(1) Anna Poberezhna discusses effective innovations with positive impact and sustainability in the superyacht industry. (2) She outlines the urgency of addressing climate change based on UN reports and presents a sustainability check of key issues like carbon emissions, food waste, and forest degradation. (3) Poberezhna proposes ways for the superyacht industry to become more sustainable through practices like using alternative materials, sustainably sourced wood, and onboard recycling as well as collaborating across industries.
6. 11 Years Left to revert Catastrophe of Climate Change
(UN, March 2019)
2030 not 2050
7. § Global carbon emissions they aren’t falling at all; they were up 1.7% in 2018 /
are at an all-time high (The Renewables Global Status Report, June 2019 ).
§ Every year 1.3 billion tons of food waste vs 2 billion people in hunger &
malnutrition (UN, March 2019)
§ Global temperature to rise 2% = loss of Maldives coral reefs, threatening the
very existence of the country. (UN, March 2019)
§ Timber, used for construction or high-end products linked to forest
degradation. Degraded forests are more likely to be targeted for conversion
to other land uses (ucsusa.org).
Sustainability Check
11. ● Banning diesel cars by 2030 (Ireland)
● Net-zero emissions by 2035 and carbon-negative country by 2050 (EU.
● Green certification of financial instruments, liquid and assets
● Mandatory transparency in supply chains (commodity trading, Extractive
Industries Transparency Initiative)
● Green Climate Fund commitment of $100 billion in climate funding by
2020
There is hope but there is no Planet B
https://www.un.org/press/en/2019/ga12131.doc.htm
19. Superyacht math
§ €1m = 1 meter of superyacht (<60m long)
§ €30k /€15k /€6k+ (FT) = 1sq.m of design
Price = Value
https://www.ft.com/content/3671a802-912a-11e6-a72e-b428cb934b78 / http://www.heidismarketnews.com/news/2017/5/23/convert-between-square-feet-and-acres
https://www.agrifarming.in/teak-wood-farming-project-report-cost-and-profit
Sustainability math
§ €1 = 1 teak tree
§ €500 or 500 trees incl. costs = 1 ac plantation
27. #3 Cross-Industry collaboration
§ Amsterdam Schiphol Airport: 99% recyclable baggage belts & benches made of elephant grass.
§ A Rotterdam cycle path is made of 100% recycled asphalt.
28.
29. Innovation is the Means, Not an End in Itself
§ Alternative energy & fuel
§ Battery storage
§ Onboard waste & water recycling
§ Recycled or syntheic wood & plastic
§ Sustainably sourced materials
§ Alternative materials (aluminium, carbon fibre, velour)
32. Green Yachts: A New Asset Class?
Risks are catalysts of change:
§ Environmental risks
§ Financial risks
§ Reputational risks
§ Legislative and regulatory pressure
§ Young generation pressure and actions
33. Agents of Change
KPMG 2016: Carrots Sticks Global trends in sustainability reporting regulation and policy