Ocean Power Technologies | Sustainability

Sustainability

More than 70% of our planet is covered in water, yet we know less about our oceans than we know about some planets.

At OPT, we believe that climate change and natural resource depletion are having a fundamental impact on our societies today and could have an irreversible impact on the future.

Therefore, understanding our oceans and safeguarding the resources contained within, above, and below them requires autonomous and clean energy resources.

The “Blue Economy” impacts all of us, and at OPT we are proud to be innovating and working to deliver solutions that help manage its impact. Our current and planned solutions are ideally suited to enable our customers to lower their cost and carbon emissions that are associated with offshore defense and security and ocean energy production.

OPT’s focus is on delivering products and solutions geared towards marine data, power, and services, with an emphasis on sustainability, protection of our ocean resources and being a key contributor towards improving the Blue Economy.

Building on our long history of innovation, OPT is proud to support the United Nations’ Decade of Ocean Science for Sustainable Development. The global initiative emphasizes the use of science and research to reinforce efforts to reverse the deterioration in ocean health and OPT is well positioned to contribute to these important efforts. In addition , the Company’s products and solutions support Sustainable Development Goal 14 (Goal 14 or SDG 14) which aims to protect and ensure “life below water” and is one of the 17 Sustainable Development Goals established by the United Nations in 2015. The Company’s product & services align with this goal by offering a means to mitigate IUU fishing, collecting ocean data to support climate science research, and removing carbon emitting energy sources from our oceans.