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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 5 sources · 4 days · First seen · Last updated
Cruise industry environmental impact and emissions
Overview
The cruise industry is facing scrutiny regarding its environmental impact and progress toward climate targets. While individual companies like Carnival Corporation are setting more ambitious decarbonization goals—such as a target to reduce greenhouse gas emissions intensity by 25% by 2029—broader industry data suggests a more complex landscape.
Reports indicate that progress toward climate targets is stagnating for many operators, with some cruise lines showing a decline in target achievement. Environmental concerns persist regarding the high CO2 equivalents generated per passenger and the continued use of heavy fuel oil by many operators, which is noted for being significantly more harmful to marine environments than standard fuels.
Entities
Carnival Corporation · German Federal Environment Agency · Hapag-Lloyd Cruises · NABU · Marella
Timeline
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8 days ago
[BUSINESS] 2 sourcesCruise industry faces ESG pressure over high CO2 emissionsCruise lines face pressure over high emissions, with data showing 0.95 tonnes of CO2 per passenger per week and slow progress in meeting climate targets and phasing out heavy fuel oil.
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12 days ago
[BUSINESS] 3 sourcesCarnival Corporation Sets 2029 Goal to Cut GHG Emissions Intensity by 25%Carnival Corporation set a 2029 target to cut GHG emissions intensity by 25% (vs 2019), after hitting its 2030 goal early, aiming for $650 M fuel savings in 2026 and a 44% reduction since 2008.
Sources
it-boltwise.de · ittn.ie · kapitalmarktexperten.de · ncadd.org · portalcruceros.cl