Carnival Corp

Common Name
Carnival
Country
United States
Sector
Consumer Cyclical
Industry
Travel Services
Employees
115,000
Ticker
CCL
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Carnival Corporation is a prominent cruise line operator, known for providing exceptional leisure travel experiences across various destinations worldwide. As a major entity in the travel and tourism ...

Carnival's GHG Emissions Data Preview

In 2023, 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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b
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c
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Location-Based
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c
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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c
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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. Explore Carnival’s data sources below and access millions more through our Disclosure Search.

a. Carnival's Sustainability Report 2023
a. Carnival's Sustainability Report 2023
b. Carnival's Sustainability Report 2022
b. Carnival's Sustainability Report 2022
c. Carnival's Sustainability Report 2021
c. Carnival's Sustainability Report 2021
d. Carnival's Sustainability Report 2020
d. Carnival's Sustainability Report 2020

Insights into Carnival's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Carnival amounted to 9,648,000 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 2022, the total operational greenhouse gas (GHG) emissions of Carnival increased by 12.42%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Carnival's Scope 1 Emissions Over Time

20182019202020212022202303 M6 M9 M12 MtCO2e+1%-42%-30%+94%+13%
  • Total Scope 1
  • Year-over-Year Change

What are Carnival's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Carnival were 9,610,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Carnival reduced its Scope 1 emissions over time?

Since 2018, Carnival's Scope 1 emissions have decreased by 9.74%, reflecting a declining long-term trend in Scope 1 emissions over time. a d

Compared to the previous year (2022), Carnival's Scope 1 emissions increased by 12.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Carnival's Scope 2 emissions?

In 2023, Carnival reported Scope 2 greenhouse gas (GHG) emissions of 38,000 tCO₂e using the location-based method. a

Has Carnival reduced its Scope 2 emissions over time?

Since 2018, Carnival's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 24.62%, reflecting a declining long-term trend in Scope 2 emissions over time. a d

Compared to the previous year (2022), Carnival's Scope 2 emissions (Location-Based) fell by 11.63% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b

What methodology does Carnival use for Scope 2 reporting?

In 2023, Carnival reported its Scope 2 emissions using the location-based method. a

Carnival's Scope 2 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Carnival's Value Chain Emissions

In 2023, Carnival reported 7,562,000 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 2023 disclosure of Carnival includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Carnival's Scope 3 Emissions Over Time

2019202302.5 M5 M7.5 M10 MtCO2e-22%
  • Total Scope 3
  • Year-over-Year Change

What are Carnival's Scope 3 emissions?

In 2023, Carnival reported total Scope 3 emissions of 7,562,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 96.69% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.31% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Carnival disclose?

In 2023, Carnival reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2023, the largest contributors to Carnival's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 3,932,240 tCO₂e (52.16%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,739,260 tCO₂e (23.07%)
  • Employee Commuting (Cat. 7): 680,580 tCO₂e (9.03%)

Carnival's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(9.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(23.1%)Purchased Goods andServices (Cat. 1)(52.2%)Capital Goods(Cat. 2)(9.0%)

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

In 2023, Carnival reported Scope 1 greenhouse gas (GHG) emissions of 9,610,000 tCO₂e and total revenues of USD 21,593 millions. This translates into an emissions intensity of 445.05 tCO₂e per millions USD. a

