PACE for Lessors

A typical Lessor portfolio is highly distributed across multiple airline operators with continual churn as aircraft are added and removed, so compiling accurate Scope 3 emissions is highly complex, especially as data from airlines is provided with several months delay and in inconsistent formats. Carbon risk associated with asset value is a relevant longer term concern, and risk managers struggle with more immediate issues such as aircraft on ground (AOG) and breaches of sanctioned territories.

Key Features:

Daily feed of aircraft movements including alerts around specific events
Portfolio-based calculations with precise from and to dates reflecting portfolio changes over time
Scope 3 Fuel burn calculation in CO2 Tank-to-Wake, CO2e Tank-to-Wake, and CO2e Well-to-Wake
Intensity analysis by Availability metrics (ASK, ATK, ACTK)
Customer Success programme supporting Portfolio Management, Risk and Sustainability teams

>99%

of commercial flights

370,000

individual airline routes recorded

24 hourly

updates of all flight data

>10 billion

flight data points

How PACE works

PACE provides visibility into the activity and emissions of Lessor portfolios, removing the reliance on airline operators for data. PACE delivers flight specific risk events through alerts on sanctioned territory breaches, aircraft-on-ground, and cumulative flight hours per MSN. PACE provides downloadable, infographic-style portfolio reports, supporting Lessors with investor relations and allowing them to clearly and confidently communicate the environmental performance of specific investment funds. A key deliverable in the PACE for Lessors programme is supporting customers whose stakeholders are increasingly seeking assurance on the quality and accuracy of the data.

Jackson Square Aviation
How PACE supported us in reaching Limited Assurance

Jackson Square Aviation (JSA), owned by Mitsubishi HC Capital Inc., has become one of the first lessors to secure limited assurance on Scope 3 financed emissions. Through a partnership with PACE, JSA delivered transparent, reproducible data that supported Mitsubishi HC Capital Inc.’s Transition Plan toward a carbon-neutral society. This achievement marks a significant step forward for sustainability in aviation finance.