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New Sustainability Reporting Guidelines for the Superyacht Industry
The Center for Sustainability and Excellence (CSE) in collaboration with the Water Revolution Foundation (WRF) presents the Sustainability Reporting Guidelines: A specialized Sustainability Assessment Framework for the Superyacht Industry. This new Framework is aligned with the criteria of the GRI Guidelines, UN SDGs and EU legislative directives on Sustainability Reporting. In parallel an […]
How circular economy applies to superyacht industry
Marine environmental concerns are being addressed both by international and EU legislation, challenging the superyacht industry to combine luxury with sustainability. The concept of circular economy is gaining popularity in most industries, finding innovative ways to maintain the value of products, materials and resources for as long as possible. The EU Circular Economy […]
Greenwashing issues in the superyacht industry
Like many industries, the superyacht industry is prone to greenwashing issues. Yachting journalists tend to refer to “green” developments in the industry, but the word “green” itself does not mean sustainable. Sustainability does not only represent environmental practices, but should also be approached from a social and economic perspective. There is no doubt that […]
Innovation and sustainable solutions for the superyacht industry future
Sustainability seems to be an integral part of innovation for the superyacht industry as environmental considerations are topping the list of yachting owners. The reduction of greenhouse gas emissions and the minimization of their carbon footprint are the key trends of future innovations, which will enable technologies to improve efficiency. Significant budgets are spent […]