Annual Sustainability Report 2022

Foreword

By Jean-Marc Bolinger MB92 Group CEO A closer look

The past year has been marked by a significant rise in energy prices, impacting businesses and consumers worldwide. Concurrently, the United Nations has issued alarming warnings regarding the lack of progress in combating climate change. These developments have accelerated the urgent need for a transition to sustainable and secure energy systems, as well as a more efficient utilisation of resources.

As an industry, we bear a responsibility to leverage our influence and pioneer technologies to make a meaningful positive impact. Maintaining the status quo is not an option; our livelihoods and the industry as a whole depend on our proactive actions.

We have an opportunity in front of us and we remain as committed to delivering our mandate as ever.

At MB92 Group, we have dedicated significant focus to energy efficiency best practices and have made good progress this year in line with the goals set forth in our 5-Year Sustainability Plan, launched in 2021. Notably, we have surpassed our projections in reducing energy consumption for heating projects, which represents one of the largest energy-consuming aspects of our operations.

Moreover, we have diligently addressed the issue of wastage at our facilities. Our target was to improve standard waste segregation and disposal by 5% compared to 2021. We are pleased to report that we have surpassed this target, achieving a remarkable 22% improvement over the previous year.

Specific measures have been implemented to enhance the reusability of high usage items like plastic coverings for paint works and protective panelling for maintaining yacht integrity during work. We are encouraged by the progress made in assessing alternatives, improving reusability, and determining appropriate disposal methods. Trial results will guide our future course of action.

Furthermore, our commitment to digitalisation remains unwavering. In 2022, we successfully implemented an integrated management program that significantly reduced paper and email wastage across the entire MB92 Group. This step towards digitalisation has streamlined our processes and improved efficiency.