IBA qualified by RMI as aviation climate aligned finance data provider

IBA, the leading aviation market intelligence and advisory company, has announced its accreditation by the Rocky Mountain Institute (RMI) as a qualified data provider to the new Pegasus Guidelines. IBA and its market-leading commercial aviation emissions reporting and analysis tool, IBA NetZero, will now be among those recommended to Pegasus Guideline users as a qualified emissions and traffic data provider.

Launched today, the Pegasus Guidelines are the world’s first climate-aligned finance framework for the aviation sector. They were designed to help banks and financial institutions align their investment decisions with decarbonisation targets. They empower financiers to independently measure and disclose the emissions intensity and climate alignment of their aviation lending portfolios compared to a 1.5°C scenario to reach net zero emissions by 2050.

IBA NetZero is the most advanced commercial aviation emissions reporting and analysis tool in the market. It offers users the power to understand the risks and opportunities in reducing carbon emissions from aviation, including the impact of fleet renewals and the cost of reaching net zero by 2050. The IBA NetZero Reporting module supports users in fulfilling their Scope 3 reporting obligations, offering access to emissions reports at the airline, lessor, aircraft, or fleet/portfolio level. This enables banks and financiers to assess their portfolio emissions intensity easily and accurately as part of their commitment to the Pegasus Guidelines.

Users of the Guidelines can also make use of IBA NetZero to create investment cases and define their future fleets for optimal carbon efficiency, accessing critical answers to the biggest questions in sustainable finance.

Nick Stafford, Product Development and Digital Transformation Director at IBA, said: “The decarbonisation of aviation and the journey towards net zero can only be achieved through collective efforts across the industry, from airlines to financial institutions, policymakers to individuals. This understanding has underpinned IBA’s decision to work with the RMI towards qualification as an Aviation Climate Aligned Finance data provider.”

“We look forward to working with the users of the revolutionary Pegasus Guidelines to deliver the unparalleled carbon emissions data and insights that IBA NetZero is known for, which will help the wider industry progress towards a carbon-neutral future.”

RMI is an independent non-profit that transforms global energy systems through market-driven solutions to align with a 1.5°C future and secure a clean, prosperous, zero-carbon future for all. RMI works in the world’s most critical geographies and engages businesses, policymakers, communities, and NGOs to identify and scale energy system interventions that will cut greenhouse gas emissions by at least 50 percent by 2030.

Estefania Marchan, Principal for Sectoral Decarbonisation at the Centre for Climate Finance, RMI, said: “As part of the development of the Pegasus Guidelines, RMI engaged in a thorough data qualification process to find data providers that can deliver third-party emissions and traffic reporting of the highest standard to users of the Guidelines.”