Carnival Corporation Announces Significant Sustainability Achievements
Carnival Carnival (US:CCL) Prnewswire·2024-04-10 13:15

Sustainability Performance - The company released its 14th annual sustainability report, detailing progress in six focus areas, including climate action and circular economy [1] - Several 2030 environmental goals were achieved ahead of schedule, including GHG intensity reductions and waste reduction [1] - The company is tracking ahead of schedule on key targets, such as reducing GHG intensity by at least 20% by 2026 (vs 2019 levels) [3] - The company has reduced absolute GHG emissions by over 10% since 2011, despite increasing capacity by roughly 30% [3] Environmental Achievements - The company surpassed its 2030 shore power goal in 2023, with 64% of its fleet now shore power-capable [3] - Particulate matter emissions were reduced by 68% (vs 2015 baseline), exceeding the 2030 goal of 50% reduction [3] - Food waste per person was reduced by 38% (vs 2019 baseline), nearing the 2025 goal of 40% reduction [3] - The company eliminated approximately 500 million single-use items from its fleet by 2023, surpassing its 2030 goal nine years early [3] - Advanced Waste Water Treatment Systems (AWWTS) were installed on 70% of the fleet capacity, close to the 2030 goal of 75% [3] Strategic Initiatives - The company is evaluating new interim targets on its path to achieving net zero GHG emissions by 2050 [2] - The company is working closely with port authorities worldwide to increase adoption of shore power technology [3] - The company is advancing initiatives in LNG, Advanced Air Quality Systems (AAQS), Air Lubrication Systems (ALS), and biofuels [4] Corporate and Social Responsibility - The company is committed to inclusivity and fostering a positive workplace environment for its 160,000 employees [5] - The company promotes sustainable tourism and creates shared value with destination partners and local communities [5] - The 2023 sustainability report aligns with GRI Universal Standard 2021, SASB, and TCFD frameworks [6] Company Overview - Carnival Corporation & plc is the world's largest cruise company, operating a portfolio of nine world-class cruise lines [7] - The company is among the largest leisure travel companies globally [7]