In his ESG report 2021 Norwegian Cruise Line Holdings (NCLH) Highlights main advances since its last publication, as well as the important initiatives underway across the five pillars of his Sail & Sustain program.
First pillar: reducing the environmental impact. Norwegian is committed to achieving thegoal of zero greenhouse gas emissions by 2050 in all of its activities and its value chain. In addition, the company promised to offset 3 million metric tons of carbon dioxide equivalent (MTCO2e) over a three-year period, from 2021 to 2023. The Group also aims toequip 70% of its fleet with shore power capacity by 2025by connecting to terrestrial electrical networks, and finally, water is saved and self-managed.
Norwegian Cruise Line named one of the “World’s Best Employers” in 2021
Second pillar: safe navigation. NCLH reinforces its commitment to health and safety with its SailSAFE programwhich includes new protocols against COVID-19. In this regard, a council of public health experts has been set up and the company has invested nearly $1.5 million in health protocols.
Third pillar: the empowerment of people. Norwegian Cruise Line makes every effort to maximize diversity, equity and inclusion in the workplace. For example, at the end of 2021, approximately 48% of the global leadership team and senior executives were women. In the same vein, a new resource group for team members in 2022 which focuses on the diversity in leadership for executives and superiors, EMBRACESwas launched.
A structure to oversee and accelerate environmental progress
Fourth pillar: strengthening ties with communities. A paid volunteer day is offered to all Norwegian Ground Crew members in the United States since 2021 for support community engagement efforts. About $12 million were paid in cash, cruises and other in-kind donations in 2021 to various important causes by the company. Norwegian Cruise Line Holdings has also activated a company crew relief fund and provides a permanent logistical support for the Ukrainians.
Fifth Pillar: Operating with Integrity and Accountability. Norwegian Cruise Line Holdings suffered from a ESG monitoring at board level with the technology, environment, safety and security committee. The company has also included a ESG (Environmental, Social and Governance) measurement linked to progress made in setting greenhouse gas reduction targetsand created a formal governance structure to oversee and accelerate environmental progress.