World's largest cruise company releases annual
report detailing its global sustainability performance and
progress, including surpassing several sustainability goals well in
advance
MIAMI, April 10,
2024 /PRNewswire/ -- Carnival Corporation & plc
(NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company,
today released its 14th annual sustainability report
detailing meaningful progress in its six sustainability focus
areas, including toward its highest-priority goals supporting
climate action to reduce greenhouse gas (GHG) emissions and
promoting a circular economy model to reduce waste. The company
achieved several 2030 environmental goals well in advance and is
tracking ahead of schedule on a number of other key targets,
including GHG intensity reductions. Details are outlined in the
full report, titled "Sustainable from Ship to Shore," and available
on the company's website at www.CarnivalSustainability.com.
"Thanks to our 160,000 remarkable team members who show up every
day with passion and dedication, 2023 was a year of significant
accomplishments across the board," said Josh Weinstein, CEO and chief climate officer
for Carnival Corporation. "We achieved record-breaking financial
performance, welcomed three stunning new ships, expanded our global
presence to over 800 incredible destinations and communities, and
delivered unforgettable happiness to 12.5 million guests by
providing them with extraordinary cruise vacations."
Added Weinstein: "We also demonstrated our continued commitment
to leading the way in making cruising more sustainable, marked by
amazing progress toward reaching – and in many cases, exceeding –
our vital 2030 environmental performance targets. Since we're so
aggressively tracking toward all our 2030 sustainability goals,
we're evaluating new interim targets along our pursuit of net zero
GHG emissions by 2050."
Carnival Corporation Achieves Key 2030 Goals in
Advance
As outlined in the 2023 Sustainability Report,
Carnival Corporation has reached several key 2030 environmental
performance targets years ahead of time in its climate action and
circular economy focus areas – major priorities in the company's
sustainability roadmap. For example, through decisive and
longstanding climate action, the company is producing 10+% less
absolute GHG emissions today than in 2011, its peak historical
year, despite increasing capacity by roughly 30% since that time.
Additionally, reinforcing a circular economy model has led to
significant reductions in the volume and impact of waste produced
overall. Highlights from the company's 2023 report include:
- GHG Intensity: Tracking toward its 2030 goal four years
ahead of schedule, the company formally committed to reducing
its GHG intensity by at least 20% by 2026 (versus 2019 levels;
measured on a lower berth capacity basis). The company expects this
performance to put it ahead of the International Maritime
Organization's (IMO) 2030 carbon intensity reduction timeline.
- Shore Power: Surpassing its 2030 goal in 2023 – seven
years early – the company now leads the industry with 64% of its
fleet shore power-capable, meaning it has twice as many ships
able to "plug in" than there are ports equipped to provide shore
power. The company is now working closely with port authorities
worldwide to foster increased adoption of this important
technology.
- Particulate Matter: Recording a 68% reduction in
absolute particulate matter emissions (versus the 2015
baseline), the company continued accelerating well beyond its 2030
goal to reduce particulate matter emissions by 50%.
- Food Waste: Achieving a 38% reduction in food waste
per person (versus the 2019 baseline), the company came within
two percentage points of reaching its 2025 goal to reduce food
waste by 40% and continues efforts toward achieving its 50% food
reduction goal by 2030.
- Single-Use Items: As of 2023, the company had cut
down enormously on single-use items and plastics, eliminating ~500
million single-use items from the fleet by the end of last year
(compared to 2018) – outpacing its 2030 50% reduction goal, which
it initially surpassed in 2021, nine years early.
- Advanced Waste Water Treatment Systems: Finishing the
year just a few points shy of its 2030 goal to outfit 75% of its
fleet capacity with AWWTS, in 2023, the company had completed
installation of systems covering 70% of the company's fleet
capacity, purifying even more water used onboard to
municipal-water quality before releasing it back to nature.
On top of these highlights, Carnival Corporation is marching
strongly toward meeting or exceeding its remaining 2030 climate
action and circular economy goals. Important updates on the
company's liquefied natural gas (LNG) program, as well as its
Advanced Air Quality Systems (AAQS), Air Lubrication Systems (ALS),
and biofuels initiatives, and more, are available in the full
report.
In addition, the company is also committed to inclusivity across
its diverse global team of 160,000 strong, and fostering a positive
workplace environment for all employees. As part of its
sustainability strategy, it is also focused on promoting
sustainable tourism and creating shared value, mutual growth and
goodwill with its destination partners and the local communities it
visits, as outlined in the report.
Carnival Corporation's 2023 sustainability report was developed
in accordance with the Global Reporting Initiative (GRI) Universal
Standard 2021 and incorporates the company's third annual
disclosure in line with the Sustainability Accounting Standards
Board (SASB) and the Task Force on Climate-Related Financial
Disclosures (TCFD). For more information on the company's long-term
sustainability vision and progress under its six focus areas –
climate action; circular economy; sustainable tourism; good health
and well-being; diversity, equity and inclusion; and biodiversity
and conservation – visit Carnival Corporation's dedicated report
website, CarnivalSustainability.com.
About Carnival Corporation & plc
Carnival Corporation & plc is the largest global cruise
company, and among the largest leisure travel companies, with a
portfolio of world-class cruise lines – AIDA Cruises, Carnival
Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O
Cruises (Australia), P&O
Cruises (UK), Princess Cruises, and Seabourn.
Additional information can be found on www.carnivalcorp.com,
www.aida.de, www.carnival.com, www.costacruise.com, www.cunard.com,
www.hollandamerica.com, www.pocruises.com.au, www.pocruises.com,
www.princess.com, and www.seabourn.com.
For information on Carnival Corporation's industry-leading
sustainability initiatives, visit
www.carnivalsustainability.com.
This release includes claims related to our
greenhouse gas emissions reductions, goals, initiatives,
accomplishments, and progress reports. Supporting data for such
greenhouse gas emissions claims, including data verification
information, is published in our Sustainability Reports
on carnivalcorp.com/sustainability on an annual
basis.
Editors' Note:
An executive summary of the company's
2023 Sustainability Report is available here.
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SOURCE Carnival Corporation & plc