Miami – The International Air Transport Association (IATA) is expanding the distribution network for its IATA CO2 Connect emissions calculations through a new partnership with Thrust Carbon, a sustainability intelligence platform. The collaboration, announced during IATA’s World Sustainability Symposium, will officially launch in October 2024. This strategic move aims to provide more accurate CO2 emissions data for the corporate travel sector, supporting companies in meeting their Environmental, Social, and Governance (ESG) commitments.
“The corporate travel sector needs accurate and comparable CO2 emissions calculations for its ESG monitoring and reporting. By working with Thrust Carbon, we will respond to this important need with calculations based on actual operational data provided by a growing community of airlines,” said Frederic Leger, IATA’s Senior Vice President of Commercial Products and Services.
The IATA CO2 Connect methodology utilizes real-time operational data, including fuel burn, from airlines across the globe. This comprehensive data is then processed by Thrust Carbon according to each client’s specific sustainability objectives. The partnership primarily targets corporate travelers, enabling them to integrate precise emissions data into their flight planning and ESG frameworks.
Kit Aspen, Founder of Thrust Carbon, expressed excitement about the collaboration, stating, “As aviation’s main trade association, IATA has a long tradition in setting industry standards, and we are thrilled with the initiative they are taking towards achieving greater transparency and sustainability. As a result of our collaboration, our corporate customers can now have easier and wider access to the CO2 Connect methodology, including their data flowing in and out of every leading travel management company and expense platform. This enables more consistency for those customers, and the ability to accurately plan carrier and route changes to help meet reduction goals.”
By providing more granular CO2 emissions data, the partnership will enhance decision-making in corporate travel, allowing companies to prioritize sustainability and reduce their environmental impact. The initiative reflects a broader push within the aviation industry to meet global climate targets and align with ESG goals.
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