Carnival's Scope 1 Emissions Intensity Compared to Peers

2005,000100,0002,000,00050,000,000Scope 1 Emissions (tCO2e)5002,00010,00020,000100,000Revenues (Millions of USD)CTractor SupplyYear: 2024Scope 1: 90,000 tCO2eRevenue: $M 14,883Scope 1 Intensity: 6.05 tCO2e/$MRoyal Caribbean CruisesYear: 2023Scope 1: 5,375,318 tCO2eRevenue: $M 13,900Scope 1 Intensity: 386.71 tCO2e/$MBurlington StoresYear: 2023Scope 1: 38,806 tCO2eRevenue: $M 9,728Scope 1 Intensity: 3.99 tCO2e/$MTravel + LeisureYear: 2023Scope 1: 56,535 tCO2eRevenue: $M 3,750Scope 1 Intensity: 15.08 tCO2e/$MUlta BeautyYear: 2023Scope 1: 8,345 tCO2eRevenue: $M 11,207Scope 1 Intensity: 0.74 tCO2e/$MDICK'S Sporting GoodsYear: 2022Scope 1: 52,131 tCO2eRevenue: $M 12,368Scope 1 Intensity: 4.21 tCO2e/$MInternational PaperYear: 2024Scope 1: 6,266,000 tCO2eRevenue: $M 18,619Scope 1 Intensity: 336.54 tCO2e/$MGenuine PartsYear: 2023Scope 1: 111,792 tCO2eRevenue: $M 23,091Scope 1 Intensity: 4.84 tCO2e/$MDoorDashYear: 2022Scope 1: 3,565 tCO2eRevenue: $M 6,584Scope 1 Intensity: 0.54 tCO2e/$MSkechers USAYear: 2023Scope 1: 10,610 tCO2eRevenue: $M 8,000Scope 1 Intensity: 1.33 tCO2e/$MAutozoneYear: 2024Scope 1: 268,476 tCO2eRevenue: $M 18,490Scope 1 Intensity: 14.52 tCO2e/$MAirbnbYear: 2023Scope 1: 1,303 tCO2eRevenue: $M 9,916Scope 1 Intensity: 0.13 tCO2e/$MPVHYear: 2024Scope 1: 11,451 tCO2eRevenue: $M 8,653Scope 1 Intensity: 1.32 tCO2e/$MLas Vegas SandsYear: 2024Scope 1: 155,421 tCO2eRevenue: $M 11,298Scope 1 Intensity: 13.76 tCO2e/$MCCChipotle Mexican GrillYear: 2024Scope 1: 158,526 tCO2eRevenue: $M 11,314Scope 1 Intensity: 14.01 tCO2e/$MBooking HoldingsYear: 2024Scope 1: 2,268 tCO2eRevenue: $M 23,749Scope 1 Intensity: 0.10 tCO2e/$MQVC GroupYear: 2023Scope 1: 11,085 tCO2eRevenue: $M 10,915Scope 1 Intensity: 1.02 tCO2e/$MFlutter EntertainmentYear: 2024Scope 1: 4,319 tCO2eRevenue: $M 14,050Scope 1 Intensity: 0.31 tCO2e/$MMurphy USAYear: 2022Scope 1: 6,350 tCO2eRevenue: $M 23,449Scope 1 Intensity: 0.27 tCO2e/$MBallYear: 2024Scope 1: 387,349 tCO2eRevenue: $M 11,795Scope 1 Intensity: 32.84 tCO2e/$MDarden RestaurantsYear: 2025Scope 1: 385,847 tCO2eRevenue: $M 12,077Scope 1 Intensity: 31.95 tCO2e/$MLithia MotorsYear: 2024Scope 1: 43,354 tCO2eRevenue: $M 36,189Scope 1 Intensity: 1.20 tCO2e/$MExpedia GroupYear: 2024Scope 1: 5,534 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.40 tCO2e/$MNorwegian Cruise Line HoldingsYear: 2024Scope 1: 3,242,719 tCO2eRevenue: $M 9,480Scope 1 Intensity: 342.07 tCO2e/$MCarnivalYear: 2023Scope 1: 9,610,000 tCO2eRevenue: $M 21,593Scope 1 Intensity: 445.05 tCO2e/$M

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

In 2023, Carnival reported a Scope 1 emissions intensity of 445.05 tCO₂e per millions USD. Compared to the peer group median of 4.1 , 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 2023, Carnival ranked 25 out of 24 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 2023, Carnival reported a total carbon footprint of 17,210,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 100.54% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Carnival's total carbon footprint was Scope 1 emissions, accounting for 55.84% of the company's total carbon footprint, followed by Scope 3 emissions at 43.94%. a

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