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 2023, 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 7 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Norwegian Cruise Line Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Norwegian Cruise Line Holdings amounted to 3,167,697 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Norwegian Cruise Line Holdings increased by 12.77%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Norwegian Cruise Line Holdings's Scope 1 Emissions Over Time

201920202021202220230800 k1.6 M2.4 M3.2 MtCO2e-46%-1%+96%+13%
  • Total Scope 1
  • Year-over-Year Change

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

In 2023, the total Scope 1 emissions of Norwegian Cruise Line Holdings were 3,162,836 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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 17.63%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Norwegian Cruise Line Holdings's Scope 1 emissions increased by 12.78%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

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

In 2023, Norwegian Cruise Line Holdings reported Scope 2 greenhouse gas (GHG) emissions of 5,675 tCOâ‚‚e using the market-based method, and 4,861 tCOâ‚‚e using the location-based method.

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.

Compared to the previous year (2022), Norwegian Cruise Line Holdings's Scope 2 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.

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

In 2023, Norwegian Cruise Line Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.

Norwegian Cruise Line Holdings's Scope 2 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Norwegian Cruise Line Holdings's Value Chain Emissions

In 2023, Norwegian Cruise Line Holdings reported 2,655,885 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Norwegian Cruise Line Holdings includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Norwegian Cruise Line Holdings's Scope 3 Emissions Over Time

201920202021202220230700 k1.4 M2.1 M2.8 MtCO2e-50%-10%+166%+17%
  • Total Scope 3
  • Year-over-Year Change

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

In 2023, Norwegian Cruise Line Holdings reported total Scope 3 emissions of 2,655,885 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

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

Since 2019, Norwegian Cruise Line Holdings's Scope 3 emissions have increased by 39.28%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Norwegian Cruise Line Holdings's Scope 3 emissions increased by 17.47%, suggesting that the company faced challenges in reducing emissions across its value chain.

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

In 2023, Norwegian Cruise Line Holdings reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Norwegian Cruise Line Holdings's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,271,919 tCOâ‚‚e (47.89%)
  • Fuel- and Energy-Related Services (Cat. 3): 655,869 tCOâ‚‚e (24.69%)
  • Capital Goods (Cat. 2): 534,521 tCOâ‚‚e (20.13%)

Norwegian Cruise Line Holdings's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(20.1%)Purchased Goods andServices (Cat. 1)(47.9%)Fuel- andEnergy-RelatedServices (Cat. 3)(24.7%)

Insights into Norwegian Cruise Line Holdings's Total Carbon Footprint

In 2023, Norwegian Cruise Line Holdings reported a total carbon footprint of 5,823,582 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.87% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Norwegian Cruise Line Holdings's total carbon footprint was Scope 1 emissions, accounting for 54.31% of the company's total carbon footprint, followed by Scope 3 emissions at 45.61%.