Count the concierge and marine-agency service firm BWA Yachting among the many yacht-industry businesses striving for environmental consciousness. It’s offering its clients the chance to offset emissions from their fuel consumption by subsidizing one of a few greenhouse-gas-reduction programs worldwide.
BWA Yachting is doing so with the help of Yacht Carbon Offset, which targets the megayacht market. Several offset programs exist, but BWA Yachting selected Yacht Carbon Offset for its knowledge of this industry and particularly its Lloyds Register Quality Assurance (LRQA) certification. LRQA provides many services, with its climate-change assistance ensuring that a company’s sustainability strategies are trustworthy and comply with recognized mechanisms like the Kyoto Protocol. It also ensures that the emissions claims are verifiable and accurate.
Yacht Carbon Offset offers carbon credits benefiting seven projects in six countries. They range from Brazil to Russia, but all are focused on green energy, like wind farms and geothermal power. The company determines exactly how many credits are needed to purchase by calculating the emissions from a superyacht’s engines, gensets, watertoys, tenders, and even the helicopter. Each credit represents 1 ton of carbon dioxide.
BWA Yachting is in good company working with Yacht Carbon Offset. Curvelle, International Yacht Collection, PrivatSea, and VSY-Viareggio Superyachts are among the others associated with it. Even the Mediterranean Yacht Brokers Association partnered with Yacht Carbon Offset for its annual charter show in Genoa, Italy, this week. The companies collaborated to determine how much electricity would be consumed during the show and selected a project in Nicaragua to balance the emissions.