BENEFITS & COSTS
Reasons to submit your solutions
Having a verified sustainable solution included in our database of sustainable solutions and promoted to key decision makers will result in commercial benefits for the supplier. But that’s not all.
Promoted to key decision makers
Your solution will be listed in a public database and promoted to a wide audience of key decision makers, including yacht designers, new build and refit shipyards, project managers, owners representatives and captains. We envision the database becoming the leading point of reference for the superyacht industry to discover new solutions.
Use of Water Revolution Foundation’s verification stamp
Being able to prove to your stakeholders that your solution has been verified by an independent and science-driven foundation, with stringent methodological framework, showcases reliability and confirms your solution’s ability to reduce environmental impact. To help our suppliers demonstrate this, we have created the Water Revolution Foundation verification stamp. This can be used on your own website or promotional material, to showcase your solution’s effectiveness in reducing environmental impact. Use of the stamp is subject to terms and conditions and may need to be renewed on an annual basis
The value of the process
The verification process has significant value. Not only the feedback you will receive, including advice on how improvements could be made, but also the verification process itself. If your solution was to be assessed by a specialised agency or institution, the costs could easily add up to tens of thousands of euros. Here is why: in order to benchmark your solution against the ‘business as usual’, a large amount of data needs to be collected and assessed, before even being able to start assessing yours. This preparatory work is ongoing by Water Revolution Foundation as part of our Yacht Assessment Tool developments. We’re making these investments for the benefit of the industry so that we can assess all types of solutions.
Inclusion in our Yacht Assessment Tool
In addition to being included in our database, your solution will also be included in our Yacht Assessment Tool. This tool is based on computational sustainability, a cutting-edge sustainability approach, and functions as a decision support system. Your solution will be included as an alternative choice during the decision-making process when it comes to designing and building a new yacht or refitting an existing yacht when users are reviewing alternative, more sustainable solutions.
More benefits coming soon
And that’s not all. We believe that those who invest in a sustainable future deserve to be rewarded. Therefore, we are actively developing more incentives for suppliers of sustainable solutions. Expect to hear more about this in 2021.
The verification process is a collaboration. Time and data are required from companies when submitting their solution for verification. However, the biggest investment of time is on the side of Water Revolution Foundation.
Therefore, for the verification process we kindly request a participation fee of €2,500 per solution to cover a portion of our labour costs. Water Revolution Foundation wants to keep the barrier as low as possible and prefers that companies view the process as a collaborative relationship. For partners of the foundation, this verification process is free of cost.
Find out more about becoming a partner of Water Revolution Foundation
Discounted fee for early adopters
In order to encourage suppliers to submit their solutions, a reduced participation fee is offered to the first 20 companies who submit previously-verified solutions. A previously-verified solution is one that has been assessed by a research institution, university or expert and was found to have a quantifiable improvement compared to the category standard offering. Such a solution may already have a verification label or documentation that proves the results of the assessment. Note that all assessments, whether previously assessed or not, will still go through Water Revolution Foundation’s verification process.
The reduced participation fee is capped at one per company, so companies submitting multiple solutions are only eligible for one discount. Companies that submit their solutions first are eligible for a greater discount, with the 20 reduced participation fees allocated as follows:
- The first five companies (1-5) will receive a 40% discount;
- The next five companies (6-10) will receive a 30% discount;
- The next five companies (11-15) will receive a 20% discount;
- The next five companies (16-20) will receive a 10% discount.