The Monaco Yacht Show recently unveiled its Carbon Neutrality Transition Plan in an exclusive webinar with exhibitors and suppliers, emphasising the show’s commitment to sustainability and shining a light on the ongoing efforts to minimise its environmental impact.
The MYS is dedicated to becoming completely carbon neutral, which is no small feat when taking into account the colossal carbon footprint of the yachting industry. Nevertheless, the show aims to reduce CO2 emissions by 60% by 2025 compared to 2022, while aiming to achieve carbon neutrality alongside the Principality as a whole by 2050.
The transition plan is divided into three phases, actively involving all exhibitors and suppliers in the process, which was explained in the presentation that was hosted by the MYS and Nadeis, the auditing agency supports the show in its sustainability initiatives.
The first step was to calculate the carbon footprint of the event, through three different scopes of data collection, including direct emissions from sources that MYS owns or controls, indirect emissions such as the consumption of electricity from the supply network and other indirect emissions from sources that are neither owned or controlled by the MYS, including exhibitors, suppliers, waste, and transportation.
Questionnaires were used to collect data from visitors, exhibitors and yacht captains, with the latter category being asked about travel distance to Monaco and the type of fuel used. The next slide of the presentation, which can be viewed here, shows that out of around 120 yachts, none responded. However, the MYS aims to receive a response from at least 50 percent of the yachts at the 2023 show, scheduled to run from Wednesday, September 27 to Saturday, September 30.
In a show of transparency, the MYS published some key figures from their findings of the 2022 edition stating that “employees contribute 1 ton [of emissions], which is equivalent to 190 round trips from Paris to Bordeaux by train. Visitors generate 6,608 tons, equivalent to 6,600 round trips from Paris to New York by air (extrapolated data). Waste amounts to 5 tons, equivalent to 44,000 plastic cups. Service providers contribute 39 tons, equivalent to 741 years of power consumption of a TV (extrapolated data). Exhibitors generate 77 tons, equivalent to driving 620,000 kilometres in a diesel car (extrapolated data).”
These results do indeed underscore the need for comprehensive efforts to reduce emissions across the board and the promotion of sustainable practices and environmental responsibility throughout the MYS.
Featured image courtesy of the Monaco Yacht Show