Norwegian Cruise Line has published its 2022 Environmental, Social and Governance (ESG) report and Sustainability Accounting Standards Board (SASB) index documenting the company's progress on sustainability initiatives.
The report highlights the pillars of the shipping company's sustainability program: reducing environmental impact, ensuring safety at sea, strengthening its communities, empowering people, and operating with integrity and responsibility.
“We recognize the need for businesses to take action to help address global challenges, including climate change and sustainability, and at Norwegian Cruise Line Holdings we are committed to doing our part by operating in a way that is socially responsible, environmentally sound, and drives a positive impact on society,” said Harry Sommer, Chairman and CEO-elect of Norwegian Cruise Line Holdings. “Our Sail and Sustain program is key to driving our business forward: it goes hand in hand with delivering long-term value for the company and its stakeholders.”
“Over the past year, we continued to make significant progress with new targets and initiatives across our Sail and Sustain focus areas as we help chart a path toward a more sustainable future,” said Jessica John, Vice President of ESG, Investor Relations, and Corporate Communications at Norwegian Cruise Line Holdings. “This year’s report highlights not only these advancements but also our commitment to increasing and strengthening our disclosures each year to provide our stakeholders with critical transparency.”
Highlights of 2022 include:
- A climate action strategy to reduce greenhouse gas emissions.
- New vessels prepared for methanol production to be delivered in 2027 and 2028.
- Focus on improving water production rates.
- Biodiesel fuel tests.
- Investment in onshore energy.
- Continuing education and training in public health.
- Prioritize safety and security efforts.
- Promote an inclusive workforce where diverse backgrounds are represented and empowered.
- Training and development opportunities for all staff.
- Promote a culture of ethical conduct.
