Carnival Corporation Announces Initial 2030 Sustainability Goals

MIAMI, June 22, 2021 /PRNewswire/ — Carnival Company & plc (NYSE/LSE: CCL NYSE: CUK), the world’s major cruise business, currently announced its first established of 2030 sustainability ambitions, as section of the company’s ongoing dedication to sustainability and compliance all through its world wide operations.

Adhering to the accomplishment of its 2020 sustainability targets, Carnival Corporation has established new sustainability targets for 2030 and aspirations for 2050, incorporating six important aim places that especially align with some of the United Nations’ Sustainable Development Objectives. These regions consist of: climate action circular financial state (squander reduction) sustainable tourism overall health and perfectly-being diversity, fairness and inclusion (DEI) and biodiversity and conservation.

Comprehensive underneath, Carnival Company is asserting numerous new targets, targets and aspirations for 2030 and over and above for two of its 6 concentrate parts that will information its steps to even further improve its environmental, social and governance effectiveness. Carnival Corporation’s sustainability commitments under the climate action and circular economic climate emphasis spots include things like:

Weather Action:

  • Achieve a 40% reduction in carbon price for each readily available reduce berth day by 2030, relative to a 2008 baseline.
  • Affirmation that the corporation peaked its complete carbon emissions in 2011, inspite of an roughly 20% capability enhance between 2011 and these days with an further 19% capability increase on order, and a commitment to keep on to lower emissions around time, and establish a pathway to decarbonization.
  • Expand its option fuels technique throughout its liquefied purely natural fuel (LNG) program and battery, fuel cell and biofuel abilities.
  • Provide a 50% reduction in absolute air emissions of particulate matter by 2030 relative to a 2015 baseline, even with an above 10% ability enhance considering that 2015 and the additional 19% ability maximize on order.
  • Enhance fleetwide shore ability relationship functionality to at minimum 60% of the fleet by 2030.
  • Reach web carbon neutral functions by 2050.

Circular Overall economy:

  • Reach 50% reduction in one-use plastic things by the stop of 2021, relative to a 2018 baseline.
  • Achieve 30% for each capita meals squander reduction by 2022 and 50% by 2030, relative to a 2019 baseline.
  • Improve fleetwide coverage of Advanced Waste Water Remedy Units to at minimum 75% by 2030.
  • Aspire to build zero emissions ships by 2050.

Carnival Corporation will detail more 2030 sustainability goals and 2050 aspirations masking all six of its concentrate locations in its 2020 Sustainability Report to be issued afterwards this summertime.

At Carnival Company, our greatest duty and top rated priorities are often compliance, environmental protection, and the health, protection and very well-becoming of our friends, the folks in the communities we contact and serve, and our shipboard and shoreside personnel,” said Arnold Donald, CEO of Carnival Company. “The 2030 ambitions and our aspirations for 2050 are an crucial future phase in our sustainability journey and guidance our attempts to build a route to zero emission cruising over time.”

Additional Bill Burke, chief maritime officer for Carnival Corporation: “Our new 2030 sustainability aims demonstrate our ongoing dedication to ingraining sustainability in all aspects of our functions across our 9 makes, whilst giving us obvious, measurable targets and metrics to strengthen our functionality and overall effectiveness across our shoreside and shipboard functions.”

The new set of 2030 sustainability targets and 2050 aspirations make on the momentum of the firm’s performance relative to its 2020 sustainability goals, which had been achieved and in some situations surpassed in 2019, a complete year ahead of routine. As the enterprise carries on to get the job done toward the broad restart of visitor cruise functions, it is protecting its target on its environmental, social and governance functionality, which includes continued progress on its sustainability efforts by way of the pause in visitor cruise operations.

As element of its strategic plan for carbon footprint reduction, the enterprise qualified prospects the cruise industry’s use of LNG to energy cruise ships with a whole of 11 upcoming-era cruise ships that will have joined the fleet via 2025, which will stand for practically 20% of its whole potential, like four ships by now in procedure. The corporation also pioneered the use of Advanced Air High-quality Methods on board its ships and is marketing the use of shore electricity, enabling ships to use shoreside electrical ability wherever out there whilst in port.

In addition, the company has applied broad initiatives to improve onboard energy use, and revolutionary hull layouts and coatings to lower fuel intake by minimizing frictional drag, along with trialing innovative technologies for creating electricity on cruise ships, which includes battery energy and fuel cells.

These initiatives, together with a series of other individuals underway, guidance and bolster Carnival Corporation’s lengthy-expression dedication to sustainability, responsible operations and guarding the natural environment, as outlined in its 2030 sustainability targets and 2050 aspirations. Additional info on Carnival Corporation’s sustainability initiatives is readily available at www.carnivalsustainability.com.

Cautionary Take note Concerning Things That Might Impact Foreseeable future Success
Some of the statements, estimates or projections contained in this document are “ahead-seeking statements” that contain hazards, uncertainties and assumptions with regard to us, which include some statements regarding our 2030 sustainability targets and 2050 aspirations. These statements are intended to qualify for the protected harbors from legal responsibility offered by Area 27A of the Securities Act of 1933 and Area 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historic info are statements that could be considered ahead-seeking. These statements are based on latest expectations, estimates, forecasts and projections about our business and the sector in which we operate and the beliefs and assumptions of our administration. We have tried, when possible, to detect these statements by applying terms like “will,” “may well,” “could,” “should,” “would,” “believe,” “relies upon,” “assume,” “purpose,” “anticipate,” “forecast,” “project,” “foreseeable future,” “intend,” “prepare,” “estimate,” “target,” “show,” “outlook,” and similar expressions of upcoming intent or the damaging of this sort of phrases.

Due to the fact ahead-searching statements entail threats and uncertainties, there are many aspects that could bring about our real outcomes, effectiveness or achievements to differ materially from those people expressed or implied by our ahead-looking statements. This notice contains vital cautionary statements of the known aspects that we look at could materially affect the precision of our forward-seeking statements and adversely have an effect on our 2030 sustainability targets and 2050 aspirations.  These types of dangers, uncertainties and components incorporate the chance variables reviewed in Merchandise 1A of our most new Once-a-year Report on Kind 10-K and subsequent quarterly stories on Sort 10-Q submitted with the Securities and Trade Fee (“SEC“).

Ahead-seeking statements should not be relied on as a prediction of genuine results. Subject matter to any continuing obligations below applicable legislation or any suitable stock exchange policies, we expressly disclaim any obligation to disseminate, after the day of this document, any updates or revisions to any these kinds of forward-seeking statements to mirror any adjust in expectations or events, conditions or instances on which any these kinds of statements are based.

About Carnival Corporation & plc
Carnival Corporation & plc is just one of the world’s major leisure travel businesses with a portfolio of nine of the world’s major cruise lines sailing to all seven continents. With operations in North The united states, Australia, Europe and Asia, its portfolio characteristics Carnival Cruise Line, Princess Cruises, Holland The us Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (Uk) and Cunard.

Additional information and facts can be observed on www.carnivalcorp.com, www.carnival.com, www.princess.com, www.hollandamerica.com, www.seabourn.com, www.pocruises.com.au, www.costacruise.com, www.aida.de, www.pocruises.com and www.cunard.com.

Perspective initial content material:http://www.prnewswire.com/news-releases/carnival-corporation-announces-initial-2030-sustainability-goals-301317408.html

Source Carnival Company & plc

Carnival Company Media Contacts: Roger Frizzell, Carnival Corporation, [email protected], (305) 406-7862, or Mike Flanagan, LDWW, [email protected], (727) 452-4538

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