Description of Services

Choose Your Subscription Level

Please click on the link below to navigate directly to what is included in your choice of level.

 
 
 
 
 

Subscription Level – Enterprise

Enterprise is the ultimate subscription level to PACE, available to corporate customers who wish to utilise PACE’s data services in parallel with the full range of support services provided through the PACE Customer Success team. Enterprise includes system access through the PACE API ensuring continual incorporation of data driven insights into your in-house systems for further processing and analysis.

Enterprise is designed to offer a broad and in-depth perspective on Aviation and delivering critical insights that keep your operations at the cutting edge of industry movements and trends. A combination of business hours service level agreement and structured monthly and quarterly business reviews, Enterprise allows you to build a strategic relationship with your own dedicated Customer Success Manager (CSM) who will quickly and instinctively understand both your current carbon emissions reporting and future carbon reduction planning requirements. Enterprise includes sophisticated training modules designed to familiarise your team with the platform’s extensive capabilities and streamline the reporting process to require minimal effort. PACE users can oversee up to 100 portfolios, enabling carbon analysis of sub-groups of assets such as investment funds, ABS transactions, secured and / or unsecured loan books.

In Enterprise your dedicated CSM works directly with your users to use PACE’s integrated dashboards and page views, helping to build a strategic view of Airline Groups and to model scenarios for comprehensive future emissions roadmaps. Customer Success is delivered through an engagement model comprising ongoing support, MBRs (Monthly Business Reviews) and QBRs (Quarterly Business reviews) that offer you expert assistance and a forum for PACE to stay connected with your evolving carbon strategy. Enterprise includes 12 dedicated support days to assist you with Data Driven Portfolio Insights and Reporting Support.

In Enterprise the PACE team will ensure that you are fully prepared for the future, and the PACE Customer Success team will train your users on tools to predict and plan for fleet changes, assess new technologies and model different grades of SAF (Sustainable Aviation Fuel) to see the impact on your future emissions. This subscription level includes dedicated pages for representative groups such as Impact and CAF (Climate Aligned Finance) and the respective methodologies that they advocate.

Summary of Contents in this Subscription Level – Enterprise

  1. System Access
    • User Access via web browser
    • API access
  2. Assuring Governance
    • Portfolio View – number of portfolios
    • My Portfolio – input and management
    • Aircraft View – aircraft by MSN
    • Operator View – by AOC
    • Airline Group View
    • Aircraft Modelling – Type and Variant
    • ETS and CORSIA – Cost of Compliance
    • My Alerts – “Notify me if” scenarios
  3. Unlocking Opportunity
    • Intensity Analysis – Full Suite of Carbon Metrics
    • Refleet – Model impact of Fleet Churn and Evolution
    • Emissions Roadmap – Model strategies for Carbon Reduction
    • CAF Methodology Page (Climate Aligned Finance)
    • IMPACT Methodology Page
  4. Customer Success
    • User Onboarding – PACE Training Team
    • Dedicated Customer Success Manager
    • Ongoing User Support & Training
    • Data Driven Portfolio Insight and Reporting Support

 

1. System Access

  • User access
    Users can access PACE as an individual user, a user in a single company entity, or a user within a company’s agreed affiliates.
  • API access
    PACE data is available by API access for organisations to self-serve data into their own IT system. Requirements for the PACE API key are defined during the Evaluation stage, and any specific parameters are defined in your contract terms.

