We are a 100 % pure play company, solely operating in the industry for offshore wind. To date, we have installed more than 400 wind turbines, over 500 foundations, and have performed maintenance work on more than 40 offshore wind farms across Europe. For over 10 years, we have been a key supplier in the development of enough offshore wind energy to power more than 5.5 million European households.
As a maritime transportation company, we are fully aware of the impacts of our operations. We have high standards and ambitions when it comes to our environmental responsibility. By 2035, our goal is to operate a net zero business.
We are investing in greener design for our future vessels
Our new X-class vessels are designed to emit significantly less carbon per turbine installation than current industry standards. Among other things, we are introducing shore power connections, which are expected to reduce fuel consumption by up to 15 percent. Our new battery packs are designed to optimise our energy efficiency. Our fuel-efficient engines have the option to run partly on biofuels, and our vessels are designed with the option to be upgraded to use alternative renewable fuel sources.
We made the decision to invest in improved fuel tracking systems on Wind Orca and Wind Osprey as a major step towards reducing emissions from our existing fleet. This system should be installed by the end of 2022 and will enable us to track our fuel consumption more accurately, identify operational areas for improvements. Additional vessel upgrades focused on reducing environmental impact are also currently under evaluation.
Our operations should do no significant or lasting harm to the marine environment in which we operate. In 2021, we purchased no single-use water bottles for our vessels and installed D2-compliant ballast water treatment systems on board our vessels. These systems greatly reduce the risk of vessels introducing invasive aquatic species to new waters during exchange of ballast waters.
We support the Global Compact’s 10 principles and the 17 UN Sustainable Development Goals. Cadeler commits to integrating basic principles related to human rights, worker rights, environmental protection, and anti-corruption into our business practices. We have zero tolerance for corruption, bribery, human rights violations, and other unethical practices within our company and across our value chain. We aim to provide our employees with a working environment characterized by equal opportunity and zero tolerance for discrimination.
The health and safety of the people on board our vessels and in our offices is our utmost priority. Maintaining a safe work environment is not a simple task, as our primary operations take place in the harsh and ever-changing offshore environment. We continuously work to improve our health and safety processes to ensure our employees and project partners have a secure workspace. You can read more about this on our HSEQ page.