BizAway: Innovating Sustainable Corporate Travel

“I believe sustainability should be important to everyone. We are at a point in our lives where we must take responsibility for our actions—not only from an environmental perspective but also in terms of our impact on communities, employees, and society as a whole.”- Luca Carlucci Co-Founder and CEO of BizAway.

Watch the full interview with Luca Carlucci Bizaway’s Co- Founder and CEO here.

BizAway: Innovating Sustainable Corporate Travel

In a world where corporate travel contributes significantly to carbon emissions, addressing sustainability in business travel is essential. According to Global Business Travel Association (GBTA), 92% of business travel professionals report that sustainability is a priority for their organisations (GBTA, 2022). BizAway, founded by Luca Carlucci and Flavio Del Bianco, is redefining what it means to travel responsibly for business. At Mundi Ventures, we are proud to back a company that's not only expanding globally but is also deeply committed to mitigating its environmental impact.

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The Sustainability Challenge of Corporate Travel

Corporate travel poses a major climate challenge. Business flights alone add up to massive emissions, particularly when traveling first class, where emissions can be up to four times those of economy seats (World Economic Forum, 2021). Air travel emissions are predicted to rise 70% faster than anticipated, with studies suggesting that by 2050, air travel could contribute up to 27% of global emissions (World Resource Institute, 2021).

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Enter BizAway: Your Sustainable Travel Partner

BizAway has embraced this challenge by providing companies with a seamless, sustainable travel management solution. Through its proprietary platform and 24/7 multilingual customer service team, BizAway streamlines travel planning across flights, hotels, trains, and car rentals, serving clients throughout Europe and beyond. Since its founding in 2015, BizAway has grown from a small team to over 300 employees and eight offices worldwide, including Italy, Spain, Albania, and the UAE. With over 1,750 clients and strong revenue growth, BizAway recently secured a €35 million investment from Mayfair Equity Partners to fuel its continued expansion (BizAway, 2024).

Sustainability at the Core

Luca Carlucci, BizAway’s CEO, believes that sustainability is fundamental—not only environmentally but also in the broader sense of social responsibility. In 2020, BizAway became a B Corp, meeting high standards of social and environmental performance (B-lab, 2024). As Luca explains, “We wanted to ensure our growth aligned with the level of sustainability we aspired to achieve and continually improve.”

BizAway’s sustainability initiatives are multifaceted:

·?????? Carbon Footprint Tracking: Clients can monitor CO2 emissions from their travels and offset them through carbon credits.

·?????? Sustainable Partnerships: BizAway collaborates with deforestation projects and carbon reduction initiatives to actively support environmental impact.

·?????? Employee Engagement: Sustainability isn’t just a policy; it’s ingrained in BizAway’s culture, with employees encouraged to contribute to eco-conscious practices. BizAway also has a guidance on protecting LGBTQIA+ community during business travels (BizAway, 2021).

BizAway demonstrates how tech startups can integrate ESG considerations into their competitive strategy, proving that sustainability isn’t just for impact-focused businesses—it’s essential for all startups aiming for long-term success.

Mundi Ventures has been a longstanding partner in Luca's entrepreneurial journey. “I’ve worked with Mundi Ventures in my previous company and I can say they truly walk the talk when it comes to support. Javier, Moises and the entire team have been there to provide critical advice, commercial insights and a network that’s been instrumental to our growth,” Luca shares.