Forecasting User Guide

Created by Georgie Hutchings, Modified on Mon, 7 Jul, 2025 at 10:11 AM by Georgie Hutchings



Overview


Thrust Carbon’s NetZero Forecaster tool aims to enhance precision in sustainability planning.  It enables Thrust Calculator users to easily predict the future impact of decarbonization options in order to inform travel policy decisions and promote the achievement of net zero goals.


The following guide illustrates the assumptions, calculations and limitations related to each decarbonisation lever in the forecasting model. 


How It Works


The forecasting model takes the latest full year emission inventory from Thrust Calculator as the baseline year. The baseline year is calculated using the latest methodology setting in Thrust Calculator. Historical emissions and carbon targets are also integrated from Calculator settings and shown as a layer on graphs to inform pathway definitions. 


The decarbonisation levers in the ‘Policies’ section (with the exception of the SAF levers) are applied 100% by the year of full implementation (this year can be chosen by the user), under the assumption that a policy changes all travel behaviour. E.g. mandatory use of economy for all flights under 3 hours. 


The model can be used in 2 ways: 

  • To understand the impact of a stand alone policy change. 

    • E.g. If I change the time of flight for economy flights from 2 hours to 3 hours, what is the year on year carbon reduction saving? 


  • To understand the aggregate impact of policy changes in meeting required carbon reduction targets. 

    • E.g. If I were to implement a combination of travel policies, how would this change the likelihood that I can meet my carbon reduction targets? 

    • Next version improvement: The forecasting model will be available for multiple scenarios. That is to say that users will be able to create and save multiple versions of the dashboard in order to illustrate different ways of hitting net zero goals.

Forecast Preferences


Before introducing decarbonisation levers, it is important to assign the forecasting preferences for the company, see guidance below.



These controls can be found under ‘Forecast Preferences’:


Filter by travel type


The tool can be used to create a forecast for an entire travel program or focus on individual travel modes. 


Forecast timeframe


Use the control to choose the timeframe for the forecast planning. 


Thrust Carbon Recommendation: 

We recommend selecting an end year that aligns to your corporate Net Zero target. If you do not yet have a target, we recommend including all years and seeing what a realistic target year could be. 


Annual business growth


Business Growth settings should be set with estimated year on year expected growth. The value is assigned to travel across all travel modes and all business units. 

  • Next version improvement: Growth projections will be able to be assigned for a given year. E.g. 5% growth in 2026, but 2% growth in 2027. 

  • Next version improvement: Separate growth targets will be able to be specified at business unit level.


Thrust Carbon Recommendation: 

We recommend selecting a growth metric that is most closely linked to travel growth, e.g. revenue or FTE. 


Global EV transition 


EV stock share (%) from 2025-2035, and extrapolated from 2040-2050.


Scenario

IEA alignment

2025

2030

2035

2040

2045

2050

None

None

6

6

6

6

6

6

Medium Scenario 

IEA STEPS Scenario 

6

17

34

68

100

100

High Scenario 

IEA APS Scenario 

6

16

31

60

100

100


Data sources: https://www.iea.org/reports/global-ev-outlook-2024/outlook-for-electric-mobility


This is a work derived by Thrust Carbon from IEA material and Thrust Carbon is solely liable and responsible for this derived work. The derived work is not endorsed by the IEA in any manner.


Limitations/Assumptions: 


  • Data is only available up to 2035, and has been extrapolated out until 2050. This extrapolation results in the assumption that all vehicles will be electric by 2045 under both scenarios. 

  • EV Stock Share (%) selected as parameter under the assumption that the greater the stock of EV the increased likelihood of a car or taxi used for business travel being electric. 

  • EV is battery or plug-in electric vehicles but not hybrid. 



Thrust Carbon Recommendation: 

There is no guarantee that the scenarios outlined will be met. Therefore, it is our recommendation to take a conservative approach, selecting the ‘None’ or ‘Medium scenario’ when forecasting emissions to ensure that policies and strategies are resilient to delays in market changes. 


Whilst the growth of EV stock is somewhat outside of an organisation's control, we recommend engagement with suppliers and collaboration across the industry to ensure adoption of EV’s is realised. 