2. Assuring Governance

  • Universe View – all commercial flight activity
    This common view in PACE shows the quantity of Active Aircraft and Airlines (by AOC – Air Operator Certificate) and the total Carbon Emissions measured in CO2 tonnes for the date range selected by the user. The CO2 total is also translated into Well to Wake (WtW), and the evolution of current generation to new generation aircraft is charted over time.
  • Portfolio View – number of portfolios
    PACE users can analyse a selection of aircraft by creating a portfolio in the My Portfolio input page and analysing it in Portfolio View.A primary deliverable is the carbon emissions data for the aircraft included over the date range selected, denoted by the ‘from’ and ‘to’ dates in the inputs. These dates are very specific, allowing partial allocation of carbon emissions to aircraft where they have not been in the portfolio for the full date range selected for the reporting.Users can configure a participation % against each aircraft, allowing them to model the carbon emissions on a pro-rata basis between total and participation level per aircraft. For example, a bank may add the loan participation % to calculate its Scope 3 emissions based on its loan participation, where an asset manager may build a portfolio with participation % reflecting the investment funding of each asset.
  • My Portfolio View – input and management
    This is the input page where PACE users can upload details that identify specific aircraft in grouped views (“portfolios”), ranging from the entire fleet of aircraft that the customer is involved with to smaller sub-views, potentially based on individual deals under review.
    The PACE Customer Success team supports the upload process, particularly during the implementation stage when large numbers of aircraft can be uploaded through digital transfer.
    Key identifiers required to accurately identify the aircraft include MSN (Manufacturer Serial Number), Aircraft Variant and Aircraft Type. To accurately attribute carbon emissions at the MSN level, PACE users also input ‘From’ and ‘To’ dates, representing the period of time the aircraft has been in the portfolio.
    Users can also configure a ‘participation %’ for each MSN, which can be used to assign emissions on a pro-rata basis dependent on for example loan participation or investment fund. One further optional input is ‘Client Reference’ which is a free text field in which PACE users can include information that can facilitate further processing across other IT systems in their organisation.
  • Aircraft View – aircraft by MSN
    PACE users can drill down and analyse the full suite of carbon emissions metrics of a specific aircraft, identifying it by its MSN (Manufacturer Serial Number) and Aircraft Type and Variant.
  • Operator View – by AOC
    PACE users can analyse carbon emissions performance by Operator, across its fleet of multiple aircraft types and variants. Users can choose between all aircraft in the Operator’s fleet or just those in a portfolio defined by the user in the My Portfolio page. PACE summarises emissions by aircraft type within the operator fleet, a split between domestic and non-domestic activity and a detailed summary by MSN (Manufacturer Serial Number).
  • Airline Group View
    PACE users can conduct analysis in the Airline Group dashboard at the overarching ‘parent’ group level, where each respective airline AOC that is wholly or partly owned by a group is assembled into a collective view. This collective view is curated by PACE based on % ownership. Financiers in aviation often complete analysis at Airline Group level and this page is designed to support them in this activity.
  • Aircraft Modelling – Type and Variant
    Users seeking comparison between different aircraft types and variants can model the carbon emissions performance over differing flight cycles, load factors, distances and SAF usage – with the Aircraft Modelling page producing comparison data in intensity metrics (such as CO2 per ASK) and overall carbon tonnes (Total CO2t).
  • ETS and CORSIA – Cost of Compliance
    Emissions Trading Schemes such as EU-ETS and CORSIA were introduced to combat climate change by placing a limit or allowance on the amount of carbon emissions an operator can produce, and a cost of purchasing further allowances.
    Often tradeable, these allowances affect both the operating costs of an airline and the corresponding risk to the financier, so in this page in PACE users can quantify both of these financial metrics and model the impact of future variances in value.
  • My Alerts – “Notify me if” scenarios
    PACE continually analyses data and can generate alerts based on user request. Referred to as “Notify me if”, the user can instruct PACE to send a notification if the event is triggered, such as an aircraft movement where a current AOG (aircraft on ground) takes off, or a risk factor such as a ETS compliance exposure threshold is breached. The PACE Customer Success team works directly to help the users in the initial configuration of the required alerts.

3. Unlocking Opportunity

  • Intensity Analysis – Full Suite of Carbon Metrics
    PACE users can compare and benchmark an individual portfolio, an operator, an aircraft type or a specific MSN against “the market”, being the industry average performance of the equivalent category over the selected date range.
  • Refleet – Model impact for Fleet Churn and Evolution
    PACE users can predict the impact on carbon emissions of switching from the current aircraft in a portfolio (for example an Airbus A320) to another aircraft type and variant (for example to an Airbus A320 Neo). Users can model future fleet additions or modifications per aircraft type, applying operator average utilisation to the new fleet to assess overall impact.
  • Emissions Roadmap – Model strategies for Carbon Reduction
    PACE users can work with the Emissions Roadmap to build different scenarios of future carbon emissions at portfolio, operator, aircraft type or MSN level.
    Users can input the desired carbon reduction trajectory – for example the EU’s Fit for 55 programme which targets a 55% reduction against the 2019 baseline year by 2030 – and then adjust levers available such as activity variance (+ or -), refleet (changing aircraft type), SAF (including different reduction performance levels) and other carbon capture activities.
    PACE users can identify gaps between the desired reduction pathway and the predicted result based on the scenario modelled, and these can be saved for later working.
  • CAF Methodology Page (Climate Aligned Finance)
    Climate Aligned Finance (CAF) is a representative group of financiers that has defined a methodology for calculating emissions based on CO2e WTW – Carbon Dioxide equivalent from Well to Wake. This calculation includes CO2 and GHGs (greenhouse gases) from the mining of the fuel (Well) to the emissions from the tailpipe of the aircraft (Wake).
    CAF has developed this standard is to allow financiers and operators agree on a common calculation for carbon performance that can facilitate financial transactions where improved efficiency in operations is rewarded.
    PACE users can analyse emissions and traffic data at Operator, Owner (including Lessor) and Aircraft Model Average. The Intensity Analysis is presented as RTK (Revenue Tonne Kilometer) at RTK Total, RTK Passenger, RTK Belly and Dedicated Cargo levels.
  • IMPACT Methodology Page
    Impact is a representative group of financiers and aviation stakeholders working towards a common purpose in carbon reduction. It has defined a methodology for scoring performance at airline level, based on the decoupling of CO2 emissions from RPK (Revenue Passenger Kilometers), measured against a baseline year of 2019. In the IMPACT page users can analyse each airline and determine its Sustainability Milestone Score.

