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.