We are committed to sustainability and ensuring we play our part in protecting the environment for future generations.
Creating our third annual sustainability report has given us the opportunity to reflect on the progress we've made and the work that still lies ahead. Sustainability is not a destination or a one-time initiative. It is an ongoing commitment that shapes how we innovate, operate, and support the marine community.
Over the past 100 years, our connection to the marine environment has inspired us to develop technologies that help people explore, navigate and work on the water with confidence. Today, that same responsibility drives our commitment to creating a more sustainable future.
At the heart of our mission lies a dedication to accountability and responsibility. We pledge to hold ourselves accountable to the marine community and our journey will be guided by three core values; preserving marine life, access for all and innovating for the future.
We recognise the essential role water plays in sustaining both marine and human life. Our goal is to ensure that our actions contribute to the health and vitality of marine ecosystems.
We are committed to fostering a safe and inclusive environment for current and future generations to enjoy the water and the marine industry.
Everyone should have the opportunity to experience the joy of boating without compromising the environment.
We thrive on innovation, constantly seeking new ideas, products, partnerships, and ways of working that set new standards for sustainability in the industry.
Our aim is to inspire others to follow in our wake as we lead by example.
Our passage to sustainability is a continuous journey. As we progress, our goals and actions will continue to evolve, reflecting what we learn and where we can make the greatest impact. Staying true to our commitment means measuring our progress, being transparent about challenges, and continuously improving the way we operate.
By sharing our achievements, lessons learned and future priorities, we hold ourselves accountable to our customers, stakeholders and communities. This transparency helps ensure we remain focused on delivering meaningful and lasting change.
Together with the boating community, our customers and partners, we will continue to innovate for the future, collaborate across our industry and help protect the waters we all depend on. Our destination remains the same: a more sustainable future for boating and the marine environment
EcoVadis is a globally recognised assessment platform that evaluates businesses across four key areas: environmental impact, labour and human rights, ethics, and sustainable procurement.
Through EcoVadis, Raymarine can assess, monitor and continuously improve our sustainability performance while promoting transparency and accountability across our operations. As part of our third annual assessment, we improved our EcoVadis score from 68 to 73, marking a third consecutive year of progress. Despite a more demanding assessment framework, we retained our Silver Medal and remained within the top 15% of all rated companies, demonstrating our ongoing commitment to strengthening environmental, social and governance practices.
Sustainability requires accountability, action and transparency. Raymarine's ISO 14001:2015 certification demonstrates our commitment to continuously improving environmental performance through a recognised environmental management framework. By embedding environmental considerations into our operations and decision-making, we are taking measurable steps towards a more sustainable future for our business, our customers and the marine industry.
While there is still plenty of work to be done, we are proud of the milestones we have already achieved. Here are just a few examples.
* Scope 1: Direct emissions from owned or directly controlled sources. Scope 2: Indirect emissions from the generation of purchased energy.
Our Annual Sustainability Report details our goals and performance against them. These include:
Find out more about our goals and targets for our passage to sustainability.