4. Customer Success

  • User Onboarding – PACE Training Team
    New users are onboarded to PACE through a series of three training modules, beginning with Orientation, followed by Technical Review and concluding with the Feedback session. Taking place over the course of the first month of the new subscription, each session comprises 30 minutes and is conducted by video call.
  • Dedicated Customer Success Manager
    PACE customers are assigned a dedicated CSM (Customer Success Manager) to play a pivotal role in understanding your specific needs, dealing with administration matters, including you as part of a wider informal community of practice and providing guidance on achieving your specific goals.
  • Ongoing User Support & Training
    The PACE Customer Success Team supports users through ongoing in-life support and training. This includes onboarding new users within the company or group entity, refresher training, invitations to workshops or tutorials on new product enhancements, and feedback from industry events through the forum of a periodic newsletter.
  • Data Driven Portfolio Insight and Reporting Support
    The PACE Customer Success team will get to know your requirements through the regular monthly meetings, made up of MBRs (Monthly Business Reviews) and QBRs (Quarterly Business Reviews). In alignment with your reporting cycle, the team at PACE will help you to develop data driven insights about your portfolios, and specifically help you to download data from the system to include in your reports.

 
 
 
 
 

Subscription Level – Managed

Managed is available to corporate customers who wish to utilise PACE’s data services in parallel with the full range of support services provided through the PACE Customer Success team. A combination of business hours service level agreement and structured monthly and quarterly business reviews, Managed allows you to build a strategic relationship with your own dedicated Customer Success Manager (CSM) who will quickly and instinctively understand both your current carbon emissions reporting and future carbon reduction planning requirements.

PACE users in Managed can oversee up to 50 portfolios and begin their journey with user onboarding training to help assemble the data points required, and instructions on how to maintain these portfolios in life. The dedicated CSM becomes a virtual member of your aviation team, and through the combination of regular contact, MBRs (Monthly Business Reviews) and QBRs (Quarterly Business Reviews) helps to keep you abreast of developments elsewhere in aviation’s community of practice.

In Managed you receive ongoing expert assistance in portfolio preparation and reporting, ensuring a seamless and productive user experience. This allows users to meet and exceed Scope 3 carbon emissions reporting requirements, compare performance across the range of portfolios against industry averages and best practices, and receive valuable insights that keep you at the forefront of market trends. Managed includes 4 dedicated support days to assist you with Data Driven Portfolio Insights and Reporting Support.

In Managed the PACE team will ensure that you are fully prepared for the future, and the PACE Customer Success team will train your users on tools to predict and plan for fleet changes, assess new technologies and model different grades of SAF (Sustainable Aviation Fuel) to see the impact on your future emissions. Managed includes dedicated pages for representative groups such as Impact and CAF (Climate Aligned Finance) and the respective methodologies that they advocate. Users will work with integrated dashboards and page views that include a strategic view of Airline Groups and comprehensive future Emissions Roadmaps across comparative carbon dashboards.

Summary of Contents in this Subscription Level – Managed

  1. System Access
    • User Access via web browser
  2. Assuring Governance
    •  Portfolio View – number of portfolios
    • My Portfolio – input and management
    • Aircraft View – aircraft by MSN
    • Operator View – by AOC
    • Airline Group View
    • Aircraft Modelling – Type and Variant
    • ETS and CORSIA – Cost of Compliance
    • My Alerts – “Notify me if” scenarios
  3. Unlocking Opportunity
    • Intensity Analysis – Full Suite of Carbon Metrics
    • Refleet – Model impact of Fleet Churn and Evolution
    • Emissions Roadmap – Model strategies for Carbon Reduction
    • CAF Methodology Page (Climate Aligned Finance)
    • IMPACT Methodology Page
  4. Customer Success
    • User Onboarding – PACE Training Team
    • Dedicated Customer Success Manager
    • Ongoing User Support & Training
    • Data Driven Portfolio Insight and Reporting Support

1. System Access

  • User access
    Users can access PACE as an individual user, a user in a single company entity, or a user within a company’s agreed affiliates.