Aircraft fuel efficiency improvements


Average fuel improvement of the routes group from 2025-2050, including domestic and international routes.


The scenarios represent the total  fuel efficiency improvement of aircrafts by 2050, such that a given flight requires X% less in fuel combustion. 


Scenario 

Boundary

Median by 2050

None

N/A

0%

Low Scenario

3.52%-6.69%

5.1%

Medium Scenario

5.69%-10.69%

8.2%

High Scenario

10.03%-17.58%

13.9%


Data sources: https://www.icao.int/environmental-protection/LTAG/Pages/LTAG-and-Fuels.aspx


Limitations/Assumptions: 

  • Average of scenario boundary is used, for a given scenario this might result in an under or over-estimation.

  • The model assumes that progress towards the stated fuel efficiency improvements is linear from the current year to 2050. In reality, fuel efficiency improvement may be slower in the near years and speed up in the 2040s, or vice versa.


Thrust Carbon Recommendation: 

There is no guarantee that the scenarios outlined will be met. Therefore, it is our recommendation to take a conservative approach, selecting the ‘None’ or ‘Low scenario’ when forecasting emissions to ensure that policies and strategies are resilient to delays in market changes. 


Whilst the rate of fuel efficiency improvements is somewhat outside of an organisation's control, we recommend engagement with suppliers and collaboration across the industry to ensure fuel efficiency improvements are realised. 


Policies


These controls can be found under ‘Policies’:


 

Policy definition


Choose whether levers are ‘time based’ or ‘distance based’. For example when selecting thresholds for air class travel policies.


Distance to time conversion:



Estimate

(see more details below)

Air

740 km/h

Rail 

185 km/h


  • For air travel, an average ‘useful’ speed of 740km/h is used. The average cruising speed of an aircraft ranges between 740-925km/h, depending on weather conditions, altitude, aircraft type and other factors (https://flybitlux.com/how-fast-does-a-commercial-plane-fly/), with most sources estimating a speed of 770km/h or faster. Cruising speed is not a direct proxy for travel time, because aircraft must spend time taxiing, circling airports and climbing to cruise altitude etc. It is not possible to identify a single average speed ‘useful’ speed which takes these factors into account. Therefore, 740km/h has been used since it is the lowest cruise speed cited, and is somewhat slower than typical cruise speeds quoted by most sources.

  • For rail travel, an average ‘useful’ speed of 185km/h is used. This is used as a proxy in order to account for the wide range in trains speeds on different lines and in different countries. Lines not officially designated as ‘high speed’ (250km/h+) but which are viable as an alternative to flying over shorter distances may operate at around 120-150km/h on average including stops (https://en.wikipedia.org/wiki/InterCity_125). On the other hand, some purpose-built long-distance high speed lines in France or China will achieve speeds in excess of 185km/h.


Full policy implementation year 


We understand that it might not be realistic to bring in a policy fully next year, therefore this control allows you to define the year in which the policy will be fully realised and assumes linear progress towards full implementation from 2025 until then. 


E.g. Phase out all first class travel by 2030 - set first class travel to 20h and this setting to 2030


Limitations/Assumptions: 

  • This lever controls all policy implementation timelines. 

    • Next version improvement: Capability to apply different implementation timeframes for each lever. 


Air Cabin Class Policy 


In air travel, class switching is among the most impactful levers to organisations at their disposal to reduce emissions from flying.


The class threshold levers allow users to set the minimum time/distance at which travelers may select the given travel class (Premium Economy, Business or First).


An emissions differential will be calculated based on the organisation’s current class mix and the newly-specified class mix.


Limitations/Assumptions: 

  • This lever assumes compliance in a linear progression with class-based travel policies from the current year until full policy implementation year.

  • The lever allows for only one specified travel class policy, which is applied over the whole forecast period,

    • Next version improvement: Capability to apply different travel class policies over time. For example between 2025 and 2030 users may set a 4 hour threshold for business class, between 2030 and 2035 they may set a 5 hour threshold, and so on.

  • Air data that is being calculated with spend is currently assumed to have a distance of 0.


Modal Switch: Air to High-Speed Rail 


Travelling by rail is much less carbon intensive than flying.


