✨ Unlock Data Exports And Disclosure Access.Start Your 30-Day Free Trial Today →

Carnival Corporation Ltd

Common Name
Carnival
Country
United States
Sector
Consumer Cyclical
Industry
Travel Services
Employees
160,000
Ticker
CCL
Exchange
New York Stock Exchange
Description
Carnival Corporation Ltd. is a global leisure travel company and cruise operator headquartered in Doral, Florida, with substantial operations in the United Kingdom. The company provides cruise vacatio...

Carnival's GHG Emissions Data Preview

In 2025, Carnival completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Carnival has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
9,263,016a
9,680,000a
9,610,000a
Total Scope 2
Market-Based
48,163a
49,000a
40,000a
Location-Based
33,514a
34,000a
38,000a
Total Scope 3
7,882,273a
8,671,000a
7,562,000a
Total Scope 1 Revenue Intensity (tCO2e/$M)
347.959a
386.875a
445.0516a
Usage Policy

You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"

Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.

Access Datasets, Disclosures, and Sources
pro
Remove manual data sourcing from your workflow. Subscribe to Tracenable Pro to get credits for accessing and exporting datasets and disclosures across 8,500+ companies with 10+ years of historical coverage.
Download granular datasets (CSV/XLS)
Access underlying corporate disclosures (PDF)
Trace all values back to their original sources
Formats Included
Excel
CSV
Json
All data fully traceable to original sources
Used by 1,000+ teams in finance, climate, and research
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=CCL&reporting_period=2025"

Verified Sources Behind Carnival’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Carnival's Sustainability Report 2025
b. Carnival's Sustainability Report 2024
c. Carnival's Sustainability Report 2023
d. Carnival's Sustainability Report 2021

Insights into Carnival's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Carnival amounted to 9,296,530 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Carnival decreased by 4.3%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Carnival's Scope 1 Emissions Over Time

201920202021202220232024202503 M6 M9 M12 MtCO2e-42%-30%+94%+13%+1%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Carnival's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Carnival were 9,263,016 metric tons of CO₂ equivalent (tCO₂e).a

Has Carnival reduced its Scope 1 emissions over time?

Since 2019, Carnival's Scope 1 emissions have decreased by 13.61%, reflecting a declining long-term trend in Scope 1 emissions over time.ad

Compared to the previous year (2024), Carnival's Scope 1 emissions decreased by 4.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Carnival's Scope 2 emissions?

In 2025, Carnival reported Scope 2 greenhouse gas (GHG) emissions of 48,163 tCO₂e using the market-based method and 33,514 tCO₂e using the location-based method.a

Has Carnival reduced its Scope 2 emissions over time?

Since 2019, Carnival's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 28.59%, reflecting a declining long-term trend in Scope 2 emissions over time.ad

Compared to the previous year (2024), Carnival's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Carnival's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Carnival use for Scope 2 reporting?

In 2025, Carnival reported its Scope 2 emissions using the market-based method and using the location-based method.a

Carnival's Scope 2 Emissions Over Time

2019202020212022202320242025015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Carnival's Value Chain Emissions

In 2025, Carnival reported 7,882,273 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Carnival includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2024, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Carnival's Scope 3 Emissions Over Time

201920232024202502.5 M5 M7.5 M10 MtCO2e-22%+15%-9%
  • Total Scope 3
  • Year-over-Year Change

What are Carnival's Scope 3 emissions?

In 2025, Carnival reported total Scope 3 emissions of 7,882,273 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Carnival reduced its Scope 3 emissions over time?

Since 2019, Carnival's Scope 3 emissions have decreased by 19.06%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2024), Carnival's Scope 3 emissions remained relatively stable, indicating that Carnival's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Carnival disclose?

In 2025, Carnival reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Carnival's Scope 3 emissions?

In 2025, the largest contributors to Carnival's Scope 3 emissions were:a

  • Other/Unspecified Sources: 2,128,769 tCO₂e (90.22%)
  • Use of Sold Products (Cat. 11): 230,645 tCO₂e (9.78%)

Carnival's Scope 3 Emissions by Categories

Other/UnspecifiedSources(90.2%)Use of Sold Products(Cat. 11)(9.8%)

Insights into Carnival’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Carnival reported Scope 1 greenhouse gas (GHG) emissions of 9,263,016 tCO₂e and total revenues of USD 26,621 millions. This translates into an emissions intensity of 347.96 tCO₂e per millions USD.a

