Burgess and Water Revolution Foundation Partner to Promote Sustainable Yacht Operations
Water Revolution Foundation receives partnership from Burgess for mutual environmental endeavors
In a significant move towards a greener future, luxury yacht brokerage firm Burgess has announced a new partnership with the Water Revolution Foundation, the superyacht industry's leading platform for ocean stewardship. This collaboration is aimed at reducing the environmental impact of the superyacht industry and championing sustainable business practices.
The Ocean Assist Programme
At the heart of this partnership is the Ocean Assist Programme, the only blue economy investment mechanism specifically designed for superyachts and the businesses that form the yachting industry. This programme goes beyond 'offsets' and directs funds to urgent marine restoration projects, making it a critical step towards the superyacht industry's net-zero goal.
Collaborative Efforts for a Sustainable Future
The partnership between Burgess and the Water Revolution Foundation focuses on practical measures to promote sustainable yacht operations and mitigate environmental impact. Burgess is supporting the development of the Yacht Environmental Transparency Index (YETI), a tool designed to assess the environmental lifecycle of energy carriers used in yachts. Ed Beckett, Senior Partner, Naval Architect, and Head of Semi-Custom Yachting at Burgess, leads the feedback from operational, technical, and new construction teams for YETI.
A Step Towards a More Sustainable Future
The units from the Ocean Assist Programme can be used in official sustainability reporting, further incentivizing the industry to adopt sustainable practices. Burgess, with its extensive network and influence, is actively working towards reducing the environmental impact of the superyacht industry and looks forward to supporting the rollout of the Ocean Assist Programme among its community.
The Importance of Sustainable Seas and YETI
The Water Revolution Foundation's initiatives, including the Sustainable Seas program and YETI, contribute significantly to reducing the environmental impact of the superyacht industry. The Sustainable Seas program, an evolution of the Environmental Crew Guidelines, provides a practical framework for more sustainable yacht operations through Burgess yacht management software. YETI offers a data-driven approach to evaluate and improve the environmental performance of yachts, providing actionable insights for sustainable operations.
The Road to Net-Zero Emissions
By setting high standards for environmental performance and validating sustainable solutions, these initiatives support the industry's broader goal of achieving net-zero emissions by 2050. The collaboration with Burgess is a significant step for the Water Revolution Foundation in achieving its mission to safeguard the ocean and neutralise the superyacht industry's environmental footprint.
Established in 2018, the Water Revolution Foundation is a testament to the growing commitment of the superyacht industry towards sustainability. With partnerships like this, the future of yachting is looking greener and more sustainable.
- Burgess is supporting the development of the Yacht Environmental Transparency Index (YETI), a tool designed to assess the environmental lifecycle of energy carriers used in yachts, in collaboration with the Water Revolution Foundation.
- The Ocean Assist Programme, a blue economy investment mechanism specifically designed for superyachts and the businesses that form the yachting industry, is central to the partnership between Burgess and the Water Revolution Foundation.
- Ed Beckett, Senior Partner, Naval Architect, and Head of Semi-Custom Yachting at Burgess, leads the feedback from operational, technical, and new construction teams for YETI.
- The Water Revolution Foundation's initiatives, such as the Sustainable Seas program and YETI, are significant contributors to reducing the environmental impact of the superyacht industry, with YETI offering a data-driven approach to evaluating and improving the environmental performance of yachts.
