We take an integrated approach to oversight, risk management and stakeholder engagement and embed appropriate policies and practices for ethics, compliance and data security within our operations.
In 2023, we were recognized as one of the World’s Most Ethical Companies by the Ethisphere Institute for the eighth year in a row.
We released an updated Code of Business Conduct and Ethics in early 2023, reinforcing our commitment to ethics and compliance for all shipboard and shoreside employees.
Integrating ESG risk
We began a more comprehensive effort to integrate ESG risk into our enterprise risk management system this year, starting with mapping our climate risks to various risk owners and developing action plans for mitigation. Our Enterprise Risk Management team leverages these risk assessments to inform and focus our risk monitoring and internal audit activitiesRead more on page 54 of our 2022 ESG Report
To help us better understand our climate risks, we also conducted a qualitative climate-scenario analysis in 2022. Among the risks we identified were potential disruptions and uncertainties from climate-related weather events; operating and compliance costs associated with meeting climate-related regulations; acute physical risks to our infrastructure and destinations from hurricanes and extreme weather events; and long-term shifts in sea-level rise that threaten the viability of our terminals, destination ports and private destinations.
Sustainability Fact Sheets
Learn more about our strategies, initiatives and approach to ESG across our business with our 2022 fact sheets.