Carnival Corporation & plc, the world's largest cruise company, released its 13th annual sustainability report titled "Sustainable from Ship to Shore." The report details the company's industry-leading initiatives and momentum across environmental, social, and governance focus areas. It also describes the progress made by the company toward its aspirations of carbon-neutral operations by 2050 and a circular economy model focused on waste reduction, recycling, and management.
The company remained focused on sustainability as almost 100% of its full fleet returned to guest cruise operations in 2022, making major strides toward its 2030 goals and setting the pace with industrywide leadership in pursuing carbon-neutral operations by 2050.
Decarbonization Pathway:
Carnival Corporation remains the only major cruise operator producing fewer greenhouse gas (GHG) emissions today than in 2011, despite adding substantial guest capacity to its fleet since that time. The company is on track to achieve a 40% reduction in carbon intensity by 2030 (vs. 2008), and a 20% reduction in carbon intensity by 2030 vs. 2019, resulting from strong momentum in its four-part decarbonization strategy: fleet optimization; energy efficiency; itinerary efficiency; and new technologies and alternative fuels. Collectively, these strategic initiatives are expected to drive a 15% reduction in fuel consumption per available lower berth day (ALBD) in 2023, along with a 15% reduction in emissions per ALBD, both relative to 2019.
Contributing to Circular Economy:
Carnival Corporation has continued optimizing its circular economy model to use fewer resources, produce less waste, and maximize recycling. In 2022, the company achieved more than 30% per-passenger food waste reduction and installed over 600 food biodigesters on ships to break down and liquify uneaten food and sustainably return it to nature. The company also installed more than 25 food dehydrators across the fleet to remove excess water from leftover food, reducing waste volume by upwards of 90%.
Advancements in Decarbonization Pathway:
Carnival Corporation is investing in energy-efficient solutions such as Service Power Packages and Shore Power to reduce emissions and noise in port. The company is leading the industry in new fuel propulsion with eight LNG-capable ships in service with three more on order to account for 20% of fleet capacity by 2025. Carnival Corporation is piloting the world's largest ever battery installation on a passenger ship and pioneering a new generation of power in the industry with fuel cell technology using methanol-derived hydrogen. The company is also leading the industry in piloting biofuels as a replacement for fossil fuel with successful trials on AIDAprima and Holland America Line's Volendam.
Key Takeaways:
Carnival Corporation's 13th annual sustainability report highlights the company's continued strong environmental performance and decarbonization momentum.
The company remains focused on its aspirations of carbon-neutral operations by 2050 and a circular economy model focused on waste reduction, recycling, and management.
The company is investing in new technologies and alternative fuels, including Liquefied Natural Gas (LNG), batteries and fuel cells, and biofuels.
Carnival Corporation is optimizing its circular economy model to use fewer resources, produce less waste, and maximize recycling.
