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 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,242,719a | 3,162,836b | 2,804,367b | |
Total Scope 2 | ||||
Market-Based | 7,204a | 5,675b | 4,685b | |
Location-Based | 5,579a | 4,861b | 4,612b | |
Total Scope 3 | 1,897,656a | 2,655,885b | 2,260,871b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 342.0716a | 369.9256b | 578.9649b |
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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.ab
In 2024, the total Scope 1 emissions of Norwegian Cruise Line Holdings were 3,242,719 metric tons of CO₂ equivalent (tCO₂e).a
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
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
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
In 2024, Norwegian Cruise Line Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a
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 chaina
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
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
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.
In 2024, the largest contributors to Norwegian Cruise Line Holdings's Scope 3 emissions were:a
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
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 16.38, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Norwegian Cruise Line Holdings ranked 22 out of 24 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
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.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