2. Assuring Governance

  • Portfolio View – number of portfolios
    PACE users can analyse a selection of aircraft by creating a portfolio in the My Portfolio input page and analysing it in Portfolio View.
    A primary deliverable is the carbon emissions data for the aircraft included over the date range selected, denoted by the ‘from’ and ‘to’ dates in the inputs. These dates are very specific, allowing partial allocation of carbon emissions to aircraft where they have not been in the portfolio for the full date range selected for the reporting.
    Users can configure a participation % against each aircraft, allowing them to model the carbon emissions on a pro-rata basis between total and participation level per aircraft. For example, a bank may add the loan participation % to calculate its Scope 3 emissions based on its loan participation, where an asset manager may build a portfolio with participation % reflecting the investment funding of each asset.
  • My Portfolio View – input and management
    This is the input page where PACE users can upload details that identify specific aircraft in grouped views (“portfolios”), ranging from the entire fleet of aircraft that the customer is involved with to smaller sub-views, potentially based on individual deals under review.
    The PACE Customer Success team supports the upload process, particularly during the implementation stage when large numbers of aircraft can be uploaded through digital transfer.
    Key identifiers required to accurately identify the aircraft include MSN (Manufacturer Serial Number), Aircraft Variant and Aircraft Type. To accurately attribute carbon emissions at the MSN level, PACE users also input ‘From’ and ‘To’ dates, representing the period of time the aircraft has been in the portfolio.
    Users can also configure a ‘participation %’ for each MSN, which can be used to assign emissions on a pro-rata basis dependent on for example loan participation or investment fund. One further optional input is ‘Client Reference’ which is a free text field in which PACE users can include information that can facilitate further processing across other IT systems in their organisation.
  • Aircraft View – aircraft by MSN
    PACE users can drill down and analyse the full suite of carbon emissions metrics of a specific aircraft, identifying it by its MSN (Manufacturer Serial Number) and Aircraft Type and Variant.
  • Operator View – by AOC
    PACE users can analyse carbon emissions performance by Operator, across its fleet of multiple aircraft types and variants. Users can choose between all aircraft in the Operator’s fleet or just those in a portfolio defined by the user in the My Portfolio page. PACE summarises emissions by aircraft type within the operator fleet, a split between domestic and non-domestic activity and a detailed summary by MSN (Manufacturer Serial Number).
  • Airline Group View
    PACE users can conduct analysis in the Airline Group dashboard at the overarching ‘parent’ group level, where each respective airline AOC that is wholly or partly owned by a group is assembled into a collective view. This collective view is curated by PACE based on % ownership. Financiers in aviation often complete analysis at Airline Group level and this page is designed to support them in this activity.
  • Aircraft Modelling – Type and Variant
    Users seeking comparison between different aircraft types and variants can model the carbon emissions performance over differing flight cycles, load factors, distances and SAF usage – with the Aircraft Modelling page producing comparison data in intensity metrics (such as CO2 per ASK) and overall carbon tonnes (Total CO2t).
  • ETS and CORSIA – Cost of Compliance
    Emissions Trading Schemes such as EU-ETS and CORSIA were introduced to combat climate change by placing a limit or allowance on the amount of carbon emissions an operator can produce, and a cost of purchasing further allowances.
    Often tradeable, these allowances affect both the operating costs of an airline and the corresponding risk to the financier, so in this page in PACE users can quantify both of these financial metrics and model the impact of future variances in value.
  • My Alerts – “Notify me if” scenarios
    PACE continually analyses data and can generate alerts based on user request. Referred to as “Notify me if”, the user can instruct PACE to send a notification if the event is triggered, such as an aircraft movement where a current AOG (aircraft on ground) takes off, or a risk factor such as a ETS compliance exposure threshold is breached. The PACE Customer Success team works directly to help the users in the initial configuration of the required alerts.

3. Unlocking Opportunity

  • Intensity Analysis – Full Suite of Carbon Metrics
    PACE users can compare and benchmark an individual portfolio, an operator, an aircraft type or a specific MSN against “the market”, being the industry average performance of the equivalent category over the selected date range.
  • Refleet – Model impact for Fleet Churn and Evolution
    PACE users can predict the impact on carbon emissions of switching from the current aircraft in a portfolio (for example an Airbus A320) to another aircraft type and variant (for example to an Airbus A320 Neo). Users can model future fleet additions or modifications per aircraft type, applying operator average utilisation to the new fleet to assess overall impact.
  • Emissions Roadmap – Model strategies for Carbon Reduction
    PACE users can work with the Emissions Roadmap to build different scenarios of future carbon emissions at portfolio, operator, aircraft type or MSN level.
    Users can input the desired carbon reduction trajectory – for example the EU’s Fit for 55 programme which targets a 55% reduction against the 2019 baseline year by 2030 – and then adjust levers available such as activity variance (+ or -), refleet (changing aircraft type), SAF (including different reduction performance levels) and other carbon capture activities.
    PACE users can identify gaps between the desired reduction pathway and the predicted result based on the scenario modelled, and these can be saved for later working.
  • CAF Methodology Page (Climate Aligned Finance)
    Climate Aligned Finance (CAF) is a representative group of financiers that has defined a methodology for calculating emissions based on CO2e WTW – Carbon Dioxide equivalent from Well to Wake. This calculation includes CO2 and GHGs (greenhouse gases) from the mining of the fuel (Well) to the emissions from the tailpipe of the aircraft (Wake).
    CAF has developed this standard is to allow financiers and operators agree on a common calculation for carbon performance that can facilitate financial transactions where improved efficiency in operations is rewarded.
    PACE users can analyse emissions and traffic data at Operator, Owner (including Lessor) and Aircraft Model Average. The Intensity Analysis is presented as RTK (Revenue Tonne Kilometer) at RTK Total, RTK Passenger, RTK Belly and Dedicated Cargo levels.
  • IMPACT Methodology Page
    Impact is a representative group of financiers and aviation stakeholders working towards a common purpose in carbon reduction. It has defined a methodology for scoring performance at airline level, based on the decoupling of CO2 emissions from RPK (Revenue Passenger Kilometers), measured against a baseline year of 2019. In the IMPACT page users can analyse each airline and determine its Sustainability Milestone Score.

