Annual Report 2020/2021

Annual Report 2020/2021

While already well underway with our third year of activities, we are delighted to present our Annual Report for the second year of Water Revolution Foundation. The Annual Report 2020/21 will take you through the financial status of the foundation for our second year – which was extended from 12 to 18 months to align the financial and operational years – while highlighting the activities and accomplishments in that second year.

Third-year activities
In Year 3, we are continuing our progress of developing the basic tools the yachting sector needs in order to assess and compare its environmental impact, as well as reducing that impact through implementing verified sustainable solutions, while simultaneously reinvesting in ocean conservation. Our third year will see the Foundation complete various projects that are currently in development, and start translating them into concrete programmes for the various segments of our industry sector.


Read our Annual Report 2020/2021

The Superyacht Report: Crowdsourcing passage soundings

The Superyacht Report: Crowdsourcing passage soundings

Andrew Schofield, captain of M/Y White Rose of Drachs, explains why yachting can be front and centre in mapping and surveying the world’s oceans. Read more in the new issue of The Superyacht Report.

“We have spent the past three years developing the technology to allow survey grade data to be collected by all near coastal vessels. This technology was submitted to independent academic review and it is concluded that the system is ‘fit for purpose’.”

Read Andrew’s full column here.

First Annual Report

First Annual Report

Officially rounding off the year, our first annual report not only shows the financial status of the foundation, but also reports on the activities and accomplishments of our inaugural year. And, of course, it is digital-only to ensure that the foundation is doing what it can to reduce its own footprint.

Year two: sustainable solutions
Our second year of activities officially started on 1 July. In addition to the ongoing activities kicked off in the first year, the major deliverable for year two will be our database of sustainable solutions. The goal of this database is to collect sustainable solutions in one central open platform and share them with the superyacht industry to make everyone aware of these solutions, encouraging their adoption in both new build and refit projects. Solutions could also come from alternative materials, for example, in construction or interiors. The aim is to launch the infrastructure of this database at METSTRADE 2020, with a call to action to come forward to all suppliers who claim to have a sustainable solution. Our Yacht Assessment Tool enables us to verify whether a solution is indeed a sustainable one and therefore qualifies to be included in our database.

Read our First Annual Report.

The Superyacht Report: Why we need a code of conduct

The Superyacht Report: Why we need a code of conduct

Robert van Tol, executive director of Water Revolution Foundation, explains why the superyacht industry needs a code of conduct. If you’re not already familiar, a code of conduct sets out the rules and responsibilities of an individual or an organisation. The Code of Water Revolution Foundation is made up of 10 commitments. Read more in the new issue of The Superyacht Report.

“We’re stronger together but, individually, we each have the power to make a difference. That’s why our Code of Conduct confirms the collective approach but also sets out the influence and responsibility of individuals.”

Read Robert’s full column here.

The Superyacht Report: Taking an important measure

The Superyacht Report: Taking an important measure

Vienna Eleuteri, initiator of Water Revolution Foundation, discusses her work on the Yacht Assessment Tool, which has been designed to enable the superyacht industry to measure its environmental impact … and reduce it, in the new issue of The Superyacht Report.

“Our tool enables the superyacht industry to assess its environmental impact – not just the CO2 emission of a yacht’s operations but a full lifecycle assessment based on the 11 most important indicators of environmental impact.”

Read Vienna’s full column here.

The Superyacht Report: An urgency to act

The Superyacht Report: An urgency to act

Olivier Blanchet, head of private jet and yacht finance at BNP Paribas, talks in the new issue of The Superyacht Report about a major shift worldwide and the urgency for the industry to act right.

“With climate change and ocean pollution, it’s imperative for us to take action if the yachting industry wants to continue to move in the right direction.”

Read Olivier’s full column here.