The Roadmap 2050: refit Sector Targets
Upcoming webinar: Register your interest
Register your interest to join our upcoming webinar and be part of this vital journey.
The Roadmap to 2050 is designed to serve as a compass for navigating uncharted waters—together. It outlines a collective, coordinated approach with quantified goals that engage and empower every stakeholder in the yachting industry. By committing to this roadmap, yachting companies can future-proof their operations, not only advancing decarbonisation but also moving towards a regenerative future.
2025
10 largest refit yards select KPIs to annually submit energy, waste and water use
2030
Emissions from energy: -30%, emissions from waste: -20% and emissions from water: -20%
2035
Emissions from energy: -53%, emissions from waste: -40% and emissions from water: -40%
2040
Emissions from energy: -72%, emissions from waste: -60% and emissions from water: -60%
2045
Emissions from energy: -87%, emissions from waste: -80% and emissions from water: -80%
2050
Emissions from energy: -100%, emissions from waste: -100% and emissions from water: -100%
Sector specific targets: Refit
Two-third of the existing fleet was built in the last 25 years. Meaning that a growing wave of yachts is reaching an age that calls for a significant refit.
With the fleet continuing to grow, the refit sector will follow suit. This means that the activities will increase, and therefore the energy, waste and water, while the impact needs to be reduced towards zero.
Apart from the aging, yachts need class surveys every 5 years, which mostly provides for a refit opportunity.
The collective path forward
To effectively track progress, yachting needs a centralised, standardised data monitoring system.
This system should be designed for collective benefit—allowing participants to track their own progress, benchmark it against their peer group and as such contribute to monitor the overall sector trajectory toward net-zero.
Selecting the right KPIs, determining the scope for the data submission to enable comparison, utilising existing sources, and setup a frequent data collection mechanism for monitoring is what needs to happen within 2025 with a critical mass of industry players.