Travel
PACE expands services to airport and corporate travel sectors
PACE, Fexco’s sustainability data and analytics product suite, launched PACE Data Services today.
This new product suite provides insights for airport and corporate travel sectors to measure, manage and mitigate their emissions.
The service aligns with carbon reduction regulations by using live flight tracking data to monitor over 99% of commercial flights and analyse over 370,000 routes.
PACE say that their data services will provide airports with a cohesive and precise view of their flight-related emissions.
In the corporate travel sector, PACE’s data will enable more informed decision-making when it comes to both booking travel and providing more accurate reporting of corporate travel emissions.
Recent research from Deloitte shows one in three companies are seeking guidance from travel management companies to reduce their carbon footprint.
In one use case alone, which would have a significant impact on decision-making for corporate travel management, data reveals considerable variations in CO2 emissions per occupied seat, up to 50%, on the same popular transatlantic route across different aircraft.
These differences are primarily due to factors such as aircraft seat configuration and aircraft type.
“This new service builds on PACE’s rapid growth, driven by demand to address carbon emissions across the aviation value chain,” said Cathal Foley, CEO of PACE.
“This will enable airports and corporate travellers to better understand how we fly better while continuing to support ambitious growth strategies.”
“Ireland has globally acknowledged aviation expertise, and it is fitting that a successful Irish multinational like Fexco is leading the way in meaningfully enabling the sector to make better decisions on its journey to net zero emissions,” said Minister for the Environment, Climate, Communications and Transport Eamon Ryan TD.
Photo: Eamon Ryan with PACE CEO Cathal Foley