report have been reviewed and approved by the Senior Leadership Team and the Board as appropriate. For further information or feedback on any aspect of this report, please contact Carolyn Mole, Investor Relations.
Webjet Limited
Level 2, 509 St Kilda Road Melbourne VIC 3004 Australia investor@webjetlimited.com
Webjet Limited | Sustainability Report 2022 | 2 |
Message from our Managing Director
Welcome to Webjet Limited's
FY22 Sustainability Report
Our business is committed to creating sustainable earnings and capital growth for our Shareholders, and to support all our stakeholders, including employees, suppliers, customers, and the communities that we serve.
By formalising a meaningful sustainability framework and communicating our goals to the market, we aim to embed sustainability across our whole business. This report identifies the topics that are most material to our business and summarises the initiatives Webjet is currently undertaking at a strategic
and operational level to make better choices for our business, our communities, and the environment. We've done this because we want to focus on the issues that matter most to our stakeholders and the communities that we serve.
We are still in the early stages of our sustainability journey and look forward to advancing this over the coming years.
Regards
John Guscic
Managing Director
Webjet Limited
Webjet Limited | Sustainability Report 2022 | 3 |
About Webjet Limited
Our digital travel businesses, spanning both wholesale and retail markets, sell travel all over the world.
The 2nd largest B2B travel wholesaler in the world.(1)
WebBeds is a global digital travel wholesaler specialising in hotel room distribution. WebBeds connects travel sellers to hotels, and their room inventory, through innovative market leading technology.
Visit: www.webbeds.com
The #1 online travel agent (OTA) in Australia and New Zealand.(2)
Webjet OTA leads the way in delivering innovative retail travel solutions allowing customers to compare, combine and book the best domestic and international travel flight deals, hotel accommodation, packages, travel insurance and car hire worldwide.
Visit: www.webjet.com.au
A leading online global motorhome and car rental site in New Zealand and Australia.
GoSee is an online travel retailer specialising in global bookings of rental cars and campers, providing choice and expertise that makes it easier for travellers to compare and save on one easy-to-use website.
Visit: www.goseetravel.com
Supported by smart technology that differentiates our offerings and makes booking and transacting travel better.
Trip Ninja technology automates the highly manual process of selling complex multi-stoptravel itineraries. Trip Ninja was acquired in FY22 to enhance the Webjet OTA offering by allowing us to offer unique, highly competitive content to our customers
Visit: www.tripninja.io
Rezchain is the hotel distribution industry's first blockchain- based booking verification solution allowing companies to share booking data to address mismatched information. Rezchain is implemented across the WebBeds businesses and has played a key role in reducing operating costs.
Visit: www.rezchain.com
Investments
Investments to help build out our core businesses:
LockTrip.com is a blockchain based B2C travel marketplace. Locktrip is helping expand Webjet's blockchain knowledge and being integrated into the Webjet OTA for its B2C hotel offering. Webjet holds a 25% share, with an option to increase to 51%.
ROOMDEX automates the process for hotels to provide upsell offers on room upgrades, stay extensions and guest services. Webjet plans to offer the ROOMDEX product through the WebBeds business to further differentiate its offering and provide added value to its hotel partners. Webjet holds a 49% share, with an option to acquire the remaining 51%.
Webjet is a public company listed on the Australian Stock Exchange, headquartered in Melbourne, Australia.
It is a member of IATA (International Air Transport Association) and AFTA (Australian Federation of Travel Agents). For further information about the Company, please see Webjet's FY22 Annual Report.
- Based on TTV
- Based on percentage share of OTA flights market.
Webjet Limited | Sustainability Report 2022 | 4 |
About Webjet Limited
Our Values
In 1998, Webjet began as a small start-up seeking to disrupt traditional norms in the highly competitive travel industry.
Our focus on offering customers the greatest convenience and choice in online travel has enabled Webjet Online Travel Agency (OTA) to be the #1 OTA in the Australian and New Zealand market since 2010, driven by a culture based on agility, innovation and creativity. This spirit has continued into WebBeds. Beginning as a small start-up in 2013, a willingness to challenge and disrupt industry norms enabled WebBeds to become the #2 global Business to Business (B2B) player in just over six years. We have done this through a culture underpinned by key values:
Respect
Our people are our greatest asset. They bring passion, commitment, dedication, and pride in what they do. We respect each other, we value collaboration, we are prepared to have robust debate and we have fun in what we do.
Agility
Unafraid to disrupt traditional norms, we constantly challenge ourselves to look for new ways to win and deliver value. Our people are agile and nimble and we empower them to effect change.
Integrity | Delivering value | Hunger to win |
We are focused on | We are focused on | As we grow, we |
delivering superior | delivering high quality | remember our humble |
outcomes. We always | products, excellence | roots and always |
seek to do the right | in customer service, | strive to retain the |
thing and value | maintaining strong | spirit that comes with |
integrity, accountability | relationships with | being the challenger |
and delivering quality | our supply partners, | brand. We constantly |
in everything we do. | providing an engaging | seek to challenge |
and supportive work | ourselves to find new | |
environment for | growth opportunities, | |
our employees, and | innovations and | |
delivering value for our | creative ways to deliver | |
shareholders and the | value across all aspects | |
broader community. | of our business. We | |
value curiosity, being | ||
brave and having | ||
confidence to try | ||
new things. |
Webjet Limited | Sustainability Report 2022 | 5 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Webjet Limited published this content on 19 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 June 2022 16:01:05 UTC.
