NCLH-Norwegian Cruise Line Holdings creates new greenhouse gas emissions targets

   April 25, 2023 ,   Cruise Industry

NCLH-Norwegian Cruise Line Holdings Ltd - the parent company (and shipowner) of NCL-Norwegian Cruise Line, Oceania, and RSSC-Regent Seven Seas, has created new short-/near-term greenhouse gas emissions targets to continue its goal of "becoming net zero by 2050." 

The new goals feature reducing greenhouse gas emissions by 10% by 2026 and 25% by 2030, according to the 2019 baseline; and this includes all operations, from the fleets/islands/facilities to energy-related activities, such as well-to-wake emissions. 

The targets should help paint a roadmap of actionable goals to achieve while working toward the net zero goal. 

The climate strategy’s 3 pillars are now identified as "Efficiency, Innovation and Collaboration."

Efficiency is focused on reducing onboard power/fuel consumption and greenhouse gas emissions.

Innovation centers around the utilization of innovations like biofuels/green methanol/other emissions-reducing technologies.

Collaboration is focused on working with suppliers/communities/governments/NGOs to continue fighting against climate change/eliminating end-to-end emissions across operations. 

Harry Sommer, president and chief executive officer-elect of NCLH said they were proud to further refine and strengthen their "climate action strategy and commitments including by setting milestone GHG intensity reduction targets" which would guide them on their ambitious pursuit of net zero by 2050.” 

“Every aspect of our business from shoreside to shipboard is responsible for doing their part to design, deliver and demonstrate results for decarbonization and our Board of Directors has reinforced this expectation by establishing shared accountability and tying incentives for our entire management team to this critical effort.

“We also recently took an important step forward on our pursuit of net zero by announcing the modification of two of our future Prima Class newbuilds to accommodate the use of green methanol in the future.”