4. Customer Success

  • User Onboarding – PACE Training Team
    New users are onboarded to PACE through a series of three training modules, beginning with Orientation, followed by Technical Review and concluding with the Feedback session. Taking place over the course of the first month of the new subscription, each session comprises 30 minutes and is conducted by video call.
  • Dedicated Customer Success Manager
    PACE customers are assigned a dedicated CSM (Customer Success Manager) to play a pivotal role in understanding your specific needs, dealing with administration matters, including you as part of a wider informal community of practice and providing guidance on achieving your specific goals.
  • Ongoing User Support & Training
    The PACE Customer Success Team supports users through ongoing in-life support and training. This includes onboarding new users within the company or group entity, refresher training, invitations to workshops or tutorials on new product enhancements, and feedback from industry events through the forum of a periodic newsletter.
  • Data Driven Portfolio Insight and Reporting Support
    The PACE Customer Success team will get to know your requirements through the regular monthly meetings, made up of MBRs (Monthly Business Reviews) and QBRs (Quarterly Business Reviews). In alignment with your reporting cycle, the team at PACE will help you to develop data driven insights about your portfolios, and specifically help you to download data from the system to include in your reports.

 
 
 
 
 

Subscription Level – Professional

Professional includes comprehensive access to the suite of services included in PACE and is designed for professional users in a primarily self-service environment. It includes user onboarding training to help assemble the data points required for uploading up to 20 portfolios, and instructions on how to maintain these portfolios in life. Your team will get to know key members of the PACE Customer Success Team, which can provide any additional support required through our day rate services.

Professional users can meet and exceed Scope 3 carbon emissions reporting requirements, compare performance across the range of portfolios against industry averages and best practices, and receive valuable insights that keep you at the forefront of market trends. PACE delivers one streamlined data report which can be incorporated into annual ESG reporting processes. Professional includes dedicated pages for representative groups such as Impact and CAF (Climate Aligned Finance) and the respective methodologies that they advocate.

Professional empowers your team with predictive tools such as ‘Refleet’ and ‘Emissions Roadmap’, allowing the modelling of scenarios including changing the aircraft technology and assessing the usage of different categories of SAF (Sustainable Aviation Fuel) over timeframes that your team can input. This helps ensure that your strategic decisions are aligned with evolving industry standards and sustainability objectives. Professional helps members of your Risk team to look at exposures to different stakeholders, from Airline Groups to individual Operators, tracking exposure to fluctuations in carbon allowance pricing of Emissions Trading Systems such as CORSIA and EU-ETS, from overall business exposure down to the impact on cost per seat as free allowances are removed and market prices change.

Summary of Contents in this Subscription Level – Professional

  1. System Access
    • User Access via web browser
  2. Assuring Governance
    • Portfolio View – number of portfolios
    • My Portfolio – input and management
    • Aircraft View – aircraft by MSN
    • Operator View – by AOC
    • Airline Group View
    • Aircraft Modelling – Type and Variant
    • ETS and CORSIA – Cost of Compliance
    • My Alerts – “Notify me if” scenarios
  3. Unlocking Opportunity
    • Intensity Analysis – Full Suite of Carbon Metrics
    • Refleet – Model impact of Fleet Churn and Evolution
    • Emissions Roadmap – Model strategies for Carbon Reduction
    • CAF Methodology Page (Climate Aligned Finance)
    • IMPACT Methodology Page
  4. Customer Success
    • User Onboarding – PACE Training Team

1. System Access

  • User access
    Users can access PACE as an individual user, a user in a single company entity, or a user within a company’s agreed affiliates.

