Norwegian Cruise Line Holdings (NCLH) has recently published its
annual Environmental, Social, and Governance (ESG) report, outlining the
progress made in its sustainability initiatives.
The report is part of the company's global sustainability program,
Sail & Sustain, and focuses on key areas such as Reducing
Environmental Impact, Sailing Safely, Strengthening Communities,
Empowering People, and Operating with Integrity and Accountability.
In the 2022 ESG report, Norwegian Cruise Line Holdings emphasises its
ambitious climate action strategy and targets for reducing greenhouse
gas (GHG) emissions. These targets include a 10% reduction in GHG
intensity by 2026 and a 25% reduction by 2030, measured against a 2019
baseline on a per Capacity Day basis.
The company is also actively exploring alternative fuel sources, such
as green methanol and biodiesel blends, to promote decarbonisation
within its fleet. Additionally, Norwegian Cruise Line Holdings has been
focusing on water stewardship, improving water production rates, and
implementing efforts to decrease water consumption across its fleet.
Sailing Safely is another important aspect covered in the report.
Norwegian Cruise Line Holdings has a comprehensive 24/7/365 public
health and safety programme in place, which surpasses regulatory
requirements. The company works closely with health authorities
worldwide to continuously improve policies and procedures related to
public health.
Empowering its workforce and fostering diversity and inclusion are
key priorities for Norwegian Cruise Line Holdings. The company has
expanded its employee benefits by introducing Family Care Benefits,
including fully paid maternity, paternity, and adoption leave. It also
strives to create a diverse workforce, with significant representation
of women in managerial positions.
Norwegian Cruise Line Holdings is also committed to giving back to
the communities. The company has donated over US$2 million to nonprofit
organisations globally, with a particular focus on disaster relief
efforts. It also supports educational initiatives and recognises top
educators through its Giving Joy program.
Norwegian Cruise Line Holdings has included ESG metrics in executive
compensation to ensure progress towards sustainability goals. It places a
strong emphasis on ethical conduct and maintains a diverse and
experienced board of directors.
By implementing impactful initiatives, the company aims to shape the
future of sustainable cruising and make a positive difference in the
industry.