Norwegian Cruise Line Holdings releases ESG report 

Norwegian Cruise Line Holdings releases ESG report 

The wide-ranging report details work already undertaken and the company's future plans

Norwegian Cruise Line Holdings has published its 2021 Environmental, Social and Governance (ESG) Report, covering Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. 

The report covers “the five pillars” of the company’s global sustainability programme, Sail & Sustain, which include reducing environmental impact, sailing safely, empowering people, strengthening communities and operating with integrity and accountability. 

It outlines how Norwegian Cruise Line Holdings has committed to pursuing net zero greenhouse gas emissions by 2050 across its operations and value chain. It also explains that it is assessing the feasibility of retrofitting existing engines to operate with dual fuels – diesel and methanol – with the goal to test the use of methanol by 2025.

Norwegian Cruise Line Holdings also aims for approximately 70% of the company’s fleet to be equipped with shore power capabilities by 2025.

Detailing its commitment to diversity, equity and inclusion in the workplace, the report states that at the end of 2021 approximately 48% of the global shoreside manager and above team was female and approximately 49% of the US shoreside manager and above team self-identified as an under-represented minority.

As part of its supplier diversity program, the company estimates that approximately 39% of US supply chain spending in 2021 was with small businesses or businesses with minority, veteran or economically disadvantaged qualifications.

In 2021 it introduced a paid volunteer day for all US shoreside team members, and provided approximately $12 million in cash, cruise and other in-kind donations to various causes. A number of philanthropic initiatives were launched, including NCL’s Giving Joy campaign which donated cruises to hardworking teachers across the US and Canada.

Frank Del Rio, president and CEO of Norwegian Cruise Line Holdings said: “We are more focused now than ever on our commitment to drive a positive impact on society and the environment through our global sustainability program, Sail & Sustain. 

“The success of our business and our ability to deliver long-term value to our stakeholders is undeniably linked to the health of our planet, our people and the communities we visit worldwide.”

Read the 2021 ESG Report at http://nclhltd.com/sustainability.

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