December 6, 2021

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Carnival Corporation Announces Initial 2030 Sustainability Goals

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MIAMI, June 22, 2021 /PRNewswire/ — Carnival Company & plc (NYSE/LSE: CCL NYSE: CUK), the world’s premier cruise firm, currently declared its first established of 2030 sustainability plans, as element of the company’s ongoing commitment to sustainability and compliance through its global functions.

Next the accomplishment of its 2020 sustainability targets, Carnival Company has founded new sustainability aims for 2030 and aspirations for 2050, incorporating six crucial aim regions that exclusively align with some of the United Nations’ Sustainable Progress Ambitions. These spots involve: climate action circular economy (squander reduction) sustainable tourism health and very well-staying diversity, equity and inclusion (DEI) and biodiversity and conservation.

Comprehensive down below, Carnival Corporation is announcing numerous new goals, targets and aspirations for 2030 and past for two of its six concentration areas that will tutorial its actions to more fortify its environmental, social and governance overall performance. Carnival Corporation’s sustainability commitments beneath the climate motion and round financial state focus locations include:

Weather Motion:

  • Attain a 40% reduction in carbon amount for each out there reduced berth day by 2030, relative to a 2008 baseline.
  • Affirmation that the organization peaked its absolute carbon emissions in 2011, in spite of an about 20% potential raise between 2011 and these days with an added 19% ability improve on order, and a motivation to continue on to lower emissions more than time, and establish a pathway to decarbonization.
  • Extend its different fuels strategy across its liquefied organic gas (LNG) plan and battery, gasoline cell and biofuel abilities.
  • Provide a 50% reduction in complete air emissions of particulate subject by 2030 relative to a 2015 baseline, irrespective of an over 10% capacity improve given that 2015 and the added 19% potential boost on get.
  • Increase fleetwide shore energy link capacity to at least 60% of the fleet by 2030.
  • Attain internet carbon neutral functions by 2050.

Round Financial state:

  • Obtain 50% reduction in one-use plastic goods by the stop of 2021, relative to a 2018 baseline.
  • Accomplish 30% for every capita food stuff waste reduction by 2022 and 50% by 2030, relative to a 2019 baseline.
  • Maximize fleetwide protection of Innovative Waste H2o Procedure Devices to at minimum 75% by 2030.
  • Aspire to create zero emissions ships by 2050.

Carnival Corporation will detail supplemental 2030 sustainability objectives and 2050 aspirations covering all six of its emphasis locations in its 2020 Sustainability Report to be issued afterwards this summertime.

At Carnival Company, our maximum obligation and major priorities are normally compliance, environmental defense, and the well being, safety and nicely-becoming of our company, the individuals in the communities we contact and serve, and our shipboard and shoreside personnel,” mentioned Arnold Donald, CEO of Carnival Corporation. “The 2030 targets and our aspirations for 2050 are an essential next move in our sustainability journey and aid our initiatives to set up a path to zero emission cruising around time.”

Added Monthly bill Burke, chief maritime officer for Carnival Corporation: “Our new 2030 sustainability targets reveal our ongoing dedication to ingraining sustainability in all areas of our functions throughout our nine brand names, although giving us apparent, measurable targets and metrics to increase our performance and general performance across our shoreside and shipboard functions.”

The new established of 2030 sustainability targets and 2050 aspirations construct on the momentum of the firm’s efficiency relative to its 2020 sustainability targets, which were attained and in some scenarios surpassed in 2019, a comprehensive yr ahead of program. As the company continues to perform toward the broad restart of guest cruise functions, it is preserving its aim on its environmental, social and governance effectiveness, which include continued development on its sustainability endeavours via the pause in guest cruise functions.

As section of its strategic prepare for carbon footprint reduction, the company sales opportunities the cruise industry’s use of LNG to electric power cruise ships with a full of 11 future-era cruise ships that will have joined the fleet by way of 2025, which will signify nearly 20% of its overall capability, which includes four ships now in procedure. The company also pioneered the use of State-of-the-art Air High quality Methods on board its ships and is promoting the use of shore electricity, enabling ships to use shoreside electric ability wherever out there while in port.

In addition, the enterprise has applied wide initiatives to optimize onboard power use, and impressive hull types and coatings to decrease fuel consumption by minimizing frictional drag, together with trialing impressive systems for making power on cruise ships, which includes battery electric power and gasoline cells.

These efforts, together with a collection of other folks underway, support and strengthen Carnival Corporation’s extended-time period determination to sustainability, responsible operations and shielding the atmosphere, as outlined in its 2030 sustainability plans and 2050 aspirations. Additional data on Carnival Corporation’s sustainability endeavours is readily available at www.carnivalsustainability.com.

Cautionary Take note About Things That May perhaps Influence Upcoming Success
Some of the statements, estimates or projections contained in this doc are “ahead-looking statements” that entail dangers, uncertainties and assumptions with respect to us, which include some statements about our 2030 sustainability targets and 2050 aspirations. These statements are supposed to qualify for the risk-free harbors from liability provided by Area 27A of the Securities Act of 1933 and Portion 21E of the Securities Trade Act of 1934, as amended. All statements other than statements of historic points are statements that could be considered ahead-hunting. These statements are based on present anticipations, estimates, forecasts and projections about our enterprise and the field in which we work and the beliefs and assumptions of our administration. We have experimented with, every time attainable, to identify these statements by making use of words and phrases like “will,” “could,” “could,” “must,” “would,” “think,” “depends,” “assume,” “objective,” “anticipate,” “forecast,” “venture,” “potential,” “intend,” “approach,” “estimate,” “target,” “point out,” “outlook,” and equivalent expressions of long term intent or the damaging of these kinds of phrases.

For the reason that forward-hunting statements involve pitfalls and uncertainties, there are numerous elements that could cause our genuine benefits, general performance or achievements to differ materially from those expressed or implied by our forward-seeking statements. This observe incorporates critical cautionary statements of the recognized aspects that we take into account could materially affect the accuracy of our ahead-hunting statements and adversely impact our 2030 sustainability targets and 2050 aspirations.  Such risks, uncertainties and factors include things like the danger variables mentioned in Item 1A of our most the latest Yearly Report on Kind 10-K and subsequent quarterly stories on Type 10-Q filed with the Securities and Trade Commission (“SEC“).

Forward-searching statements need to not be relied on as a prediction of real final results. Subject to any continuing obligations beneath applicable law or any applicable inventory exchange guidelines, we expressly disclaim any obligation to disseminate, right after the date of this doc, any updates or revisions to any these kinds of forward-looking statements to mirror any alter in anticipations or situations, situations or conditions on which any these types of statements are based mostly.

About Carnival Corporation & plc
Carnival Corporation & plc is one of the world’s largest leisure travel organizations with a portfolio of nine of the world’s primary cruise traces sailing to all seven continents. With functions in North The usa, Australia, Europe and Asia, its portfolio attributes Carnival Cruise Line, Princess Cruises, Holland The united states Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (United kingdom) and Cunard.

Further info can be located on www.carnivalcorp.com, www.carnival.com, www.princess.com, www.hollandamerica.com, www.seabourn.com, www.pocruises.com.au, www.costacruise.com, www.aida.de, www.pocruises.com and www.cunard.com.

See unique articles:http://www.prnewswire.com/news-releases/carnival-corporation-announces-original-2030-sustainability-plans-301317408.html

Resource Carnival Corporation & plc

Carnival Corporation Media Contacts: Roger Frizzell, Carnival Company, [email protected], (305) 406-7862, or Mike Flanagan, LDWW, [email protected], (727) 452-4538

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