Miami – The International Air Transport Association (IATA) is expanding the distribution network for its emissions calculations with , a sustainability intelligence platform provider for the travel industry. The agreement was concluded during and will commence in October 2024.
“The corporate travel sector needs accurate and comparable CO2 emissions calculations for its Environmental, Social and Governance (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 Commercial Products and Services.
IATA CO2 Connect emissions calculations are based on a globally accepted standardized methodology that uses airline operational (fuel burn) data. The calculations will be then provided to Thrust Carbon, who will process these according to their individual clients’ needs. Their client base covers mainly the corporate travel sector who will be incorporating these calculations into the flight selection process, as well as use them for ESG monitoring and reporting.
“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 m
