IBA NetZero forecasts the future emissions impact of the aviation industry, helping shape ESG strategies currently being defined around the globe.
28th June, 2022 - IBA, the leading aviation market intelligence and consultancy company, has today launched IBA NetZero – a revolutionary tool that enables the aviation industry to model risk by simulating and forecasting the cost of future emissions mitigation.
IBA NetZero enables airlines, lessors and financial institutions to model the emissions impact of their future fleet plans, define their CO2 targets to 2050, build mitigation scenarios, and assess their cost implications.
IBA NetZero is the latest development to IBA's award-winning Carbon Emissions Calculator, which is the most advanced finance-focused carbon modelling tool available. It has set the benchmark for aviation carbon modelling and is used by airlines, lessors and financial institutions to measure and report their carbon emissions.
Commenting on the launch of IBA NetZero, IBA's CEO, Ian Beaumont, says:
“IBA's mission is to bring advanced analytics to the aviation market intelligence industry for the first time. The launch of our Carbon Emissions Calculator in early 2021 was our first step in measuring aviation emissions accurately and independently.
“IBA NetZero takes the baseline functionality of the Carbon Emissions Calculator to the next level. The industry is awash with regional initiatives to tax fuel or emissions, promote supply limited and potentially expensive fuel alternatives, or develop innovative new power systems. IBA NetZero provides clarity in this fast moving and shifting landscape.
“For the aviation industry, this implies new risks to mitigate and new opportunities to exploit. IBA NetZero and our specialist ESG consulting services provide what the industry desperately needs, today.”
Mark Streeter, Managing Director, REIT, Airline/EETC, Aircraft Leasing, Rail, Parcel, Freight, Shipping, Transportation HG/HY Coverage, North America Credit Research, J.P. Morgan, says:
“IBA has developed not just an accurate industry-wide carbon emissions model, but also the key functionality and risk analytics that deliver for aviation finance.”
Joe McGinley, Head of Investor Relations at AerCap, says:
“We chose IBA's Carbon Emissions Calculator after a review of the market. It has been an invaluable source for our ESG Report for the Year 2021, which was published this week.”
Commenting further on the needs for global banks, Yann Sonnallier, Global Head of Aviation Finance, Société Générale says:
"Thanks to being an early adopter of IBA's Carbon Emissions Calculator, ‘Société Générale is at the forefront of aviation ESG. The accuracy of the carbon calculations and modelling capability was instrumental in securing our first ever aircraft financing using a sustainability linked loan for European airlines. The independent and comprehensive modelling tool continues to prove vital in our work, and we are excited to see it grow and develop in line with our evolving needs in the future.”
IBA delivers the best of all worlds - deep aviation consultancy expertise, and cutting edge and actionable data insights, all delivered by a proven, expert team with a strong customer focus.
An independent, innovative and forward-thinking business, IBA has over 30 years of heritage and experience in aviation. Named 'Appraiser of the Year' by their clients for five years, and most recently winning the Sustainable Technology award for its Carbon Emissions Calculator, IBA prides itself on its integrity, fierce independence, and continual innovation.
The key to IBA's success is its people – some of the best in the industry, based in multiple locations across the globe – real experts who are passionate about aviation and go the extra mile for their clients.
For more information, visit www.iba.aero
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