2. Assuring Governance

  • Portfolio View – number of portfolios
    PACE users can analyse a selection of aircraft by creating a portfolio in the My Portfolio input page and analysing it in Portfolio View.
    A primary deliverable is the carbon emissions data for the aircraft included over the date range selected, denoted by the ‘from’ and ‘to’ dates in the inputs. These dates are very specific, allowing partial allocation of carbon emissions to aircraft where they have not been in the portfolio for the full date range selected for the reporting.
    Users can configure a participation % against each aircraft, allowing them to model the carbon emissions on a pro-rata basis between total and participation level per aircraft. For example, a bank may add the loan participation % to calculate its Scope 3 emissions based on its loan participation, where an asset manager may build a portfolio with participation % reflecting the investment funding of each asset.
  • My Portfolio View – input and management
    This is the input page where PACE users can upload details that identify specific aircraft in grouped views (“portfolios”), ranging from the entire fleet of aircraft that the customer is involved with to smaller sub-views, potentially based on individual deals under review.
    The PACE Customer Success team supports the upload process, particularly during the implementation stage when large numbers of aircraft can be uploaded through digital transfer.
    Key identifiers required to accurately identify the aircraft include MSN (Manufacturer Serial Number), Aircraft Variant and Aircraft Type. To accurately attribute carbon emissions at the MSN level, PACE users also input ‘From’ and ‘To’ dates, representing the period of time the aircraft has been in the portfolio.
    Users can also configure a ‘participation %’ for each MSN, which can be used to assign emissions on a pro-rata basis dependent on for example loan participation or investment fund. One further optional input is ‘Client Reference’ which is a free text field in which PACE users can include information that can facilitate further processing across other IT systems in their organisation.
  • Aircraft View – aircraft by MSN
    PACE users can drill down and analyse the full suite of carbon emissions metrics of a specific aircraft, identifying it by its MSN (Manufacturer Serial Number) and Aircraft Type and Variant.
  • Operator View – by AOC
    PACE users can analyse carbon emissions performance by Operator, across its fleet of multiple aircraft types and variants. Users can choose between all aircraft in the Operator’s fleet or just those in a portfolio defined by the user in the My Portfolio page. PACE summarises emissions by aircraft type within the operator fleet, a split between domestic and non-domestic activity and a detailed summary by MSN (Manufacturer Serial Number).
  • Airline Group View
    PACE users can conduct analysis in the Airline Group dashboard at the overarching ‘parent’ group level, where each respective airline AOC that is wholly or partly owned by a group is assembled into a collective view. This collective view is curated by PACE based on % ownership. Financiers in aviation often complete analysis at Airline Group level and this page is designed to support them in this activity.
  • Aircraft Modelling – Type and Variant
    Users seeking comparison between different aircraft types and variants can model the carbon emissions performance over differing flight cycles, load factors, distances and SAF usage – with the Aircraft Modelling page producing comparison data in intensity metrics (such as CO2 per ASK) and overall carbon tonnes (Total CO2t).
  • ETS and CORSIA – Cost of Compliance
    Emissions Trading Schemes such as EU-ETS and CORSIA were introduced to combat climate change by placing a limit or allowance on the amount of carbon emissions an operator can produce, and a cost of purchasing further allowances.
    Often tradeable, these allowances affect both the operating costs of an airline and the corresponding risk to the financier, so in this page in PACE users can quantify both of these financial metrics and model the impact of future variances in value.
  • My Alerts – “Notify me if” scenarios
    PACE continually analyses data and can generate alerts based on user request. Referred to as “Notify me if”, the user can instruct PACE to send a notification if the event is triggered, such as an aircraft movement where a current AOG (aircraft on ground) takes off, or a risk factor such as a ETS compliance exposure threshold is breached. The PACE Customer Success team works directly to help the users in the initial configuration of the required alerts.

3. Unlocking Opportunity

  • Intensity Analysis – Full Suite of Carbon Metrics
    PACE users can compare and benchmark an individual portfolio, an operator, an aircraft type or a specific MSN against “the market”, being the industry average performance of the equivalent category over the selected date range.
  • Refleet – Model impact for Fleet Churn and Evolution
    PACE users can predict the impact on carbon emissions of switching from the current aircraft in a portfolio (for example an Airbus A320) to another aircraft type and variant (for example to an Airbus A320 Neo). Users can model future fleet additions or modifications per aircraft type, applying operator average utilisation to the new fleet to assess overall impact.
  • Emissions Roadmap – Model strategies for Carbon Reduction
    PACE users can work with the Emissions Roadmap to build different scenarios of future carbon emissions at portfolio, operator, aircraft type or MSN level.
    Users can input the desired carbon reduction trajectory – for example the EU’s Fit for 55 programme which targets a 55% reduction against the 2019 baseline year by 2030 – and then adjust levers available such as activity variance (+ or -), refleet (changing aircraft type), SAF (including different reduction performance levels) and other carbon capture activities.
    PACE users can identify gaps between the desired reduction pathway and the predicted result based on the scenario modelled, and these can be saved for later working.
  • CAF Methodology Page (Climate Aligned Finance)
    Climate Aligned Finance (CAF) is a representative group of financiers that has defined a methodology for calculating emissions based on CO2e WTW – Carbon Dioxide equivalent from Well to Wake. This calculation includes CO2 and GHGs (greenhouse gases) from the mining of the fuel (Well) to the emissions from the tailpipe of the aircraft (Wake).
    CAF has developed this standard is to allow financiers and operators agree on a common calculation for carbon performance that can facilitate financial transactions where improved efficiency in operations is rewarded.
    PACE users can analyse emissions and traffic data at Operator, Owner (including Lessor) and Aircraft Model Average. The Intensity Analysis is presented as RTK (Revenue Tonne Kilometer) at RTK Total, RTK Passenger, RTK Belly and Dedicated Cargo levels.
  • IMPACT Methodology Page
    Impact is a representative group of financiers and aviation stakeholders working towards a common purpose in carbon reduction. It has defined a methodology for scoring performance at airline level, based on the decoupling of CO2 emissions from RPK (Revenue Passenger Kilometers), measured against a baseline year of 2019. In the IMPACT page users can analyse each airline and determine its Sustainability Milestone Score.

