On the first day of summer 2023, the Monaco Yacht Show (MYS) hosted a webinar exclusively for exhibitors and show suppliers to discuss its Carbon Neutrality Transition Plan. The presentation emphasized the show’s unwavering commitment to sustainability and its on-going efforts to minimize its environmental impact. 

The MYS aims to reduce CO2 emissions by 60% by 2025 compared to 2022. It aligns with the Principality of Monaco’s low-carbon trajectory, aiming to achieve carbon neutrality by 2050.

The presentation discussed the approach and methodology used to calculate the carbon footprint of the show. Data collection at last year’s MYS was conducted from various stakeholders, including visitors, exhibitors, service providers, and yacht captains. Accurate data collection is crucial for improving carbon footprint estimation.

The MYS unveiled its vision for the next stages of the transition plan, focusing on future measures and upcoming initiatives to further reduce greenhouse gas emissions and promote sustainability.

It emphasized the importance of collaboration with partners, suppliers, and customers to reduce its carbon footprint and waste. It highlighted the benefits of calculating and managing the carbon footprint of events, such as demonstrating commitment to climate change and accessing new markets. The show’s commitment to sustainability extends to both the preparation of the event and the 4-day show itself. It featured a Sustainability Hub in the 2022 edition, aiming to raise awareness and promote sustainable practices among exhibitors and visitors.