Climate Change Data

TradeWinds

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Sustainable Tourism

Environmental Achievements

  • Launched AURORA, the first 100% electric propulsion yacht, as the first phase in replacing the existing hydrocarbon-fueled yachts over the next decade.
  • Developed partnerships with Fountaine Pajot and EODev to integrate renewable energy and hydrogen power technology into new yachts.
  • Reduced single-use plastics, implemented efficient menu planning to minimize food waste, and utilized solar power and water-conserving systems on yachts.

Social Achievements

  • Supported various reef recovery organizations, coral nurseries, and restoration activities.
  • Encouraged eco-friendly economies by supporting local farmers, food producers, and entrepreneurs.
  • Employs opportunities for teams to work remotely and initiated paperless offices.

Governance Achievements

  • Commitment to various UN Sustainable Development Goals (SDGs), particularly SDG 14: Life Below Water.
  • Collaboration with Fountaine Pajot and EODev to develop sustainable technologies and practices.

Climate Goals & Targets

Medium-term Goals:
  • To have a fully emission-free fleet within 10 years.
Short-term Goals:
  • To have second and third sustainable yachts arrive soon after AURORA.

Environmental Challenges

  • High energy consumption of air conditioning on yachts.
  • Need to balance minimizing environmental impact with offering luxury experiences.
  • Limited availability of green hydrogen refueling facilities.
Mitigation Strategies
  • Encouraging guests to utilize natural breezes and set cabin thermostats for energy optimization.
  • Using Percale sheets for better breathability and comfort at ideal temperatures.
  • Utilizing a combination of renewable energy sources and hydrogen power where available.

Supply Chain Management

Responsible Procurement
  • Responsibly sourced uniforms, merchandising products, and accessories from eco-friendly suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN SDGs

UN Sustainable Development Goals

  • SDG 7 (Affordable and Clean Energy)
  • SDG 13 (Climate Action)
  • SDG 14 (Life Below Water)
  • SDG 17 (Partnerships for the Goals)

TradeWinds' initiatives align with these SDGs through the adoption of renewable energy, reduction of carbon emissions, ocean conservation efforts, and collaborative partnerships.

Sustainable Products & Innovation

  • AURORA and TWENTY5 electric yachts