Carnival Corporation Announces Initial 2030 Sustainability Goals

MIAMI, June 22, 2021 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL NYSE: CUK), the world’s major cruise enterprise, nowadays announced its preliminary set of 2030 sustainability aims, as section of the firm’s ongoing motivation to sustainability and compliance during its world operations.

Adhering to the achievement of its 2020 sustainability aims, Carnival Corporation has recognized new sustainability plans for 2030 and aspirations for 2050, incorporating six vital target places that precisely align with some of the United Nations’ Sustainable Development Plans. These places include things like: climate action circular overall economy (squander reduction) sustainable tourism well being and nicely-becoming diversity, fairness and inclusion (DEI) and biodiversity and conservation.

In-depth beneath, Carnival Company is asserting a number of new targets, targets and aspirations for 2030 and outside of for two of its 6 target spots that will manual its actions to even more reinforce its environmental, social and governance performance. Carnival Corporation’s sustainability commitments below the weather action and round overall economy emphasis places consist of:

Local weather Motion:

• Reach a 40{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} reduction in carbon level for every out there reduce berth working day by 2030, relative to a 2008 baseline.
• Confirmation that the enterprise peaked its complete carbon emissions in 2011, despite an around 20{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} capability maximize concerning 2011 and today with an supplemental 19{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} potential enhance on order, and a determination to proceed to minimize emissions over time, and establish a pathway to decarbonization.
• Grow its different fuels approach across its liquefied natural gasoline (LNG) software and battery, fuel mobile and biofuel capabilities.
• Produce a 50{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} reduction in absolute air emissions of particulate issue by 2030 relative to a 2015 baseline, irrespective of an about 10{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} potential improve given that 2015 and the added 19{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} potential raise on purchase.
• Maximize fleetwide shore electricity relationship capacity to at the very least 60{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} of the fleet by 2030.
• Accomplish internet carbon neutral functions by 2050.

Circular Financial state:

• Realize 50{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} reduction in single-use plastic merchandise by the conclude of 2021, relative to a 2018 baseline.
• Attain 30{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} for every capita food items waste reduction by 2022 and 50{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} by 2030, relative to a 2019 baseline.
• Maximize fleetwide protection of Sophisticated Waste H2o Therapy Systems to at the very least 75{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} by 2030.
• Aspire to create zero emissions ships by 2050.

Carnival Company will detail more 2030 sustainability ambitions and 2050 aspirations covering all 6 of its aim locations in its 2020 Sustainability Report to be issued later this summertime.

“At Carnival Company, our maximum responsibility and top rated priorities are always compliance, environmental safety, and the overall health, safety and well-being of our visitors, the individuals in the communities we touch and provide, and our shipboard and shoreside personnel,” said Arnold Donald, CEO of Carnival Company. “The 2030 targets and our aspirations for 2050 are an critical upcoming action in our sustainability journey and help our attempts to establish a route to zero emission cruising around time.”

Extra Invoice Burke, chief maritime officer for Carnival Corporation: “Our new 2030 sustainability ambitions display our ongoing motivation to ingraining sustainability in all areas of our operations across our 9 brand names, while giving us clear, measurable targets and metrics to enhance our overall performance and over-all efficiency across our shoreside and shipboard functions.”

The new established of 2030 sustainability targets and 2050 aspirations construct on the momentum of the firm’s effectiveness relative to its 2020 sustainability ambitions, which had been attained and in some circumstances surpassed in 2019, a comprehensive year ahead of agenda. As the enterprise proceeds to function toward the wide restart of visitor cruise operations, it is preserving its concentration on its environmental, social and governance general performance, together with ongoing progress on its sustainability efforts via the pause in guest cruise operations.

As part of its strategic approach for carbon footprint reduction, the corporation qualified prospects the cruise industry’s use of LNG to electric power cruise ships with a total of 11 future-era cruise ships that will have joined the fleet by 2025, which will depict approximately 20{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} of its overall capacity, which include 4 ships presently in operation. The business also pioneered the use of Innovative Air Top quality Programs on board its ships and is advertising the use of shore electricity, enabling ships to use shoreside electric powered ability wherever obtainable even though in port.

In addition, the business has implemented broad initiatives to optimize onboard energy use, and progressive hull patterns and coatings to lessen fuel use by minimizing frictional drag, together with trialing impressive technologies for producing electrical power on cruise ships, which include battery ability and gas cells.

These efforts, along with a collection of other individuals underway, assist and fortify Carnival Corporation’s extensive-term determination to sustainability, responsible operations and shielding the ecosystem, as outlined in its 2030 sustainability aims and 2050 aspirations. Additional information and facts on Carnival Corporation’s sustainability endeavours is obtainable at www.carnivalsustainability.com.

Cautionary Be aware Concerning Factors That May Affect Long run Outcomes
Some of the statements, estimates or projections contained in this doc are “ahead-hunting statements” that require dangers, uncertainties and assumptions with respect to us, which include some statements regarding our 2030 sustainability targets and 2050 aspirations. These statements are intended to qualify for the risk-free harbors from legal responsibility provided by Area 27A of the Securities Act of 1933 and Area 21E of the Securities Trade Act of 1934, as amended. All statements other than statements of historic points are statements that could be deemed forward-searching. These statements are centered on current expectations, estimates, forecasts and projections about our business enterprise and the business in which we run and the beliefs and assumptions of our management. We have tried out, when doable, to discover these statements by using words and phrases like “will,” “may possibly,” “could,” “should,” “would,” “feel,” “is dependent,” “expect,” “purpose,” “foresee,” “forecast,” “challenge,” “potential,” “intend,” “system,” “estimate,” “goal,” “indicate,” “outlook,” and related expressions of potential intent or the destructive of such phrases.

For the reason that forward-searching statements require dangers and uncertainties, there are a lot of things that could result in our precise final results, performance or achievements to differ materially from these expressed or implied by our ahead-on the lookout statements. This be aware contains vital cautionary statements of the identified variables that we contemplate could materially have an affect on the precision of our forward-wanting statements and adversely have an affect on our 2030 sustainability targets and 2050 aspirations.  This sort of risks, uncertainties and factors involve the risk things discussed in Product 1A of our most new Annual Report on Kind 10-K and subsequent quarterly experiences on Form 10-Q filed with the Securities and Exchange Commission (“SEC“).

Forward-on the lookout statements must not be relied upon as a prediction of precise outcomes. Topic to any continuing obligations beneath applicable law or any relevant inventory exchange procedures, we expressly disclaim any obligation to disseminate, following the date of this document, any updates or revisions to any these kinds of forward-on the lookout statements to reflect any improve in anticipations or events, situations or circumstances on which any these kinds of statements are primarily based.

About Carnival Company & plc
Carnival Company & plc is one particular of the world’s biggest leisure journey firms with a portfolio of 9 of the world’s top cruise traces sailing to all 7 continents. With functions in North America, Australia, Europe and Asia, its portfolio features Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (Uk) and Cunard.

Additional information and facts can be uncovered 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 information:http://www.prnewswire.com/information-releases/carnival-company-announces-preliminary-2030-sustainability-objectives-301317408.html

Supply Carnival Company & plc

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