Pace broadens carbon analytics offering for airport and corporate travel sectors

Services position Fexco offering as authority on aviation emissions

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Pictured: Minister for the Environment, Climate, Communications & Transport Eamon Ryan and Cathal Foley, Pace

Pace, Fexco’s sustainability data and analytics product suite, has launched Pace Data Services, a suite of data and analytics offerings providing insights for the airport and corporate travel sectors to measure, manage and mitigate carbon emissions.

Built on Pace’s data platform 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 is already relied upon by most of the aviation finance sector and the largest financial institutions in the world, like JP Morgan and SMBC.

Since its launch in 2022, PACE has become the only Irish company to meet stringent independent aviation measurement standards, including the recent Pegasus Guidelines

“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. Pace’s vision is to be the global leader in the spaces we operate and deploy our data to enable meaningful change.”

Minister for the Environment, Climate, Communications & Transport Eamon Ryan said: “We are an island and so the aviation sector is a vital part of Ireland’s economy, both as a contributor and an enabler of economic growth. But aviation, like all sectors, will have to transition to a new low-carbon future. It is very exciting to see an Irish company positioned to help transform this sector by utilising its exceptional data and analytics to inform better conversations across the aviation value chain. Measurement is critical to understanding the real impact of carbon reduction measures and claims.

“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.”

TechCentral Reporters

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