Fair Money & Economic Opportunity

Carnival PLC is a global cruise company, and its core business does not involve offering financial services such as lending, deposit accounts, or insurance products to consumers.

The provided articles confirm its primary revenue sources are passenger ticket sales and onboard spending. Therefore, all KPIs related to financial products, pricing, fees, debt, financial literacy, and financial data accessibility are not applicable to its operations. While the company engages in diversity and inclusion initiatives for its workforce and contributes to local economies through tourism and job creation, these activities do not directly relate to the financial inclusion or lending-focused metrics of the 'Fair Money & Economic Opportunity' value, which specifically evaluates how financial institutions democratize access to fair financial services.

Fair Pay & Worker Respect

As of April 5, 2023, women's median hourly pay was 62p for every £1 earned by men.

Women's median bonus pay was 71% lower than men's, and their mean hourly pay was 34% lower than men's.

Honest & Fair Business

Carnival PLC operates a formal whistleblower system with a dedicated 24/7 hotline monitored by an independent third party, alongside webpage and mail reporting options.

However, there is no evidence provided regarding independent investigation processes, training, or program effectiveness. The company maintains a no-tolerance policy on bribery and corruption, supported by a Business Partner Code of Conduct and risk-based due diligence for suppliers. The extent of independent verification of ethical claims is approximately 50%, primarily through audits of employment agencies to ensure compliance with the Maritime Labour Convention.

Kind to Animals

In 2023, Carnival PLC achieved 55% cage-free eggs, 34% responsible chicken sourcing, and 40% gestation crate-free pork.

The company has set a target to achieve 100% for all three categories by the end of 2025. For US-sourced chicken, suppliers must be aligned with Global Animal Partnership (GAP) certification or the Better Chicken Commitment.

No War, No Weapons

Carnival Corporation & plc and its subsidiaries donated $3,050,000 to organizations providing humanitarian aid to Ukrainian refugees in March 2022.

This amount is not provided as a proportion of revenue. The company's 'Labor and Human Rights in our Supply Chain Standard' outlines ethical red lines, specifically mentioning a ban on cluster munitions. The company also states compliance with the U.S. Securities and Exchange Commission (SEC) Conflict Minerals Rule, which includes a prohibition on conflict minerals from the DRC and adjoining countries, but does not provide a percentage of its supply chain certified conflict-free.

Planet-Friendly Business

In 2024, Carnival PLC's total Scope 1, 2, and 3 GHG emissions were 18,385,000 tCO2e.

The company has an aspiration to achieve net-zero GHG emissions from ship operations by 2050. It has not committed to SBTi-validated targets, stating that such pathways presume widespread availability of low and zero carbon fuels not yet available at scale for the maritime sector. The Amber Cove solar farm supplies approximately 80% of that port’s energy demand, and three solar farms are expected to generate 2.2 GWh of clean energy annually. The company's water use rate is 51 gallons per person per day, which is 62% of the U.S. EPA national average of 82 gallons per person per day. It produced 88% of its water needs from seawater in 2024. The CSMART Academy has achieved LEED Gold certification. The company recycled 86,000 MT of waste in 2024 and achieved a 44% food waste reduction in 2024 relative to a 2019 baseline, surpassing its 2025 target. Its packaging reduction program with Wärtsilä has cut plastic-based packaging materials by approximately 58%. The company follows the TCFD framework and employs both qualitative and quantitative scenario analyses to evaluate potential climate impacts. It failed 1.5% of Public Health Food Safety and/or Environmental Sanitation Inspections in 2024.

Respect for Cultures & Communities

No cultural appropriation incidents have been reported.

Approximately 90% of employees at the company's owned ports and exclusive destinations are local. A whistleblower system with a dedicated 24/7 hotline and website is available, receiving 1,597 calls in 2023. Costa Cruises' "Traditions in the Future" project supports the preservation of traditional arts and crafts, which represents a specific cultural preservation investment. The company works with over 1,000 Alaskan vendors and prioritizes local sourcing. It actively protects cultural sites by preserving a 100-acre wetland area and creating a nature path. The company donated $3.6 million to St. Jude Children’s Research Hospital and over $900,000 through "On Deck for a Cause" in 2023, which are general charitable contributions, not specifically to cultural heritage organizations. Cultural training is provided to employees and crew members, but no completion percentage is given.

Safe & Smart Tech

Carnival PLC reported no material cybersecurity incidents in the last three fiscal years (ending January 2025).

However, between 2019 and 2021, the company experienced four cybersecurity incidents, including two ransomware attacks, which compromised 124 employee email accounts and exposed personal data of 180,000 customers and employees. Regulatory actions included a $5 million penalty from the New York State Department of Financial Services and a $1.25 million settlement with 45 state and local attorneys general. These penalties were for violations such as failure to implement multi-factor authentication (MFA), delayed reporting (10 months for one incident), and inadequate cybersecurity training. The company's CISO holds several certifications including C-CISO, CISSP, CISM, CRISC, CISA, and CIPT. Carnival employs encryption at rest, in flight (TLS 1.2 with 2048-bit RSA), and for backup media, along with data anonymization techniques. The company conducts regular risk assessments, vulnerability assessments, penetration testing, and network monitoring. Employee training on data privacy and cybersecurity is provided during onboarding and regularly, including phishing simulations. Users can access and update profile information, manage location tracking, and device content access permissions. Single sign-on with third-party platforms like Facebook and Google is mentioned. The company states compliance with GDPR, CCPA, and PCI DSS, but faced regulatory penalties for past violations.

Zero Waste & Sustainable Products

Carnival Corporation and its Princess subsidiary have a history of severe environmental violations, including a $20 million criminal penalty in 2019 for dumping plastic waste into the ocean and other pollution, following a previous $40 million fine for similar deliberate acts.

Violations involved illegal dumping of contaminated waste and oil, falsifying records, attempting to cover up practices, and issues dating back to 1993. The company's hazardous waste generation increased from 92,000 metric tons in FY2022 to 102,000 metric tons in FY2024. Despite this, Carnival Corporation achieved a 50% reduction in single-use plastic items in 2021, relative to a 2018 baseline, and has eliminated over 500 million single-use items fleetwide, surpassing its 2030 goal. The company has set ambitious waste reduction targets, including a 50% reduction in food waste per person by 2030 compared to 2019 levels, having already surpassed its interim 2025 target of a 40% reduction by achieving a 44% reduction in 2024. Carnival champions a circular economy model, embedding these principles into its operations, with initiatives such as designing Ecospirits Ecototes for approximately 100 uses and upcycling food scraps into products like vegan soap and biofuel. Numerous waste reduction initiatives have been implemented, including a "Less Left Over" food management strategy, the installation of over 630 biodigesters and more than 90 dehydrators fleetwide, and working with supply chain partners to buy in bulk. Supplier governance is managed through a Responsible Sourcing Policy and Business Partner Code of Conduct and Ethics, which set clear environmental and ethical expectations for its entire supply chain. Customer and crew education programs, including onboard awareness campaigns and communication about waste segregation, encourage active participation in waste reduction and responsible disposal.