LETTER FROM OUR PRESIDENT AND CEO,
As has been the trend over the last few years, 2017 was another historic year for our company. We expanded into new markets around the world; welcomed the 25th ship to our fleet, Norwegian Joy; celebrated the 25th Anniversary of Regent Seven Seas Cruises; generated record-breaking financial results and joined the prestigious S&P 500 Index just five years after our initial public offering. In addition, thanks to the efforts of our 31,000 employees around the world, we have made progress on our goals to reduce our environmental footprint while providing truly exceptional cruise vacation experiences for our loyal guests. Our 2017 Stewardship Report highlights our progress in increasing our sustainable sourcing, minimizing waste to landfills, investing in emerging technologies and reducing CO2 emissions. The report also highlights the impactful environmental partnerships we have established with the Guy Harvey Ocean Foundation, the Alaska Raptor Center and our exciting work with Nova Southeastern University’s Oceanographic Center in coral reef restoration. While there is much to be proud of, there is also much more that we want to accomplish. Looking ahead, we remain committed to being a responsible corporate citizen by fostering a culture of awareness and respect for our world’s resources throughout the entire Norwegian Cruise Line Holdings organization. With operations spanning the globe, our commitment to the environment extends beyond our ships and encourages the preservation of the precious natural resources that are integral to our success. We look forward to updating you on our efforts to ‘Sail & Sustain’ for years to come.
Frank Del Rio
President and Chief Executive Officer
Norwegian Cruise Line Holdings, Ltd.
Statement on Responsible Sourcing
Norwegian Cruise Line Holdings Ltd. has several guiding principles when it comes to sourcing, an important part of our continued efforts towards sustainability. The company is committed to working with partners across the supply chain to source safe, high quality, ethically responsible and sustainable products for our guests.
In 2015, we committed in the U.S. to purchasing eggs from preferred suppliers who raise their hens in cage-free environments by 2025. Farms today do not yet produce enough cage-free eggs to meet that demand but, by committing to this transition, we are providing suppliers the confidence that there will be a market for cage-free eggs for those who make the necessary investments.
We are also committed to working with our suppliers of animal-based proteins to identify and utilize sustainable and humane practices for raising, housing and processing meat, and to ensure that by 2024, all our chicken in the U.S. will be sourced from Global Animal Partnership (GAP) certified suppliers and processed using a multi-step controlled-atmosphere system.
This commitment is a continued and ongoing quest for improvement, as suppliers continue to make new products available.