For the users: The initiative seeks to significantly increase and facilitate access to environmental data (including Metocean Data) for free, by providing reliable access to the web portal. This data can be used to optimize drilling schedules, improve weather forecasting, understand the potential climate risks, and enhance navigation safety. Additionally, by sharing resources, companies can reduce costs associated with data acquisition and processing, leading to substantial savings. Furthermore, the initiative will strengthen partnerships and collaboration within the industry, fostering a more cohesive and supportive community.

For the contributors: Participating in the Ocean Data Sharing Initiative enhances your company’s ESG (Environmental Social and Governance) profile. By contributing to a non-profit project that prioritizes environmental protection and sustainable practices, your organization demonstrates a commitment to responsible governance and social responsibility. This can improve your brand reputation, attract socially conscious investors, and meet the growing demand for transparency and accountability in the industry.

The initiative aligns with several United Nations Sustainable Development Goals, including SDG 14 (Life Below Water) and SDG 13 (Climate Action).

By supporting this initiative, your organization contributes to global efforts to protect marine life, combat climate change, and promote sustainable industrial practices. This alignment not only enhances your corporate social responsibility efforts but also positions your company as a leader in sustainability.