Norwegian Cruise Line Holdings Ltd

Common Name
Norwegian Cruise Line Holdings
Country
United States
Sector
Consumer Cyclical
Industry
Travel Services
Employees
41,700
Ticker
NCLH
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Norwegian Cruise Line Holdings Ltd. is a prominent player in the travel and leisure industry, primarily focused on delivering unique and memorable cruise experiences. The company operates under three ...

Norwegian Cruise Line Holdings's GHG Emissions Data Preview

In 2024, Norwegian Cruise Line Holdings 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).

Norwegian Cruise Line Holdings has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
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b
0000000
Total Scope 2
Market-Based
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a
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b
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b
0000000
Location-Based
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a
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b
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b
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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0000000
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Verified Sources Behind Norwegian Cruise Line Holdings’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 Norwegian Cruise Line Holdings’s data sources below and access millions more through our Disclosure Search.

a. Norwegian Cruise Line Holdings's Verification report 2024
a. Norwegian Cruise Line Holdings's Verification report 2024
b. Norwegian Cruise Line Holdings's Sustainability Report 2023
b. Norwegian Cruise Line Holdings's Sustainability Report 2023

Insights into Norwegian Cruise Line Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Norwegian Cruise Line Holdings amounted to 3,248,298 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 2023, the total operational greenhouse gas (GHG) emissions of Norwegian Cruise Line Holdings increased by 2.54%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Norwegian Cruise Line Holdings's Scope 1 Emissions Over Time

2019202020212022202320240850 k1.7 M2.55 M3.4 MtCO2e-46%-1%+96%+13%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Norwegian Cruise Line Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Norwegian Cruise Line Holdings were 3,242,719 metric tons of CO₂ equivalent (tCO₂e). a

Has Norwegian Cruise Line Holdings reduced its Scope 1 emissions over time?

Since 2019, Norwegian Cruise Line Holdings's Scope 1 emissions have increased by 20.6%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Norwegian Cruise Line Holdings's Scope 1 emissions increased by 2.53%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Norwegian Cruise Line Holdings's Scope 2 emissions?

In 2024, Norwegian Cruise Line Holdings reported Scope 2 greenhouse gas (GHG) emissions of 7,204 tCO₂e using the market-based method and 5,579 tCO₂e using the location-based method. a

Has Norwegian Cruise Line Holdings reduced its Scope 2 emissions over time?

Since 2019, Norwegian Cruise Line Holdings's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Norwegian Cruise Line Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), Norwegian Cruise Line Holdings's Scope 2 emissions (Location-Based) rose by 14.77% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does Norwegian Cruise Line Holdings use for Scope 2 reporting?

In 2024, Norwegian Cruise Line Holdings reported its Scope 2 emissions using the market-based method and using the location-based method. a

Norwegian Cruise Line Holdings's Scope 2 Emissions Over Time

20192020202120222023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Norwegian Cruise Line Holdings's Value Chain Emissions

In 2024, Norwegian Cruise Line Holdings reported 1,897,656 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 2024 disclosure of Norwegian Cruise Line Holdings includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Norwegian Cruise Line Holdings's Scope 3 Emissions Over Time

2019202020212022202320240700 k1.4 M2.1 M2.8 MtCO2e-50%-10%+166%+17%-29%
  • Total Scope 3
  • Year-over-Year Change

What are Norwegian Cruise Line Holdings's Scope 3 emissions?

In 2024, Norwegian Cruise Line Holdings reported total Scope 3 emissions of 1,897,656 metric tons of CO₂ equivalent (tCO₂e). a

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

Has Norwegian Cruise Line Holdings reduced its Scope 3 emissions over time?

Since 2019, Norwegian Cruise Line Holdings's Scope 3 emissions have remained relatively stable, indicating that Norwegian Cruise Line Holdings 's emissions have plateaued with no significant change in its value chain footprint. a b

Compared to the previous year (2023), Norwegian Cruise Line Holdings's Scope 3 emissions decreased by 28.55%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

What categories of Scope 3 emissions does Norwegian Cruise Line Holdings disclose?

In 2024, Norwegian Cruise Line Holdings reported emissions for 8 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 Norwegian Cruise Line Holdings's Scope 3 emissions?

