Cirium, the most trusted source of aviation analytics, is proud to be named a qualified data provider by Rocky Mountain Institute (RMI) with the release of the Pegasus Guidelines. This significant milestone underscores Cirium’s commitment to the reduction of aviation flight emissions and its pivotal role in fostering a greener future for commercial aviation.

The Pegasus Guidelines mark a pioneering step as the first climate-aligned finance framework tailored for the aviation industry.

Crafted to guide banks and financial institutions, these guidelines aim to harmonize investment choices with decarbonization goals. They equip financiers with the tools to independently assess and report the emission intensity and climate conformity of their aviation finance portfolios, benchmarking against a 1.5°C scenario to achieve Net Zero emissions by 2050.

Emerald Sky utilizes cutting-edge fuel burn methodology and exclusive data to precisely calculate the fuel consumption and CO₂ output of aircraft.

At the heart of Cirium’s achievement is Emerald Sky which revolutionizes independent aircraft emission measurement by combining data, analytics, and innovative methods to ensure unparalleled precision. Unlike traditional carbon solutions relying on great circle flight distance and generalized aircraft assumptions, Emerald Sky utilizes cutting-edge fuel burn methodology and exclusive data to precisely calculate the fuel consumption and CO₂ output of aircraft. It meticulously considers crucial factors including aircraft model, aircraft attributes (i.e., winglets), engine types, age, flight duration (both physical taxi and airtime), and passenger and cargo load, providing a comprehensive assessment based on fuel burn versus less accurate distance estimates. This precision in measuring aircraft CO₂ emissions offers stakeholders valuable insights for developing more effective CO₂ flight emission reporting by aircraft, portfolio, operator and enables carbon reduction strategies and incentives.

Cirium’s innovation simplifies tracking flight emissions for banks, financiers, and other stakeholders, aiding in accurate emission assessment and reduction in line with the Pegasus Guidelines and global environmental goals.

Key Highlights

• Accreditation by RMI: Cirium’s recognition as a Qualified Data Provider reflects its adherence to the highest standards of data accuracy and reliability in emissions tracking.
• Emerald Sky: This cutting-edge tool provides comprehensive insights into aviation emissions, enabling effective reporting and implementation of carbon reduction strategies with trusted and validated data analytics.
• Commitment to Sustainability: By utilizing Cirium’s EmeraldSky, banks, financiers, and Non-Banking Financial Institutions (NBFI) can significantly advance their commitment to the Pegasus Guidelines and make tangible progress towards achieving net-zero emissions.

Jeremy Bowen, Cirium CEO, expressed enthusiasm about the accreditation, stating, “This acknowledgment from RMI not only validates our efforts but also strengthens our resolve to drive the aviation industry towards a sustainable future. With Emerald Sky, we’re equipping our customers with the data and analytics they need to make informed decisions about their environmental impact.”

Cirium’s accreditation by RMI as a Qualified Data Provider under the Pegasus Guidelines is more than an achievement; it underscores the need for all aviation stakeholders to prioritize sustainability. Through the use of Emerald Sky, stakeholders have a the most accurate and precise data analytics at their disposal to reduce carbon emissions and contribute to a healthier planet.

Learn more about Cirium’s Emerald Sky Flight Emissions