The Air/Rail Switch Threshold lever allows users to set a threshold (based on distance or train travel time) below which air journeys are converted to rail. An emissions differential will be calculated based on the volume of air travel which would convert to rail in future years.


The model allows air to rail modal shift on specific routes only. If a travel programme does not have air travel on these routes, then this lever will not project emissions reductions in future years when used. The routes have been chosen based on high levels of confidence that viable high speed rail options exist as alternatives to flying. 



Thrust Carbon Recommendation: 

Evidence shows that it is realistic to ask travellers to take train journeys of up to 3-4 hours. Beyond the 4 hour threshold, much more engagement and/or incentivisation is generally needed.


Data sources: See Appendix 1 for full list of Air to Rail routes


Limitations/Assumptions: 

  • Air to Rail dataset currently only includes - 

    • A set number of rail routes within 3 geographic zones (see Appendix 1). These are based on a high level of confidence as judged internally by Thrust Carbon staff.

    • Next version improvement: A far greater number of viable routes will be added. Third party evidence will underpin the improved dataset 

  • The reduction potential is calculated assuming that full lifecycle emission factors (combustion + well-to-tank) are used for air and rail. 

  • The reduction potential is calculated assuming Radiative Forcing is not included to be conservative, savings could be greater if RF included. Additionally, UK rail is currently used as a proxy and all values are inclusive of WTT.

    • Next version improvement: Reduction potentials will be aligned with the individual Thrust Calculator methodology settings.

  • The reduction potential is calculated using DEFRA 2024 UK emission factors for resulting rail emissions. This may result in an over or under-estimation based on the specific grid mix of the country of rail travel. 

    • Next version improvement: Country specific rail factors 

  • Air data that is being calculated with spend is currently assumed to have a distance of 0.


Thrust Carbon Recommendation: 

Significant emission savings can be achieved through switching all short flights to rail travel. Our recommendation is to review short flights where rail alternatives exist and understand the feasibility of implementing a policy to either ban flying, or strongly encourage rail travel. For example; London - Edinburgh, London - Paris, Lisbon - Porto. 


Annual travel growth/reduction per FTE


Representation of policies or strategies to reduce travel on an intensity basis (per an FTE) or from total company travel. 


Data sources: To be input in % by user


Limitations/Assumptions: 

  • Applied to all travel and regions. 

    • Next version improvement: Country and business unit specific


Thrust Carbon Recommendation: 

Once the above policies have been set, this lever can be adjusted to explore what reduction in travel would be needed to meet your carbon targets in the face of planned organisational growth. 


Air Travel Route optimisation


Within air travel there are opportunities to select the most efficient airlines (optimised load factors) and most fuel efficient aircrafts (fuel burn). This lever allows a user to see the impact of this optimization. 


Data sources: To be input as an estimate in % by user


Limitations/Assumptions: 

  • Relies on estimate by user 

    • Next version improvement: Automation to inform what a realistic % could be and how this could be realised.

  • Applied to all travel and regions. 

    • Next version improvement: To be route specific. 



Thrust Carbon Recommendation: 

On some routes it can be possible to find air emission savings in excess of 30%. However we recommend assuming a maximum potential saving of 10% across a whole travel program in aggregate to be conservative.


Sustainable Aviation Fuel (SAF)


Carbon accounting for Sustainable Aviation Fuel (SAF) is steadily moving toward greater standardization, guided by international frameworks such as ICAO’s CORSIA and IATA’s SAF methodology. These frameworks rely on comprehensive life cycle assessments—covering everything from feedstock cultivation to refining, distribution, combustion, and land-use impacts—to quantify emissions reductions accurately.

However, whilst there are challenges with data availability, a key mechanism enabling broader adoption is the "book and claim" system, which decouples the environmental benefits of SAF from its physical delivery. This allows companies to purchase SAF and account for the associated emissions reductions within their carbon inventories, even if the fuel is consumed elsewhere in the supply chain. This model is increasingly accepted in corporate climate strategies, especially for addressing Scope 3 emissions under the Science Based Targets initiative (SBTi), which include emissions from business travel and freight. 

Consequently, in the forecasting model, SAF procurement is treated as a distinct emissions reduction initiative rather than considering scenarios of average SAF usage across all aviation activity.



