SailGP has revealed details of its climate transition plan in the league’s second annual Purpose and Impact Report.
Released earlier this month, the report highlights the successes and challenges the league has faced as it targets sustainable growth. The report spans the entirety of SailGP’s 11-event third season, from Bermuda’s season opener to the Grand Final in San Francisco.
Included in the report is the league’s climate transition plan, which has been developed under the guidance of the Intergovenmental Panel on Climate Change (IPCC). The plan aims to assess the huge risk more severe weather and climate events pose to the operation of the league, as well as how the league can continue to thrive as a net zero business.
The plan, which has become embedded at the heart of SailGP, demonstrates how the league aims to become more resilient to climate impacts as an organization, and how the business model will succeed in a low-carbon economy.
Informed by the latest climate science and socio-economic trends, the plan takes into account the day-to-day realities of SailGP’s operation and aims to be both forward-looking and responsive to cope with the increase in climate change impacts.
To ensure the league is kept to account, the plan sets time-sensitive climate goals, such as a 55% reduction in carbon emissions by 2025 and a long term target to hit net zero by 2040. The Purpose and Impact Report also outlines a target for 100% of event operations powered by clean energy by 2025.
Progress is revised on a season-by-season basis and the plan is updated annually with key stakeholders to ensure SailGP stays on track.
The full Season 3 Purpose and Impact Report can be found HERE.