The journey we have ahead of us is long and we understand that there are many challenges to overcome but in taking decisive action today we can provide a better tomorrow and lead change in our industry.
Transitioning to a sustainable future is the greatest challenge our industry has faced. In our series of reports, we investigate the critical factors that can drive this transformation, collaborating with leading experts from within and outside the sector.
This fourth report of the series focuses on the social pillar of ESG, reveals a relatively high level of inertia in this area, yet underscores it as an indispensable engine for the industry’s transition.
The third MB92 sustainability report in a series focusing on the urgent challenge facing our industry, highlights the need for increased regulation and environmental assessment within the superyacht supply chain.
While the focus has predominantly been on new build solutions, there has been less emphasis on futureproofing the existing fleet. This second report explores current and upcoming innovations that could help the industry reduce its ecological footprint and how to make these appealing to owners.
The superyacht industry is running out of time to course-correct on sustainability. This report, created in collaboration with industry stakeholders and environmental NGOs, investigates the path ahead for the sector. Key topics include advances in new propulsion technologies, life cycle assessment tools, and international regulations.
Transparency and reporting on our activity are integral to our sustainability commitment. Today we published our latest MB92 Group Annual Sustainability Report, where we describe our impact as well as the initiatives completed and in progress during 2023.
The sea is our passion.
It is vital that future generations are able to share in this enthusiasm. We take this responsibility seriously and have been working towards more sustainable practices for several years. Even so, we recognise that, as leaders in our industry, we have a responsibility to do more. To go further.
In 2020 we decided to vastly increase our efforts and do more than just limit the impact our industry has on the local environment. We plan on fundamentally changing the way we work to become a truly sustainable shipyard.
Using the framework set by the 2030 U.N. Agenda for Sustainable Development, we are committed to numerous sustainable initiatives centred around the following key principles:
We believe in quantifying and reducing the impact of our activity and leading the effort within our industry to reduce climate change.
We believe in maximising the reduction of combustion gas emissions, volatile organic compounds and providing sustainable energy alternatives to clients and providers inside the facilities.
We believe in the reduction, re-use and recycling of materials wherever possible, as well as the responsible management of all non-recyclable waste generated at our facilities.
Water is one of our most precious resources. We believe that the water in our ports and oceans should be of the highest possible quality and facilitate the success of marine ecosystems.
We believe in supporting local & Superyacht community initiatives as well as partnering with businesses and organisations that share our approach and raise awareness on social & environmental issues.
We believe that everyone entering our facilities be part of an inclusive and welcoming culture in an environment that is safe & secure, provides opportunity for personal growth and is aligned with a shared set of values.
Our strategy is based on a continual cyclical process to ensure that we remain on target to achieve our objectives
/ Step 1 Understand: Use every means to understand where we are (monitoring systems, external audits, etc.)
/ Step 2 Assess: Review the options available to best approach the challenge, considering effects on all stakeholders
/ Step 3 Address: Select the optimum path, plan & implement the change, and define measuring strategy
Our investment strategy is reviewed annually in accordance with our progress and the evolving nature of the challenges we face.
We have allocated a significant initial investment for the next 5 years to support our effort, with a large proportion to be invested in environmentally efficient infrastructure, innovation and training.
We are forming partnerships aligned with our principles and that support our commitment to reach our objectives as efficiently as possible. We are members of the ICOMIA Superyacht Refit Group and one of the first anchor partners with the Water Revolution Foundation, hoping to inspire and influence our industry to do and be better.
We are also working closely with our global network of working partners to identify and prioritise sustainable solutions throughout our value chain.
An important part of our plan is oversight and reporting of progress. As such, the Group will begin to publish a yearly sustainability report outlining our actions and deliverables. The oversight committee includes external sustainability auditors and will be EMAS Certified (European Union’s (EU) Eco-management and Audit Scheme)
Change often requires pioneers to light the path. The E1, the world’s first electric raceboat championship aims to accelerate development in marine electrification in the same way as Formula E has done in the automobile industry.
One of many sustainable features of the new 4300t shiplift project has been the inclusion of an artificial fish nursery. The world’s largest industrial application of this system is now installed and ready to welcome its first inhabitants. We caught up with La Ciotat Shipyards and Seaboost to discuss the conservation project.
Earth day is a yearly opportunity to reflect on where we are, how we got here and where we need to go. Since we launched the 5-year sustainability plan in early 2021, we have implemented and completed a wide range of projects across the Group, with significant results already being seen.
MB92 La Ciotat announce a new partnership with the Sea Index, committing to support the development of their CO2 emission evaluation rating system and promoting good environmental practice on yachts over 40m LOA.
MB92 announces that it will be embarking on an intensive drive towards becoming more sustainable.
Following a successful yard stay at our facilities, Giles Sangster, MY Talitha Captain, shares his views on sustainability and superyachts, and discusses the yacht’s involvement in the MB92 Barcelona Sea Bin project.
This series of interviews showcases the remarkable talent, passion and determination of women in our organisation and throughout the industry.
The benefits of building synergies between our communities are demonstrated in this plastic recycling project to support a local Barceloneta football team