Carnival's Scope 1 Emissions Intensity Compared to Peers

1005,000500,00050,000,000Scope 1 Emissions (tCO2e)505002,00020,000100,000Revenues (Millions of USD)Tbo TekYear: 2025Scope 1: 61 tCO2eRevenue: $M 203Scope 1 Intensity: 0.30 tCO2e/$MFlight Centre Travel GroupYear: 2024Scope 1: 20,243 tCO2eRevenue: $M 1,808Scope 1 Intensity: 11.20 tCO2e/$MCorporate Travel ManagementYear: 2023Scope 1: 1 tCO2eRevenue: $M 435Scope 1 Intensity: 0.00 tCO2e/$MMakeMyTripYear: 2024Scope 1: 6 tCO2eRevenue: $M 778Scope 1 Intensity: 0.01 tCO2e/$MIRCTCYear: 2025Scope 1: 234 tCO2eRevenue: $M 547Scope 1 Intensity: 0.43 tCO2e/$MTongcheng Travel HoldingsYear: 2024Scope 1: 74 tCO2eRevenue: $M 2,376Scope 1 Intensity: 0.03 tCO2e/$MFlutter EntertainmentYear: 2025Scope 1: 5,107 tCO2eRevenue: $M 16,384Scope 1 Intensity: 0.31 tCO2e/$MInternational PaperYear: 2024Scope 1: 6,266,000 tCO2eRevenue: $M 18,619Scope 1 Intensity: 336.54 tCO2e/$MDick's Sporting GoodsYear: 2022Scope 1: 52,131 tCO2eRevenue: $M 12,368Scope 1 Intensity: 4.21 tCO2e/$MLennarYear: 2022Scope 1: 10,515 tCO2eRevenue: $M 33,670Scope 1 Intensity: 0.31 tCO2e/$MPultegroupYear: 2024Scope 1: 5,225 tCO2eRevenue: $M 17,949Scope 1 Intensity: 0.29 tCO2e/$MLas Vegas SandsYear: 2024Scope 1: 155,421 tCO2eRevenue: $M 11,298Scope 1 Intensity: 13.76 tCO2e/$MCaseys General StoresYear: 2024Scope 1: 104,833 tCO2eRevenue: $M 14,863Scope 1 Intensity: 7.05 tCO2e/$MD.R. HortonYear: 2024Scope 1: 55,300 tCO2eRevenue: $M 36,800Scope 1 Intensity: 1.50 tCO2e/$MAutozoneYear: 2024Scope 1: 268,476 tCO2eRevenue: $M 18,490Scope 1 Intensity: 14.52 tCO2e/$MJet2Year: 2024Scope 1: 2,876,913 tCO2eRevenue: $M 7,898Scope 1 Intensity: 364.25 tCO2e/$MTrip.com GroupYear: 2024Scope 1: 3,233 tCO2eRevenue: $M 7,303Scope 1 Intensity: 0.44 tCO2e/$MTuiYear: 2025Scope 1: 4,673,449 tCO2eRevenue: $M 28,369Scope 1 Intensity: 164.74 tCO2e/$MTravel + LeisureYear: 2024Scope 1: 56,937 tCO2eRevenue: $M 3,864Scope 1 Intensity: 14.74 tCO2e/$MGlobal Business Travel GroupYear: 2024Scope 1: 425 tCO2eRevenue: $M 2,423Scope 1 Intensity: 0.18 tCO2e/$MNorwegian Cruise Line HoldingsYear: 2024Scope 1: 3,242,719 tCO2eRevenue: $M 9,480Scope 1 Intensity: 342.07 tCO2e/$MAirbnbYear: 2023Scope 1: 1,303 tCO2eRevenue: $M 9,916Scope 1 Intensity: 0.13 tCO2e/$MRoyal Caribbean CruisesYear: 2024Scope 1: 5,696,852 tCO2eRevenue: $M 16,485Scope 1 Intensity: 345.58 tCO2e/$MBooking HoldingsYear: 2024Scope 1: 2,268 tCO2eRevenue: $M 23,749Scope 1 Intensity: 0.10 tCO2e/$MExpedia GroupYear: 2024Scope 1: 5,534 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.40 tCO2e/$MCarnivalYear: 2025Scope 1: 9,263,016 tCO2eRevenue: $M 26,621Scope 1 Intensity: 347.96 tCO2e/$M

How does Carnival's GHG emissions intensity compare to its peers?

In 2025, Carnival reported a Scope 1 emissions intensity of 347.96 tCO₂e per millions USD. Compared to the peer group median of 0.44, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Carnival rank on GHG emissions intensity within its industry?

In 2025, Carnival ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Carnival among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Carnival's Total Carbon Footprint

In 2025, Carnival reported a total carbon footprint of 17,178,803 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.56% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Carnival's total carbon footprint was Scope 1 emissions, accounting for 53.92% of the company's total carbon footprint, followed by Scope 3 emissions at 45.88%.a

Want Full Access to Carnival's GHG Emissions Dataset?
Start 30-Day Free Trial