Key highlights from the report include : 98 % of CEOs agree sustainability is core to their role ( up from 83 % in 2013 ) 63 % are launching new products and services for sustainability 55 % are enhancing sustainability data collection across their value chains 80 % of CEOs understand the impact their business has on biodiversity

Noted in the report , “ Businesses have the opportunity to not only build resilience , but also unlock growth by embracing sustainability .”

Yamaha has announced an updated XTO Offshore outboard which delivers 450 horsepower .

“ The XTO 450 allows boaters to enjoy the convenience and ease of operation associated with the XTO line – in addition to more torque and power ,” said Ben Speciale , President , Yamaha U . S . Marine Business Unit . “ In addition , Yamaha ’ s esteemed F200 and F150 DEC and Mechanical outboards now feature integrated electro-hydraulic steering for the 2.8L DEC models and integrated hydraulic steering for the 2.8L and 2.7L mechanical models . Helm Master EX also gets new features that take boat control to a new level in 2023 . In a nutshell , these new products all work to elevate boating experiences for customers .”

The Yamaha XTO Offshore 450 has a threephase , simultaneous charging system . New XTO EC propellers are now available for applications where propeller ventilation may be an issue due to the power and torque of XTO Offshore outboards . Yamaha also adds a 27-inch

pitch to its XTO OS line of propellers for lighter weight XTO applications .

UN releases Global Compact CEO Study

The UN Global Compact recently published a CEO study conducted by Accenture of more than 2,600 CEOs across a range of industries and geographies ( 128 countries ) about their attitudes and approaches to sustainability .

Nautical Ventures partners with electric boat manufacturer X-Shore Boats

Swedish boat builder , X-Shore Boats , whose groundbreaking innovations within the marine industry have also captured the attention from Florida based Nautical Ventures Group .

Nautical Ventures is no stranger to the electric boat world having had an electric boat and yacht toy division since 2016 . Playing off their signature color , Nautical Ventures has coined the phrase , “ Orange is the New Green .”

“ We are excited to bring the Swedish X- Shore brand with its reputation for quality and design to our markets ,” Nautical Ventures CEO , Roger Moore said . “ Our dealerships have built a reputation for launching innovative European boat lines into the U . S . market and we see the X-Shore brand dovetailing nicely with our current European boat lines .” Nautical Ventures will feature the X-Shore Eelex 8000 , and a host of other electric boats and yacht toys , at their electric boat pavilion during the 2023 Discover Boating Miami International Boat Show .

6 February 2023 www . boatingindustry . com