Five Simple Steps To Carbon Offsetting
1. GHG Emissions Identification
Firstly, we work with you to identify the emission sources associated with your yachting activity. These include emissions such as Carbon Dioxide (CO2), Methane (CH4) and Nitrous Oxide (N2O) – collectively greenhouse gases (GHGs) – that are generated by fuel and power consumption, among other factors, and have detrimental effects on the environment.
Emission sources can include the fuel consumption of:
- Yacht motors, generators, tenders, and water toys
- Private jets and helicopters
- Flights of crew, guests, and employees
- Land-based travel of crew, guests, and employees
We also consider electricity consumption from yachts (shore power) and offices, accounting for corporate carbon footprints.
Our clients then specify the activity they wish to offset. Whether it’s a single yacht’s delivery, charter, or season, a particular event, or an annual carbon offset program for a yacht, yacht fleet, or corporate entity – the choice is yours.
Recognising the importance of privacy in the superyacht industry, we prioritise confidentiality. To complete our carbon emissions calculation, we request only minimal information, ensuring no need for sensitive details about yachts, owners, guests, or employees.
2. GHG Emission Calculation
Our specialised in-house tool calculates the greenhouse gas (GHG) emissions linked to your activity and determines the required carbon credits for offsetting. Next, we provide a no-obligation quote for arranging and certifying your carbon offset.
We offer invoicing in Euros, US Dollars, or UK Sterling, as needed. To establish the correct VAT status, we’ll require information about the paying customer’s registered business location and status (private/commercial).
Our process holds ISO9001 certification from LRQA.
3. Tailored Project Selection
Selecting the appropriate projects is a vital aspect of our service, and we are dedicated to identifying high-quality projects that align with our client’s preferences in terms of location and technology.
The carbon credit mechanism plays a pivotal role in providing essential financial support to projects focused on reducing greenhouse gas (GHG) emissions on a significant scale—these are carbon reduction projects. Without the backing of the carbon credit mechanism, these projects would not come to fruition. Predominantly situated in developing countries, our projects always positively impact local communities.
To ensure the highest standards, our carbon offset mechanism mandates that all carbon credits be issued through internationally recognised carbon registries and verified by independent certification bodies. Clients can choose carbon credits from reputable registries such as Gold Standard, Verified Carbon Standard, UNFCCC, and Plan Vivo.
Many of the carbon emission reduction projects we endorse fall under the category of Renewable Energy Projects. These encompass power plants generating energy through solar, wind, hydro, landfill gas, or biomass. Additionally, we prioritise Marine-Based Projects, such as our support for mangrove protection projects in Kenya.
Our selected projects span the globe. Greenhouse gases (GHGs) disperse globally in the atmosphere, making the location of emissions reduction irrelevant from a climate change perspective—the positive effect remains the same.
4. GHG Emissions Reduction Allocation
To complete your carbon offset transaction, we take the necessary steps to retire the required carbon credits from the chosen project within the relevant international carbon registry. This process involves attributing the emissions reduction achieved by the supported carbon reduction project directly to you, effectively neutralising your emissions on a one-to-one basis.
1 carbon credit offsets 1 tonne of greenhouse gas emissions
For maximum transparency, we also offer the option to add a public caption on the international carbon registry, outlining the purpose of the credit retirement. It’s important to note that we will proceed with the public statement only upon your approval, and this service may only be available for some carbon registries.
5. Certificate & Flag
We issue a personalised Yacht Carbon Offset Certificate for each transaction. Each certificate meticulously outlines the greenhouse gas (GHG) emission sources addressed and the chosen project responsible for the offset. The certificate information is adaptable to meet your specific requirements, allowing for minimal disclosure if desired.
Each Carbon Offset Certificate serves as a verifiable record subject to independent scrutiny. It can be seamlessly integrated into a vessel’s Ship Energy Efficiency Management Plan (SEEMP), providing a transparent and credible acknowledgement of carbon offset efforts.
Furthermore, the option to proudly display our Yacht Carbon Offset Flag is available for superyachts engaged in a routine carbon offset program.
Our services are confidential. However, upon request, we are more than willing to assist in promoting your commitment to carbon offsetting through a mutually agreed press release and tailored content for your website.