Norwegian increases company score in CDP global climate ranking

posted on 19th December 2022 by Eddie Saunders
Norwegian increases company score in CDP global climate ranking

Norwegian has received the best possible score for its emission reduction initiatives as part of the company’s ranking through this year’s CDP global climate ranking.

The score is made up of results in several categories with Norwegian receiving an overall B-, and is an important acknowledgement of the company’s efforts to reduce carbon emissions.

Norwegian received an overall B- in CDP’s global climate ranking. CDP (Carbon Disclosure Project) is a global non-profit environmental organization that holds the largest environmental database in the world.

According to the CDP score report, Norwegian is taking coordinated action on climate issues. In the category “emission reduction initiatives” Norwegian received an A, the best possible score in the ranking. For its “business strategy, financial planning and scenario analysis” the company received an A-.

The score also shows a significant improvement since 2021, when Norwegian first disclosed through CDP.

“The CDP ranking means a lot to us, and it is extremely motivating to see the improvement over the past year. Norwegian has committed to the highly ambitious target of reducing carbon emissions by 45 percent within 2030”, says Anders Fagernæs, Vice President Sustainability at Norwegian.

“Along with targeted measures such as a brand-new aircraft fleet, more sustainable aviation fuel and advanced weather systems for more fuel-efficient navigation, we believe that transparency, reporting and openness are key to becoming the preferred choice for sustainable air travel.”

Transparency is key to sustainable development

Working with CDP is a central element in Norwegian’s response to the increasing demand for environmental transparency from investors, financial institutions, customers and policymakers.

“Norwegian started disclosing its efforts to tackle climate change in 2021 and has made considerable progress in just a year. The aviation industry still has a way to go, but we are heading in the right direction”, says Fagernæs.

Dexter Galvin, Global Director of Corporations and Supply Chains at CDP, commented, “Another year of extreme weather, including floods, droughts and record temperatures, has shown us that climate change is already posing a real and increasing risk to companies and their supply chains.

“Companies have a fundamental role to play in securing a sustainable net-zero, deforestation-free and water-secure world.

“It is only through measuring their environmental impact, risks and opportunities that they can manage them and prepare for the future.

“By disclosing through CDP, Norwegian has taken a vital first step.

“I look forward to their continued dedication to transparency and action for the benefit of all people and planet.”