Sustainability Report Fiscal Year 2010 CARNIVAL CORPORATION & PLC • Sustainability Report, Fiscal Year 2010 Contents and GRI G3 References Page No. 1 Strategy and Analysis ......................................................................................................................... 5 1.1 Statement by Chairman and CEO ............................................................................................ 5 1.2 Key Impacts, Risks and Opportunities ..................................................................................... 7 2 About Carnival Corporation & plc ................................................................................................. 11 2.1 Company Name ......................................................................................................................... 11 2.2 Primary Brands and Services .................................................................................................. 11 2.3 Operational Structure ............................................................................................................... 11 2.4 Headquarters ............................................................................................................................. 12 2.5 Countries of Operation ............................................................................................................. 12 2.6 Legal Form ................................................................................................................................ 12 2.7 Markets Served ......................................................................................................................... 12 2.8 Scale of Organization ................................................................................................................ 13 2.9 Significant Changes................................................................................................................... 13 2.10 Awards and Recognition .......................................................................................................... 13 2.11 Additional Disclosures .............................................................................................................. 16 3 About This Report ............................................................................................................................ 17 3.1 Reporting Period ....................................................................................................................... 17 3.2 Previous Reports ....................................................................................................................... 17 3.3 Reporting Cycle ......................................................................................................................... 17 3.4 Contact Point ............................................................................................................................. 17 3.5 Defining Report Content .......................................................................................................... 17 3.6 Report Boundary ...................................................................................................................... 18 3.7 Limit on Report Scope .............................................................................................................. 18 3.8 Basis for Reporting ................................................................................................................... 18 3.9 Data Measurement and Calculations ...................................................................................... 18 3.10 Restatements .............................................................................................................................. 19 3.11 Changes from Previous Reporting Periods ............................................................................. 19 3.12 GRI Content Index ................................................................................................................... 19 3.13 Assurance Practices .................................................................................................................. 19 1 CARNIVAL CORPORATION & PLC • Sustainability Report, Fiscal Year 2010 4 Governance, Commitments and Engagement ................................................................................ 21 4.1 Governance Structure, Committees ...................................................................................... 21 4.2 Chair/CEO Separation ............................................................................................................. 21 4.3 Board Members ......................................................................................................................... 21 4.4 Communication with Boards ................................................................................................... 21 4.5 Compensation Linkage ............................................................................................................. 21 4.6 Conflicts of Interest ................................................................................................................... 21 4.7 Board Qualifications ................................................................................................................. 21 4.8 Economic, Environmental and Social Values ......................................................................... 21 4.9 Economic, Environmental and Social Oversight .................................................................... 23 4.10 Board Evaluation ...................................................................................................................... 24 4.11 Commitments to External Initiatives - Precautionary Approach ........................................ 24 4.12 Commitments to External Initiatives - Mandatory and Voluntary ...................................... 24 4.13 Commitments to External Initiatives - Memberships ............................................................ 28 4.14 Stakeholder Engagement - Stakeholders Engaged ................................................................ 28 4.15 Stakeholder Identification and Selection ................................................................................ 29 4.16 Approaches to Stakeholder Engagement ................................................................................ 30 4.17 Stakeholder Engagement Results ............................................................................................ 30 5 Management Approach and Performance Indicators ................................................................... 31 5.1 Economic Performance Indicators .......................................................................................... 31 5.1.1 Economic Value Generated (EC1) .................................................................................................................. 31 5.2 Environmental Performance Indicators ................................................................................. 33 5.2.1 Management Approach ................................................................................................................................... 33 5.2.2 Direct Energy Use (EN3) ................................................................................................................................. 35 5.2.3 Indirect Energy Use (EN4) .............................................................................................................................. 37 5.2.4 Energy Savings Initiatives and Results (EN6) ............................................................................................... 38 5.2.5 Water Consumption (EN8) ............................................................................................................................. 39 5.2.6 Biodiversity - Habitats Protected/ Restored (EN13) ..................................................................................... 41 5.2.7 Direct and Indirect Greenhouse Gas Emissions (EN16) ............................................................................... 44 5.2.8 Greenhouse Gas (GHG) Reductions (EN18).................................................................................................. 50 5.2.9 Ozone-Depleting Substances (EN19) .............................................................................................................. 51 5.2.10 NOx, SOx and Other Significant Air Emissions (EN20) ............................................................................... 52 5.2.11 Shipboard Wastewater Management (EN21) ................................................................................................ 57 5.2.12 Shipboard Waste Management (EN22) .......................................................................................................... 62 5.2.13 Significant Spills (EN23) .................................................................................................................................. 66 2 CARNIVAL CORPORATION & PLC • Sustainability Report, Fiscal Year 2010 5.2.14 Environmental Impact Mitigation (EN26) ..................................................................................................... 67 5.2.15 Environmental Compliance (EN28) ............................................................................................................... 67 5.3 Labor Practices and Decent Work .........................................................................................