Yachting News » Business » Fraser Signs Monaco Capital of Advanced Yachting Commitment Charter

Fraser Signs Monaco Capital of Advanced Yachting Commitment Charter

Fraser is proud to be among the first to sign the Commitment Charter of the new Monaco Capital of Advanced Yachting initiative. 

The mission of the initiative, which is spearheaded by the Yacht Club de Monaco and supported by HSH Prince Albert II, is to share with the world the many initiatives and actions that Monaco is putting in place to lead the way in making a difference in innovative and sustainable yachting. 

In signing this historic charter, Fraser undertakes to adhere to the concrete objectives of sustainable development established by the UN, and to respect and ensure:

  • That the ten UN principles for human rights, labour, environment, and anti-corruption are enacted and honoured.

  • Compliance with the requirements of environmental law.

  • The guarantee of fundamental human rights per the Universal Declaration of Human Rights.

  • That Fraser rejects discrimination in particular regarding gender, disability, family situation, sexual preferences, age, political & philosophical opinions, religious beliefs, trade union activity, social/cultural or national origins

Fraser CEO Raphael Sauleau signed the Charter in April 2022.

Raphael commented: “It was a great honour to be invited by the Yacht Club de Monaco to be among the first companies to sign this historic initiative. Building on the success of our FUTURE (Fraser Unites To Universally Respect the Environment) initiative, my team and I remain as passionate as ever about preserving the environment and oceans we live and work on for future generations. We look forward to working alongside like-minded companies who share this passion, to ensure Monaco is placed at the forefront of sustainability, now and for the future.”

Claudia Batthyany, Monaco Capital of Advanced Yachting Project Manager commented: ‘‘Facing the climate emergency with a special focus on the preservation of the oceans, we must look to the future by promoting responsible yachting, whether it be environmentally, socially, educationally or economically. As international competition intensifies, an ambitious programme such as this can only be achieved if it has the support of the economic actors and the population. Projects have been launched, but we need to do more by forming a solid local base made up of players from the industry, institutions, associations, and organisations that are closely or remotely involved with yachting. For this purpose, we are very happy to have Fraser among our founding members of the collective brand Monaco Capital of Advanced Yachting. Sustainable development is not a constraint, but a lever that can improve the resilience of the sector, create economic value and contribute to a healthy ecosystem and a strong community.’’

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