Norwegian Cruise Line Holdings Ltd., the cruise company that operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, has announced its new climate change strategy, along with its new short- and medium-term targets to reduce greenhouse gas (“GHG”) emissions, in order to support the company’s goal of achieving net-zero emissions by 2050.
These actions reflect the company's strong commitment to reducing carbon emissions as part of its global sustainability program, "Sail & Sustain," with the following new targets:
● Reduce GHG intensity by 10% by 2026 and by 25% by 2030, compared to 2019 levels.
● The targets cover emissions from the fleet of ships, islands, and facilities (Scopes 1 and 2), as well as all activities related to fuel and energy use, including well-to-wheel emissions (part of Scope 3).
● The short-term targets establish an action plan to support the company's current ambition to achieve net zero by 2050.
“We are proud to continue improving and strengthening our strategy and commitments to action against climate change, including setting GHG reduction targets that will serve as the foundation for our fight to achieve net-zero emissions by 2050,” said Harry Sommer, president and chief executive-elect of Norwegian Cruise Line Holdings Ltd.
Sommer elaborates: “We are also activating and mobilizing our entire network of team members, ports and destinations, suppliers and partners, as well as the guests themselves, to take action now and embark with us on this transformative journey, to further amplify the results we could each achieve on our own.”
The new strategy for action against climate change is fundamentally focused on three pillars: Efficiency, Innovation and Collaboration.
Efficiency
The company is focused on optimizing the performance of its current fleet to directly impact onboard energy consumption and greenhouse gas emissions, as well as fuel savings. Significant operational changes require data, training, and accountability, so the company is also investing in internal systems and processes that enable both company members and guests to use the ships with maximum efficiency.
Innovation
The company is constantly innovating to develop new technologies and long-term solutions, including those that enable operation with environmentally friendly fuels. Since 2022, the company has successfully completed biofuel blend trials on various ships and has announced its intention to modify the last two ships of the Prima Class, scheduled for construction in 2027 and 2028, so that they can use green methanol as an alternative fuel in the future.
Collaboration
The path to “net zero” is complicated and will require significant collaboration from the company’s entire network of stakeholders, including suppliers, communities, governments and NGOs, to establish collective partnerships and find solutions to combat climate change.