4. Customer Success

  • User Onboarding – PACE Training Team
    New users are onboarded to PACE through a series of three training modules, beginning with Orientation, followed by Technical Review and concluding with the Feedback session. Taking place over the course of the first month of the new subscription, each session comprises 30 minutes and is conducted by video call.

 
 
 
 
 

Subscription Level – Essential

Essential takes its name from its fundamental goal – to allow PACE customers to complete the bare essential calculations required to deliver their Scope 3 carbon emissions. Designed with simplicity in mind, Essential allows users to deliver this information “in one click”. In this subscription level users input one portfolio to include all of the aircraft they have an interest in, and PACE delivers one streamlined data report which can be incorporated into annual ESG reporting processes.

Essential begins with user onboarding training designed to familiarise your team with the capabilities in the platform, help assemble the data points required for the initial uploading of the portfolio, and how to maintain the portfolio thereafter in the live environment. Should your requirements grow over time, the PACE Customer Success Team can guide you through capabilities available in the other subscription levels.

Summary of Contents in this Subscription Level – Essential

  1. System Access
    • User Access via web browser
  2. Assuring Governance
    • Portfolio View – number of portfolios
    • My Portfolio – input and management
    • Aircraft View – aircraft by MSN
    • Operator View – by AOC
  3. Unlocking Opportunity
  4. Customer Success
    • User Onboarding – PACE Training Team

 

1. System Access

  • User access
    Users can access PACE as an individual user, a user in a single company entity, or a user within a company’s agreed affiliates.

2. Assuring Governance

  • Portfolio View – number of portfolios
    PACE users can analyse a selection of aircraft by creating a portfolio in the My Portfolio input page and analysing it in Portfolio View.
    A primary deliverable is the carbon emissions data for the aircraft included over the date range selected, denoted by the ‘from’ and ‘to’ dates in the inputs. These dates are very specific, allowing partial allocation of carbon emissions to aircraft where they have not been in the portfolio for the full date range selected for the reporting.
    Users can configure a participation % against each aircraft, allowing them to model the carbon emissions on a pro-rata basis between total and participation level per aircraft. For example, a bank may add the loan participation % to calculate its Scope 3 emissions based on its loan participation, where an asset manager may build a portfolio with participation % reflecting the investment funding of each asset.
  • My Portfolio View – input and management
    This is the input page where PACE users can upload details that identify specific aircraft in grouped views (“portfolios”), ranging from the entire fleet of aircraft that the customer is involved with to smaller sub-views, potentially based on individual deals under review.
    The PACE Customer Success team supports the upload process, particularly during the implementation stage when large numbers of aircraft can be uploaded through digital transfer.
    Key identifiers required to accurately identify the aircraft include MSN (Manufacturer Serial Number), Aircraft Variant and Aircraft Type. To accurately attribute carbon emissions at the MSN level, PACE users also input ‘From’ and ‘To’ dates, representing the period of time the aircraft has been in the portfolio.
    Users can also configure a ‘participation %’ for each MSN, which can be used to assign emissions on a pro-rata basis dependent on for example loan participation or investment fund. One further optional input is ‘Client Reference’ which is a free text field in which PACE users can include information that can facilitate further processing across other IT systems in their organisation.
  • Aircraft View – aircraft by MSN
    PACE users can drill down and analyse the full suite of carbon emissions metrics of a specific aircraft, identifying it by its MSN (Manufacturer Serial Number) and Aircraft Type and Variant.
  • Operator View – by AOC
    PACE users can analyse carbon emissions performance by Operator, across its fleet of multiple aircraft types and variants. Users can choose between all aircraft in the Operator’s fleet or just those in a portfolio defined by the user in the My Portfolio page. PACE summarises emissions by aircraft type within the operator fleet, a split between domestic and non-domestic activity and a detailed summary by MSN (Manufacturer Serial Number).

3. Unlocking Opportunity

  • Not applicable in this subscription level.

