Norwegian Cruise Line Holdings Ltd. launched its revamped climate action strategy along with short- and near-term greenhouse gas (“GHG”) targets to support the Company’s ambitious pursuit of net zero by 2050. Key components of the GHG reduction targets include reduction of GHG intensity by 10% by 2026 and 25% by 2030, compared to a 2019 baseline with intensity measured on a per Capacity Day basis.
The targets cover the Company’s emissions from its fleet of ships, islands and facilities (Scopes 1 & 2) as well as upstream fuel- and energy-related activities, including well-to-tank emissions (portion of Scope 3). As such, the targets will capture the full well-to-wake emissions impact of the Company’s fuel consumption. Interim targets provide a roadmap to support the Company’s existing net zero by 2050 ambition. The scope of this commitment expands to the Company’s entire greenhouse gas footprint, including its vast network of suppliers and partners across its value chain.
“We are proud to further refine and strengthen our climate action strategy and commitments including by setting milestone GHG intensity reduction targets which will guide us on our ambitious pursuit of net zero by 2050,” said Harry Sommer, President and Chief Executive Officer-elect of Norwegian Cruise Line Holdings Ltd.
“Every aspect of our business from shoreside to shipboard is responsible for doing their part to design, deliver and demonstrate results for decarbonization and our Board of Directors has reinforced this expectation by establishing shared accountability and tying incentives for our entire management team to this critical effort. We also recently took an important step forward on our pursuit of net zero by announcing the modification of two of our future Prima Class newbuilds to accommodate the use of green methanol in the future.”
Sommer continued, “We are also activating and mobilizing our full network of team members, ports and destinations, suppliers and partners, and guests to act now and join us on this transformative journey, further amplifying the efforts we could achieve on our own.”
Norwegian Cruise Line Holdings Ltd. Charts Path Towards Net Zero Greenhouse
