Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Carnival sets sights on net carbon neutral operations by 2050

22nd Jun 2021 18:06

(Alliance News) - Carnival PLC on Tuesday laid out its sustainability goals, hoping to achieve net carbon neutral operations by 2050.

Carnival has set out to hit a 40% reduction in carbon rate per available lower berth day by 2030, relative to a 2008 baseline. The company said it hopes to build zero emissions ships by 2050.

The dual-listed cruise ship company said it will expand its alternative fuels strategy across its liquefied natural gas program and battery, fuel cell and biofuel capabilities.

"Following the achievement of its 2020 sustainability goals, Carnival Corp has established new sustainability goals for 2030 and aspirations for 2050, incorporating six key focus areas that specifically align with some of the United Nations' Sustainable Development Goals," the cruise company said.

These areas include: climate action; circular economy; sustainable tourism; health & well-being; diversity, equity & inclusion; and biodiversity & conservation.

"Our new 2030 sustainability goals demonstrate our ongoing commitment to ingraining sustainability in all aspects of our operations across our nine brands, while providing us clear, measurable targets and metrics to improve our performance and overall efficiency across our shoreside and shipboard operations," said Carnival Corp Chief Maritime Officer Bill Burke.

Carnival closed 0.2% higher at 1,726.40 pence each in London on Tuesday. The stock was down 1.9% to USD28.14 in New York.

By Greg Roxburgh; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

Carnival
FTSE 100 Latest
Value8,809.74
Change53.53