4. Customer Success

  • User Onboarding – PACE Training Team
    New users are onboarded to PACE through a series of three training modules, beginning with Orientation, followed by Technical Review and concluding with the Feedback session. Taking place over the course of the first month of the new subscription, each session comprises 30 minutes and is conducted by video call.

 
 
 
 
 

Subscription Level – Foundation

Foundation is provided to individual users as a free service, providing a live view of the overall ‘universe’ of commercial flight. This includes both passenger and dedicated cargo commercial aircraft. System access is by individual user login in which this subscription level allows individual PACE users to gain a holistic understanding of the aviation sector’s carbon footprint.

Foundation provides insights to better inform environmental planning and strategy. It includes the evolution of ‘current’ technology to ‘new’ technology, evidencing a significant shift over time to aircraft that are more efficient. In Foundation users also see the conversion of Total CO2 measured in tonnes to its full lifecycle equivalent, known as Well to Wake (WTW), with the calculation conversion using science-based methodology.

Summary of Contents in this Subscription Level – Foundation

  1. System Access
    • User Access via web browser
  2. Assuring Governance
    • Universe View – all commercial flight activity
  3. Unlocking Opportunity
  4. Customer Success
    • User Onboarding – PACE Training Team – Tutorial

 

1. System Access

  • User access
    Users can access PACE as an individual user, a user in a single company entity, or a user within a company’s agreed affiliates.

2. Assuring Governance

  • Universe View – all commercial flight activity
    This common view in PACE shows the quantity of Active Aircraft and Airlines (by AOC – Air Operator Certificate) and the total Carbon Emissions measured in CO2 tonnes for the date range selected by the user. The CO2 total is also translated into Well to Wake (WtW), and the evolution of current generation to new generation aircraft is charted over time.

3. Unlocking Opportunity

  • Not applicable in this subscription level.

4. Customer Success

  • User Onboarding – PACE Training Team – Tutorial
    Foundation users can log in to the PACE website and see an overview of the key information presented by PACE in the Foundation “Universe View”.

 
 
 
 
 

Subscription Level – Impact Hub

The representative group Impact (impact on sustainable aviation) has developed a reporting framework to enable Impact Members to analyse airline and portfolio emissions on a relative and absolute basis. Emissions are analysed in terms of the percentage change of Total CO2 and RPK (Revenue Passenger Kilometer) relative to a base year, suggested to be 2019. Variances are then scored against the Impact Matrix and milestone scores are assigned to measure the decarbonisation progress of the airline (or portfolio).

The inputs for the Impact Framework rely on airline reported data, and PACE has been appointed as the provider of this data through the Impact Hub. The Hub contains airline reported data extending back to 2001 together with milestones and de-coupling calculations. Members have no requirement for manual data manipulation, and in addition, PACE presents the decoupling and milestone scores for each airline in chart format as prescribed by the framework.

Also included in the Impact Hub, PACE includes the Universe View (as available in the Foundation subscription level) as a free service, providing Impact Members with a live view of the overall ‘universe’ of commercial flight. This includes both passenger and dedicated cargo commercial aircraft and provides high-level insights to better inform environmental planning and strategy. It includes the evolution of ‘current’ technology to ‘new’ technology, evidencing a significant shift over time to aircraft that are more efficient. In Foundation users also see the conversion of Total CO2 measured in tonnes to its full lifecycle equivalent, known as Well to Wake (WTW), with the calculation conversion using science-based methodology.

Summary of Contents in this Subscription Level – Impact Hub

    1. System Access
      • User Access via web browser
    2. Assuring Governance
      • Universe View – all commercial flight activity
    3. Unlocking Opportunity
      • Impact Methodology – Airline Data
    4. Customer Success
      • User Onboarding – PACE Training Team – Tutorial

     

    1. System Access

    • User access
      Users can access PACE as an individual user, a user in a single company entity, or a user within a company’s agreed affiliates.

    2. Assuring Governance

    • Universe View – all commercial flight activity
      This common view in PACE shows the quantity of Active Aircraft and Airlines (by AOC – Air Operator Certificate) and the total Carbon Emissions measured in CO2 tonnes for the date range selected by the user. The CO2 total is also translated into Well to Wake (WtW), and the evolution of current generation to new generation aircraft is charted over time.

    3. Unlocking Opportunity

    • Impact Methodology
      Impact is a representative group of financiers and aviation stakeholders working towards a common purpose in carbon reduction. It has defined a methodology for scoring performance at airline level, based on the decoupling of CO2 emissions from RPK (Revenue Passenger Kilometers), measured against a baseline year of 2019. In the IMPACT page users can analyse each airline and determine its Sustainability Milestone Score.

    4. Customer Success

    • User Onboarding – PACE Training Team – Tutorial
      The PACE Impact Hub Implementation Programme includes member set-up, member user onboarding and free 30 minutes tutorial. In addition, Impact Members are pre-authorised through the Impact Hub to a free 30-day Enterprise subscription evaluation at any time during the term.