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Norwegian Cruise Line Holdings Ltd
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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Verified Sources Behind Norwegian Cruise Line Holdings’s Greenhouse Gas (GHG) Emissions Data
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Insights into Norwegian Cruise Line Holdings's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofNorwegian Cruise Line Holdings amounted to3,248,298metric 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 Holdingsincreased by 2.54%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Norwegian Cruise Line Holdings's Scope 1 Emissions Over Time
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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.ab
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.ab
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 tCOâ‚‚e using the market-based method and 5,579 tCOâ‚‚e 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.ab
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 energyab
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
- 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 8of 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 chaina
Norwegian Cruise Line Holdings's Scope 3 Emissions Over Time
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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 emissionshave remained relatively stable, indicating that Norwegian Cruise Line Holdings's emissions have plateaued with no significant change in its value chain footprint.ab
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.ab
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 tCOâ‚‚e(49.32%)
- Fuel- and Energy-Related Services (Cat. 3): 641,224 tCOâ‚‚e(33.79%)
- Capital Goods (Cat. 2): 189,907 tCOâ‚‚e(10.01%)
Norwegian Cruise Line Holdings's Scope 3 Emissions by Categories
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 tCOâ‚‚e and total revenues of USD 9,480 millions. This translates into an emissions intensity of 342.07 tCOâ‚‚e per millions USD.a
Norwegian Cruise Line Holdings's Scope 1 Emissions Intensity Compared to Peers
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 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.35, 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 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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.ab
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