Norwegian Cruise Line Holdings adopts climate action strategy to reach carbon neutrality

Commits to offset three million metric tonnes of greenhouse gasoline emissions in excess of 3 many years to bridge gaps in decarbonisation initiatives.

NORWEGIAN Cruise Line Holdings (Norwegian), which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises manufacturers, is having motion from weather modify with the improvement of a extensive-phrase weather action approach and purpose to achieve carbon neutrality.

It aims to do this by means of minimizing carbon intensity, identifying and investing in technology which include checking out different fuels, and implementing a voluntary carbon offset programme.

Norwegian has also introduced the Sail & Maintain setting programme as part of its concentration on combating weather adjust, and signed  he Cruise Traces International Association (CLIA) determination to reduce the carbon emissions amount field-wide by 40{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} by 2030 from a 2008 baseline.

“We take weather improve extremely significantly and have proactively produced a extended-term strategy with an formidable objective of reaching carbon neutrality through three motion areas such as reducing carbon intensity, pinpointing and investing in engineering and applying a carbon offset programme,” said Frank Del Rio, Norwegian’s president and main government officer.

“Our worldwide sustainability programme, Sail
& Maintain, is centred around our dedication to generate a good effects on
culture and the natural environment and our lengthy-phrase local weather motion system
reinforces this motivation and aligns with the eyesight of the Paris Arrangement to
obtain a local climate neutral globe.”

Del Rio additional that the company’s determination
to invest in a few million metric tons of carbon credits “is a measurable step
in near-phrase emissions reductions which enables us to choose motion right now and will help
bridge the hole in our decarbonisation endeavours as we put together for a decreased-carbon
upcoming.”

In this article are the three focus spots in Norwegian’s very long-phrase weather action strategy:

• Cut down carbon Intensity: Continually seeks chances to decrease overall footprint by minimising fuel intake and expanding electrical power effectiveness. Ongoing investments in techniques and systems have resulted in a reduction of gas consumption per potential day of 17{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} from 2008 to 2019 for the 28-ship fleet. Business accomplished an approximated close to 14{46dd52bca0123ad67b2d1222819e83fd0a56e45ca5068239f05f0c514f1e20f9} reduction in CO2 emissions per ability day across its fleet among 2015 and 2019. This rate is envisioned to decrease with the introduction of 9 new and extra gas-effective vessels to the fleet by way of 2027,

• Make investments in technological innovation and examine different fuels: Associates with CLIA and other maritime organisations to propose the institution of a collaborative shipping exploration and enhancement fund dedicated to eradicating CO2 emissions from international transport. If approved, funding would occur from a contribution for each tonne of marine gasoline ordered for intake – with sum to access US$5 billion about a 10-year period. The funds will be utilised to finance the enhancement of zero and near-zero GHG fuels and propulsion technologies. 

• Employ voluntary carbon offset programme: Committed to buy carbon credits to offset three million metric tons of carbon dioxide equivalent (MTCO2e) over a three-calendar year time period commencing this 12 months to support bridge the gap in decarbonisation efforts right until new engineering results in being readily available. Offset purchases are expected to ramp up in upcoming a long time to access the goal of carbon neutrality. Norwegian has collaborated with Planet Kinect Vitality Expert services, the sustainability division of Entire world Gas Expert services, to launch 1 of these programme – investing in carbon offsets that have been independently verified and meet up with international requirements this sort of as the Gold Typical or the Verified Carbon Normal (VCS). The offsets are from a combined job portfolio that includes renewable electrical power, forestry, electrical power effectiveness, and squander to electrical power tasks.

• Highlighted picture credit (Ocean Cruises’ Riveria): Norwegian Cruise Line