Monaco Yacht Show organizers recently conducted an exclusive webinar for exhibitors and suppliers to discuss their Carbon Neutrality Transition Plan. The presentation underscored the show’s strong commitment to sustainability and its ongoing efforts to minimize its environmental impact.
With a comprehensive three-phase transition plan in place, the organizers are dedicated to achieving carbon neutrality and actively involving all exhibitors and suppliers in this endeavor. The presentation was a collaborative effort between the Monaco Yacht Show and the auditing agency Nadeis, which supports the show in its sustainability initiatives.
Key points
Several key points were covered during the presentation. The introduction of the carbon neutrality transition plan revealed the show’s ambitious goal of reducing CO2 emissions by 60% by 2025 compared to 2022, aligning with Monaco’s aim to achieve carbon neutrality by 2050.
The presentation also delved into Phase One and discussed the approach and methodology used to calculate the show’s carbon footprint, with data collected from various stakeholders, including visitors, exhibitors, service providers, and yacht captains. Accurate data collection was emphasized as crucial for improving carbon footprint estimation.
The outlook for Phase Two and Phase Three unveiled the vision for the upcoming stages of the transition plan, focusing on measures to further reduce greenhouse gas emissions and promote sustainability.
The carbon footprint calculation for the Monaco Yacht Show revealed important data across three areas:
- Scope One: Direct emissions owned or controlled by the show, with the largest contribution coming from the refrigerants used in air-conditioning machines.
- Scope Two: Indirect emissions from electricity and water consumption, which were relatively low.
- Scope Three: Other indirect emissions from activities not owned or controlled by MYS, including exhibitors, suppliers, waste, and transportation. This scope had significant emissions, with notable contributions from exhibitors, visitors, waste, and service providers.
It was revealed that employees contributed one tonne, which is equivalent to 190 round trips from Paris to Bordeaux by train. Visitors generated 6,608 tonnes, equivalent to 6,600 round trips from Paris to New York by air (extrapolated data).
Waste was equivalent to five tonnes, or about 44,000 plastic cups. Service providers contribute 39 tonnes, equivalent to 741 years of power consumption of a TV (extrapolated data). Exhibitors generated 77 tonnes, equivalent to driving 620,000km in a diesel car (extrapolated data).
Next steps
The results underscored the need for comprehensive efforts to reduce emissions in all areas and promote sustainable practices and environmental responsibility throughout the Monaco Yacht Show.
The organizers stressed the importance of collaboration with partners, suppliers, and customers to reduce the show’s carbon footprint and waste, highlighting the benefits of calculating and managing the carbon footprint of events, including demonstrating commitment to addressing climate change and accessing new markets.
The Monaco Yacht Show’s commitment to sustainability extends to both event preparation and the four-day show itself. In 2022, the show introduced a Sustainability Hub to raise awareness and promote sustainable practices among exhibitors and visitors.
The 2023 Monaco Yacht Show is scheduled to take place in Port Hercule from September 27-30. It is expected to feature around 120 superyachts, including approximately 40 world premieres, and about 50 luxury tenders. The superyacht fleet will include vessels with an average length of 50 meters and megayachts exceeding 100 meters.
Source: Monaco Yacht Show