Data sources: To be input as an estimate in % by user


Limitations/Assumptions: 

  • Same price applied across all years of use 

    • Next version improvement: SAF prices per year with the addition of exogenous scenarios for SAF market price projections


Thrust Carbon Recommendation: 

Carbon accounting regarding SAF is still evolving, and therefore organizations should continue to monitor data availability and carbon accounting developments to ensure their SAF procured is being accounted for in line with the latest requirements. 


Carbon removal quantity and cost modelling

These controls can be found under ‘Carbon Removals’. This relates to high quality carbon removals, not offsets:



Data sources: To be input as an estimate in % by user


Limitations/Assumptions: 

  • Same price applied across all years of use 

    • Next version improvement: Removal prices per year with the addition of exogenous scenarios for removals market price projections



Coming Soon 


Indicative Roadmap for development



Missing a key decarbonisation lever? Get in touch with Thrust Carbon to learn how their Net Zero experts can provide tailored decarbonisation modelling to help you reach your Net Zero goals.


Appendix 1 - Potential High Speed Rail Routes

Within each of the below zones, an air journey constituting any of the listed locations for its start and end points is designated as a potential candidate for modal shift from air to rail.


Zone 1: China

  • PEK: Beijing Capital International Airport

  • NAY: Beijing Nanyuan Airport

  • PKX: Beijing Daxing International Airport

  • PVG: Shanghai Pudong International Airport

  • SHA: Shanghai Hongqiao International Airport

  • CTU: Chengdu Shuangliu International Airport

  • TFU: Chengdu Tianfu International Airport

  • WUH: Wuhan Tianhe International Airport

  • SZX: Shenzhen Bao'an International Airport

  • CAN: Guangzhou Baiyun International Airport

  • HKG: Hong Kong International Airport (Note: Hong Kong is a Special Administrative Region of China)

  • XMN: Xiamen Gaoqi International Airport (now Xiamen Gaoqi International Airport is sometimes referred to as Xiamen International Airport)

  • LYA: Luoyang Beijiao Airport

  • KHN: Nanchang Changbei International Airport

  • CKG: Chongqing Jiangbei International Airport

  • WSK: (No clear match; possibly Wenshan Puzhehei Airport, but not standard code; flagged for uncertainty)

  • KWL: Guilin Liangjiang International Airport


Zone 2: Europe

  • LON: London

  • PAR: Paris

  • SEN: London Southend Airport (United Kingdom)

  • LON: (Generic for London; not a specific airport code; flagged for uncertainty)

  • LHR: London Heathrow Airport (United Kingdom)

  • LGW: London Gatwick Airport (United Kingdom)

  • LTN: London Luton Airport (United Kingdom)

  • LCY: London City Airport (United Kingdom)

  • STN: London Stansted Airport (United Kingdom)

  • PAR: (Generic for Paris; not a specific airport code; flagged for uncertainty)

  • CDG: Paris Charles de Gaulle Airport (France)

  • ORY: Paris Orly Airport (France)

  • BVA: Beauvais–Tillé Airport (France, serves Paris)

  • AMS: Amsterdam Airport Schiphol (Netherlands)

  • RTM: Rotterdam The Hague Airport (Netherlands)

  • BRU: Brussels Airport (Belgium)

  • LIL: Lille Airport (France)

  • SXB: Strasbourg Airport (France)

  • NTE: Nantes Atlantique Airport (France)

  • BOD: Bordeaux–Mérignac Airport (France)

  • AVN: Avignon Provence Airport (France)

  • LYS: Lyon–Saint-Exupéry Airport (France)

  • LBG: Paris–Le Bourget Airport (France)


Zone 3: US

  • NYC: New York

  • BOS: Boston Logan International Airport

  • JFK: John F. Kennedy International Airport (New York)

  • NYC: (Generic for New York City; not a specific airport code; flagged for uncertainty)

  • LGA: LaGuardia Airport (New York)

  • EWR: Newark Liberty International Airport (New Jersey, serves New York City)

  • PHL: Philadelphia International Airport

  • BWI: Baltimore/Washington International Thurgood Marshall Airport

  • DCA: Ronald Reagan Washington National Airport

  • IAD: Washington Dulles International Airport

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