By
Alex Smith |
Norwegian Cruise Line Holdings (NCLH) has published its 2021 Environmental, Social and Governance (ESG) Report and Sustainability Accounting Standards Board index as part of its global sustainability programme, Sail & Sustain.
The 2021 ESG Report highlights the cruise company’s advancements since its last published report and initiatives underway across the five pillars of its Sail & Sustain programme.
NCLH has committed to pursue net zero greenhouse gas emissions by 2050 across its operations and value chain, along with developing short- and near-term reduction targets. It also committed to offsetting three million tonnes of carbon dioxide equivalent over a three-year period as it explores long-term solutions, as well as establishing a target for approximately 70 per cent of the company’s fleet to be equipped with shore power capabilities by 2025.
In the ‘Sailing Safely’ pillar, the company has established the SailSAFE Global Health and Wellness Council for public health advice. Covering its aim of ‘Empowering People’, president and CEO of NLCH Frank Del Rio signed the CEO Action pledge for Diversity & Inclusion in March 2022 to strengthen the company’s commitment to diversity, and NLCH has invested nearly $1.5 million in office protocols to protect team members during the Covid-19 pandemic.
Norwegian has provided approximately $12 million in cash, cruise ad other in-kind donations to important causes in 2021 to meet its commitments for ‘Strengthening our Communities’. It has also launched philanthropic initiatives such as Norwegian Cruise Line’s Giving Joy Campaign for hardworking teachers, which proved free week-long cruises for two to 100 teachers across the USA and Canada.
To help ensure accountability in its efforts at board level, NLCH has established the Technology, Environmental, Safety and Security Committee, and has included an ESG metric as part of the company’s 2022 short-term incentive compensation programme.
“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,” said Frank Del Rio, president and CEO of Norwegian Cruise Line Holdings. “Our 2021 ESG Report highlights our progress and commitments on our top ESG priorities, providing critical transparency to our key stakeholders. We do not plan to stop here and we will continue to build upon our accomplishments to-date as we collectively chart a path towards a more sustainable future.”
Read the full 2021 ESG Report via Norwegian Cruise Line Holding’s website