Norwegian Cruise Line Holdings Ltd.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Community Investment
- Workforce Diversity and Inclusion
Environmental Achievements
- Set short- and near-term targets towards achieving net zero greenhouse gas (GHG) emissions by 2050, aiming for a 10% reduction of GHG intensity by 2026 and 25% by 2030 from a 2019 baseline, on a Capacity Day2 basis.
- 50% of fleet equipped for shore power, aiming for 70% by 2025.
- Successfully tested biofuel blends on over 20% of the fleet.
Social Achievements
- Donated $1 million and raised more through its network for community relief efforts.
- Military Appreciation Program provided exclusive discounts to 220,000 qualified military members.
- Giving Joy® program supported 3,400 teachers.
Governance Achievements
- Board of Directors is 50% diverse with three female directors and one director from an under-represented minority community.
- Established NCLH PRIDE for the LGBTQ+ community and a mentor group for working parents.
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050
Medium-term Goals:
- Reduce GHG intensity by 25% by 2030
Short-term Goals:
- Reduce GHG intensity by 10% by 2026
Environmental Challenges
- Inflation and supply chain disruptions.
- Climate change and related regulations.
- Global macroeconomic events impacting costs.
Mitigation Strategies
- Broad and ongoing effort to improve operating efficiencies and cost minimization initiatives.
- Implementing solutions for efficiency, innovation and collaboration in climate action strategy.
- Negotiating contracts with varying terms and diversifying sourcing options to mitigate inflation risks.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather, hurricanes
Transition Risks
- Regulatory changes, market shifts to alternative fuels
Opportunities
- Development of energy-efficient products and use of alternative fuels
Reporting Standards
Frameworks Used: SASB, TCFD
Certifications: ISO 14001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Forbes 2023 World’s Best Employers
- Newsweek 2024 America’s Greatest Workplaces for Diversity