MYS goes green with new plan to reduce 60% emissions by 2025

The Monaco Yacht Show (MYS) has unveiled a “Carbon Neutrality Transition Plan” in three phases with the goal of reducing its current carbon emissions by 60% by 2025. This initiative aims to promote energy efficiency and decarbonization practices across the industry while aligning with Monaco’s “net zero by 2050” objective.

In the first phase of the plan, MYS collaborated with auditing agency Nadeis to assess its carbon footprint accurately. Custom questionnaires were created for visitors, exhibitors, service providers, and yacht captains, resulting in data that shed light on the environmental impact of the show, including transportation, goods brought by exhibitors, and fuel consumption by attending yachts.

Based on this data, the organizers identified three emission categories for future reduction efforts: “direct emissions” controlled by the show itself (e.g., air-conditioning refrigerants), “indirect emissions” from electricity consumption, and “other indirect emissions” related to MYS activities but originating from sources beyond the show’s control (e.g., emissions from waste treatment).

Phases two and three of the plan focus on developing measures to reduce emissions in each category. Initial ideas include recycling rental assets, using eco-friendly signage, and minimizing waste per visitor.

The organizers emphasized the need for comprehensive efforts to reduce emissions in all areas and promote sustainability and environmental responsibility throughout the Monaco Yacht Show, both in the event’s preparation and during the four-day show itself.

As part of its sustainability initiatives, the MYS introduced a “Sustainability Hub” at the 2022 event, showcasing companies offering sustainable technologies to reduce the yachting industry’s environmental impact. The show also featured an impressive lineup of superyachts, including the 115-meter Lady Jorgia (formerly Ahpo), making it the largest yacht ever displayed at Port Hercule during the show.

Source: Monaco Yacht Show