Our Commitment / Strategy

Despegar, one of the largest online travel agencies in Latin America, recognizes the importance of addressing environmental, social, and governance (ESG) issues in its operations. To ensure that it operates in a sustainable and responsible manner, Despegar has established a comprehensive ESG strategy that covers a wide range of areas, including environmental sustainability, social responsibility, corporate governance, and ethics. This strategy reflects Despegar's commitment to sustainable development and its recognition of the importance of ESG issues for long-term value creation. By implementing this strategy, Despegar aims to mitigate risks, enhance its reputation, attract and retain talent, and contribute to broader societal and environmental goals. As a leading player in the travel industry, Despegar has a unique opportunity to set an example for others and drive positive change in the sector.

Environmental Commitment

As a travel industry leader, Despegar is aware of the impact that travel and tourism have on the environment. Accordingly, Despegar is taking action to manage its impact. During 2021, we implemented several initiatives, such as eliminating single use plastics, implementing waste management practices, and off-setting our carbon emissions.

In 2021 we offset our carbon footprint in Argentina in partnership with Plantarse, an NGO focused on climate change mitigation. We estimated the emissions generated from Despegar offices and from each of our employees working from home in Argentina. Using these emissions, we planted 620 trees in the Province of Córdoba, Argentina that we call "Despegar Forest".

Governance Commitment

Despegar, the Board of Directors and its management are committed to the highest standards in connection with corporate governance. Sound governance policies and procedures provide an important framework for fulfilling our responsibility.

Despegar is committed to acting with integrity and honesty, and in accordance with the law. To fulfill its duty, the Board of Directors follows the procedures and standards that are set forth in the Code of Ethics.

The SEC and NYSE require that corporations with shares listed on the exchange comply with certain corporate governance standards. As a foreign private issuer, we are required to comply with certain SEC and NYSE rules relating to audit committees, certain SEC disclosure requirements and periodic certifications to the NYSE.

ESG Reports