Oceanco Joins Forces with the Yacht Club de Monaco for a Sustainable Future
Oceanco and the Yacht Club de Monaco have signed a nautical alliance to continue a meaningful culture of innovation, progress and sustainability in yachting. Both parties have already made distinct commitments to these values, and now they are joining forces as a way to accelerate their drive for positive change in the industry.
Nurturing a conscious community
The Yacht Club de Monaco is spearheading the Principality’s position as the Capital of Advanced Yachting, as announced by HSH Prince Albert II at the Monaco Ocean Week in March, and Oceanco has signed the Commitment Charter underlining its involvement in this ethical, collective approach to shaping a sustainable and innovative sector. Its La Belle Classe Academy training centre is dedicated to developing the next generation of yachting professionals, with a focus on responsible practices for people and planet. And in line with the UN’s Sustainable Development Goals, Monaco has pledged to reduce greenhouse gases by 55% by 2030 and to become carbon neutral by 2050.
Building for the future
Oceanco is actively taking responsibility for the future by making sustainable choices in its own business practices as well as those of the yachts it creates. Through its Oceanco NXT initiative, the company promotes options for alternative fuels, circular economy materials and more efficient operations on today’s existing yachts as well as those that have not yet been built. And within its own facilities, Oceanco has bold ambitions to more than halve its impact on the environment compared to the benchmark by 2030, aiming for 100% of its electricity usage to be supplied by renewable energy sources, while also becoming waste free or circular across the entire supply chain.
The Yacht Club de Monaco and Oceanco will join in supporting the upcoming Monaco Energy Boat Challenge (4-9 July), uniting projects focused on zero emission propulsion and sustainability. Organized within an exhibitors village open to the public, this international event which gathers universities and yachting professionals combines contests at sea with a technical component (conference day, Hydrogen Round Table, daily team Tech Talks) as well as the organization of a Job Forum, in the quest to support yachting’s future and attract new talents.
