Climate Change Data

Environmental Metrics

ESG Focus Areas

• Safety, Security, and Health
• Environment
• Community
• Employees

Environmental Achievements

• Reduced fuel consumption by 3.2% (exceeded 2% goal)
• Reduced refrigerant releases by 5% (met goal)
• Reduced GHG emission rate by 11% (2011-2013)
• Reduced total GHG emissions by 7% (2010-2013)
• Reduced NOx emissions by 10% since 2010
• Reduced SOx emissions by nearly 30% since 2010
• Reduced particulate matter emissions by nearly 8% since 2010
• Reduced releases of refrigerant gases by 12% (2010-2013)
• Reduced releases of ozone-depleting substances by 70% (2010-2013)

Social Achievements

• Launched diversity initiative for shoreside employees
• Contributed $13.6 million in cash and in-kind donations to nonprofits (2010-2013)
• Offered more than 2,100 reduced-fare cruises and nearly 400 free cruises to nonprofits (2010-2013)
• Hosted 80 shipboard events for nonprofits (2010-2013)
• Established the Cruising to Success Youth Scholarship Program
• Improved hand-washing pilot program resulting in a 44% decrease in reportable acute gastrointestinal illness cases on the ms Veendam

Governance Achievements

• Implemented updated security policy and optimized security quality assessment procedure
• Adapted SMS to align with Carnival Corporation's HESS management system
• Adapted EMS to align with Carnival Corporation's HESS management system
• Received Ethics Inside® certification and named to Ethisphere’s list of the World’s Most Ethical Companies®

Climate Goals & Targets

Environmental Challenges

• Fluctuating global economy
• Rising fuel prices
• Political volatility in some operating regions
• Regulatory changes
• Increasing fleet size impacting normalized indicators

Mitigation Strategies

• Maintained excellent safety record
• Improved fuel efficiency, greenhouse gas emissions, and recycling
• Expanded employee development, community giving, and volunteerism efforts
• Organizational restructuring initiatives and acquisitions
• Normalized indicators to account for fleet growth and itinerary changes

Supply Chain Management

Supplier Audits: Regular audits of employment agencies

Responsible Procurement

• Sustainable seafood sourcing, ISO 22000 and HACCP compliance for food supplies

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI G3.1 Guidelines

Certifications: ISO 14001

Third-party Assurance: Lloyd’s Register Quality Assurance Inc. (LRQA) for GHG emissions

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• World’s Leading Green Cruise Line (2010), Marine Environmental Business of the Year (2010), Rear Admiral William M. Benkert Gold Environmental Protection Award (2012), Green Gateway Award (2012), Sustainable Tourism Award (2013), Ocean Stewardship and Sustainability Award (2013)

Environmental Metrics

ESG Focus Areas

• Safety, Security, and Health
• Environment
• Community
• Employees

Environmental Achievements

• Improved average VSP score to 97.4% (exceeded target of 97.0%)
• Decreased fuel consumption rate by 2.2% (exceeded target of -2%)
• Increased recycling by 6.3% (exceeded target of +5%)
• Reduced GHG emissions rate (normalized for ship capacity and distance traveled) by 15.9% between 2011 and 2015
• Reduced NOx emissions rate by 16.5% since 2011
• Reduced SOx emissions rate by over 36% since 2011
• Reduced particulate matter emission rate by 15% since 2010
• Decreased releases of refrigerant gases by 21.7% between 2011 and 2015; 100% decrease in releases of ozone-depleting substance (ODS) gases

Social Achievements

• Contributed $8.5 million in cash and in-kind donations to nonprofit organizations
• Offered close to 3,200 reduced-fare cruises and nearly 580 free cruises to nonprofit organizations (total value of $14 million)
• Hosted 129 shipboard events, hosting more than 21,000 guests and contributing over $2.1 million to important causes
• Raised more than $4.4 million for cancer support through the On Deck for a Cause™ program
• Provided $15,000 for relief efforts in Nepal after the earthquake
• Delivered supplies to Vanuatu after Cyclone Pam

Governance Achievements

• Updated Corporate Health, Environment, Safety, and Security ‘HESS’ Policy Statement in 2014
• Developed a Near-Miss Reporting program in 2014 and further developed it in 2015
• Updated a significant number of SMS policies and procedures in 2015
• Released Business Partner Code of Conduct and Ethics in 2014
• Received the Green Gateway Award from the Port of Seattle, the Blue Circle Award from Port Metro Vancouver, and the Rear Admiral William M. Benkert Environmental Protection Award from the U.S. Coast Guard

Climate Goals & Targets

Environmental Challenges

• Fluctuating global economy and fuel prices
• Political volatility in some operating regions
• Regulatory changes
• intense competition for skilled labor in the maritime industry

Mitigation Strategies

• Operational adjustments to accommodate shifting business climate
• Investment in Exhaust Gas Cleaning Systems (EGCSs) to meet low sulfur fuel requirements cost-effectively
• Building relationships with top naval schools and merchant marine academies to recruit strong candidates
• Partnering with employment agencies certified in line with the Maritime Labour Convention (MLC) 2006 and performing regular audits

Supply Chain Management

Supplier Audits: Regular supplier visits for special projects or when purchases reach certain thresholds; audits of employment agencies.

Responsible Procurement

• Business Partner Code of Conduct and Ethics
• Reputational research and vetting process for vendors
• Transition to reusable plastic pallets

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Regulatory changes (e.g., fuel sulfur requirements)
• Economic impacts of fuel costs

Opportunities

• Fuel efficiency improvements
• Investment in new technologies (e.g., EGCSs)

Reporting Standards

Frameworks Used: GRI G4 Guidelines

Certifications: ISO 14001

Third-party Assurance: Lloyd’s Register Quality Assurance, Inc. (LRQA) (for GHG emissions)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Green Gateway Award (Port of Seattle)
• Blue Circle Award (Port Metro Vancouver)
• Rear Admiral William M. Benkert Environmental Protection Award (U.S. Coast Guard)
• Business of the Year (Greater Seattle Business Association)
• Sparkie Award (United Way of King County)