In 2024, the largest contributors to Norwegian Cruise Line Holdings's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 935,889 tCO₂e (49.32%)
  • Fuel- and Energy-Related Services (Cat. 3): 641,224 tCO₂e (33.79%)
  • Capital Goods (Cat. 2): 189,907 tCO₂e (10.01%)

Norwegian Cruise Line Holdings's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(10.0%)Purchased Goods andServices (Cat. 1)(49.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(33.8%)

Insights into Norwegian Cruise Line Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Norwegian Cruise Line Holdings reported Scope 1 greenhouse gas (GHG) emissions of 3,242,719 tCO₂e and total revenues of USD 9,480 millions. This translates into an emissions intensity of 342.07 tCO₂e per millions USD. a

Norwegian Cruise Line Holdings's Scope 1 Emissions Intensity Compared to Peers

2005,000100,0002,000,00050,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,00050,000Revenues (Millions of USD)Royal Caribbean CruisesYear: 2023Scope 1: 5,375,318 tCO2eRevenue: $M 13,900Scope 1 Intensity: 386.71 tCO2e/$MTravel + LeisureYear: 2023Scope 1: 56,535 tCO2eRevenue: $M 3,750Scope 1 Intensity: 15.08 tCO2e/$MHarley-DavidsonYear: 2020Scope 1: 26,054 tCO2eRevenue: $M 4,054Scope 1 Intensity: 6.43 tCO2e/$MLevi Strauss & CoYear: 2023Scope 1: 10,000 tCO2eRevenue: $M 6,179Scope 1 Intensity: 1.62 tCO2e/$MGreifYear: 2023Scope 1: 656,000 tCO2eRevenue: $M 5,219Scope 1 Intensity: 125.70 tCO2e/$MBrinker InternationalYear: 2025Scope 1: 140,893 tCO2eRevenue: $M 5,384Scope 1 Intensity: 26.17 tCO2e/$MAirbnbYear: 2023Scope 1: 1,303 tCO2eRevenue: $M 9,916Scope 1 Intensity: 0.13 tCO2e/$MRush EnterprisesYear: 2022Scope 1: 42,324 tCO2eRevenue: $M 7,102Scope 1 Intensity: 5.96 tCO2e/$MPVHYear: 2024Scope 1: 11,451 tCO2eRevenue: $M 8,653Scope 1 Intensity: 1.32 tCO2e/$MBooking HoldingsYear: 2024Scope 1: 2,268 tCO2eRevenue: $M 23,749Scope 1 Intensity: 0.10 tCO2e/$MBrunswickYear: 2024Scope 1: 82,745 tCO2eRevenue: $M 5,237Scope 1 Intensity: 15.80 tCO2e/$MAdvance Auto PartsYear: 2021Scope 1: 105,649 tCO2eRevenue: $M 10,998Scope 1 Intensity: 9.61 tCO2e/$MThor IndustriesYear: 2024Scope 1: 51,703 tCO2eRevenue: $M 10,043Scope 1 Intensity: 5.15 tCO2e/$MCarnivalYear: 2023Scope 1: 9,610,000 tCO2eRevenue: $M 21,593Scope 1 Intensity: 445.05 tCO2e/$MVFYear: 2024Scope 1: 7,895 tCO2eRevenue: $M 10,454Scope 1 Intensity: 0.76 tCO2e/$MBoyd GamingYear: 2024Scope 1: 54,173 tCO2eRevenue: $M 3,930Scope 1 Intensity: 13.78 tCO2e/$MAmerican Eagle OutfittersYear: 2023Scope 1: 10,143 tCO2eRevenue: $M 5,262Scope 1 Intensity: 1.93 tCO2e/$MBath & Body WorksYear: 2023Scope 1: 17,599 tCO2eRevenue: $M 7,429Scope 1 Intensity: 2.37 tCO2e/$MSealed AirYear: 2023Scope 1: 124,142 tCO2eRevenue: $M 5,489Scope 1 Intensity: 22.62 tCO2e/$MCrocsYear: 2024Scope 1: 4,098 tCO2eRevenue: $M 4,102Scope 1 Intensity: 1.00 tCO2e/$MH & R BlockYear: 2024Scope 1: 22,993 tCO2eRevenue: $M 3,610Scope 1 Intensity: 6.37 tCO2e/$MExpedia GroupYear: 2024Scope 1: 5,534 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.40 tCO2e/$MWayfairYear: 2023Scope 1: 18,266 tCO2eRevenue: $M 12,003Scope 1 Intensity: 1.52 tCO2e/$MNorwegian Cruise Line HoldingsYear: 2024Scope 1: 3,242,719 tCO2eRevenue: $M 9,480Scope 1 Intensity: 342.07 tCO2e/$M

How does Norwegian Cruise Line Holdings's GHG emissions intensity compare to its peers?

In 2024, Norwegian Cruise Line Holdings reported a Scope 1 emissions intensity of 342.07 tCO₂e per millions USD. Compared to the peer group median of 5.96 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Norwegian Cruise Line Holdings rank on GHG emissions intensity within its industry?

In 2024, Norwegian Cruise Line Holdings ranked 22 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Norwegian Cruise Line Holdings among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Norwegian Cruise Line Holdings's Total Carbon Footprint

In 2024, Norwegian Cruise Line Holdings reported a total carbon footprint of 5,145,954 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.64% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Norwegian Cruise Line Holdings's total carbon footprint was Scope 1 emissions, accounting for 63.01% of the company's total carbon footprint, followed by Scope 3 emissions at 36.88%. a

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