Carnival Corp Makes Major Sustainability Gains
Carnival Corporation released its sustainability report showing progress on reducing emissions and waste. The company achieved some of its 2030 environmental goals early and is on track to meet others. They are committed to becoming more sustainable and are considering setting even stricter goals in the future.
Carnival Corporation Achieves Key 2030 Goals in Advance
As outlined in the 2023 Sustainability Report, Carnival Corporation has reached several key 2030 environmental performance targets years ahead of time in its climate action and circular economy focus areas – major priorities in the company’s sustainability roadmap. For example, through decisive and longstanding climate action, the company is producing 10+% less absolute GHG emissions today than in 2011, its peak historical year, despite increasing capacity by roughly 30% since that time. Additionally, reinforcing a circular economy model has led to significant reductions in the volume and impact of waste produced overall. Highlights from the company’s 2023 report include:
- GHG Intensity: Tracking toward its 2030 goal four years ahead of schedule, the company formally committed to reducing its GHG intensity by at least 20% by 2026 (versus 2019 levels; measured on a lower berth capacity basis). The company expects this performance to put it ahead of the International Maritime Organization’s (IMO) 2030 carbon intensity reduction timeline.
- Shore Power: Surpassing its 2030 goal in 2023 – seven years early – the company now leads the industry with 64% of its fleet shore power-capable, meaning it has twice as many ships able to “plug in” than there are ports equipped to provide shore power. The company is now working closely with port authorities worldwide to foster increased adoption of this important technology.
- Particulate Matter: Recording a 68% reduction in absolute particulate matter emissions (versus the 2015 baseline), the company continued accelerating well beyond its 2030 goal to reduce particulate matter emissions by 50%.
- Food Waste: Achieving a 38% reduction in food waste per person (versus the 2019 baseline), the company came within two percentage points of reaching its 2025 goal to reduce food waste by 40% and continues efforts toward achieving its 50% food reduction goal by 2030.
- Single-Use Items: As of 2023, the company had cut down enormously on single-use items and plastics, eliminating ~500 million single-use items from the fleet by the end of last year (compared to 2018) – outpacing its 2030 50% reduction goal, which it initially surpassed in 2021, nine years early.
- Advanced Waste Water Treatment Systems: Finishing the year just a few points shy of its 2030 goal to outfit 75% of its fleet capacity with AWWTS, in 2023, the company had completed installation of systems covering 70% of the company’s fleet capacity, purifying even more water used onboard to municipal-water quality before releasing it back to nature.
On top of these highlights, Carnival Corporation is marching strongly toward meeting or exceeding its remaining 2030 climate action and circular economy goals. Important updates on the company’s liquefied natural gas (LNG) program, as well as its Advanced Air Quality Systems (AAQS), Air Lubrication Systems (ALS), and biofuels initiatives, and more, are available in the full report.
In addition, the company is also committed to inclusivity across its diverse global team of 160,000 strong, and fostering a positive workplace environment for all employees. As part of its sustainability strategy, it is also focused on promoting sustainable tourism and creating shared value, mutual growth and goodwill with its destination partners and the local communities it visits, as outlined in the report.
Carnival Corporation’s 2023 sustainability report was developed in accordance with the Global Reporting Initiative (GRI) Universal Standard 2021 and incorporates the company’s third annual disclosure in line with the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD). For more information on the company’s long-term sustainability vision and progress under its six focus areas – climate action; circular economy; sustainable tourism; good health and well-being; diversity, equity and inclusion; and biodiversity and conservation – visit Carnival Corporation’s dedicated report website, CarnivalSustainability.com.