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HOW IT WORKS
The platform automatically analyses carbon emissions in commercial aviation, empowering users to plot a course towards the Paris Agreement and Net Zero. PACE supports analysis against carbon reduction initiatives such as the EU’s Fit for 55, providing accurate data from airline to flight to passenger, also known as “fleet to seat”. Developed and headquartered in Ireland, the PACE team is working with all stakeholders in the aviation industry to developing the platform to underpin sustainability–linked finance.
BENEFITS
Gain your unique edge in the industry
GOVERNANCE
Data and Analysis of carbon emissions for use in your ESG Reporting, including industry-wide benchmarking and identification of carbon-related financial exposure.
STRATEGY
Modelling the impact of changes such as introducing more efficient aircraft, sustainable aviation (SAF), operational performance upgrades, PACE supports your strategy to improve carbon emissions as part of your wider ESG goals.
OPPORTUNITY
The EU has categorised aviation as a “transition” industry, and PACE’s scenario modelling helps to unlock future sustainability-linked financing opportunities achieved through improved carbon emissions performance at asset and fleet levels.
CUSTOMER SUCCESS
“PACE is a key tool to help us measure and predict our scope 3 emissions and to ultimately assist us to reach our net zero targets by 2050. As new technologies come on stream and as the industry moves towards sustainable aviation fuels, PACE will test and confirm that we are on the right track and will help us to meet our responsibility to deliver an industry that is more sustainable.” Shane Matthews, Head of Strategic and Market Analysis at SMBC Aviation Capital.
FEATURES
ESG Analysis Made Easy
Performance Prediction
PACE incorporates a powerful forecasting engine which uses machine learning and Artificial Intelligence to predict future utilization and performance, or future financial exposures, to ensure that CO2 performance aligns with international, regional, and national reduction targets.
Accurate Insights
PACE enables carbon emissions to be analysed by:
- Portfolio (e.g. lessor, bank, export credit agency)
- Airline Operator
- Aircraft Type
- Region
Real-Time Alerts
- Airport
- Route City Pair and ETS Scheme
- Airline Operator
- Manufacturer
PACE also provides real-time alerts around user-configured exception events, such as Aircraft On Ground alerts or sanctioned territory breaches, providing the portfolio manager with accurate insights into leading indicators of potential risk issues.
Performance
Prediction
Accurate
Insights
Real-Time
Alerts
CONTACT US FOR A DEMO TODAY
Our specialists are ready to assist with your ESG requirements
Alternatively email directly on [email protected]
LATEST NEWS & INSIGHTS
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Dublin Conferences – PACE’s Key Take Aways
Environmental and sustainability issues remained close to the top of the agenda at the Airline...
The Aircraft Leasing Community and the Carbon Markets
With sustainability at the centre of discourse within the aviation community in recent years and...
ABOUT US
PACE is a joint venture between Fexco and Avocet Risk Management, leveraging four decades of innovation experience and aviation finance and risk acumen, to support the industry in managing its biggest ever challenge.
A world leader in innovative fintech, payments and business solutions, with operations in 29 countries worldwide.
Since inception in 1981, Fexco has invested in technology to develop and deliver the best solutions to meet customer needs. Fexco enables customers, companies and economies to unlock their potential in financial transaction services and business solutions and is pursuing an ambitious domestic and international growth strategy. Fexco serves some of the world’s biggest brands across multiple industries through a wide range of innovative products and services, including Dynamic Currency Conversion, Bank to Bank Transfers, Retail FX, Managed Business Solutions and Tax Free Retail Services, processing more than US$10 billion in transactions annually.
Avocet has significant experience in aviation risk management and provides consultancy services to many of the largest entities in the sector today.
The company provides a suite of qualified ESG services that fulfil the needs of aircraft financiers, owners and investors in what has become a rapidly evolving reporting and compliance landscape. Avocet’s team includes aircraft finance, aviation risk management and qualified emissions verification specialists, all of whom have an in-depth knowledge of climate related financial and ESG risks.