Page 24 - SUSTAINABILITY REPORT 2016

GOVERNANCE 25

Costa Cruises’ commitment to the

Sustainable Development Goals (SDGs)

The need to reconcile economic growth The part played by business in advancing accordance with Costa’s commitment SDGs: KEY DIMENSIONS
with far-reaching social and environmental sustainable development to prevent to the SDGs means identifying potential
questions is something that involves global instability is crucial. The private areas of improvement in its operational
institutional stakeholders, third sector sector has a strategic role in jump- plan and, above all, taking advantage 2
operators, civil society as a whole and starting progress in this area, on account of the opportunities for long-term
enterprises, particularly those operating both of its fi nancial resources and of its development. This approach entails a
on a global scale. This multi-stakeholder investment in innovation, technological step change in relations with external
approach to the challenges posed has led development and economic growth. stakeholders, focusing on innovation and
recently to two summit meetings with key Though fundamental, the actions of doing business according to transparent
decisions redefi ning and re-launching the corporations are insuffi cient on their governance models. Based on this MOST
global sustainability agenda: own to advance the global sustainability MATERIAL SDGS
. the adoption of the United Nations agenda. A necessary condition for long- logic, Costa Cruises has carried out in- 1 FOR THE
BUSINESS
Sustainable Development goals (SDGs), term sustainable growth is that global depth analysis of the actions taken to OPERATIONAL RISK LICENSE-TO-OPERATE
date as well as the Company’s future
which offi cially came into force at the eff orts to secure a truly sustainable and
beginning of 2016; prosperous future for all are made by all commitments, classifying them in terms
. the UN climate change conference, parts of society. of their materiality according to three

which gave rise to the Paris Agreement Costa Cruises is aware that the UN key dimensions for development of the INNOVATION AND GROWTH
to limit the global temperature increase Global Goals constitute an important business.
(COP21), followed up in 2016 by the opportunity to review its strategies
marrakech Climate Change Conference with regard to sustainability issues.
(COP22). Rethinking the role of the business in 3

3 Source: Business & Sustainable
Development Commission – Better Business
Better World The Sustainable Development goals (SDgs)

In September 2015 more than 190 countries met at the United Nations in order to discuss global
development, ending poverty and protecting the environment. They signed up to the 2030 Agenda for
sustainable development, summarized in the 17 Sustainable Development goals. Also known as the
Global Goals, the SDGs are the UN’s invitation to the business community to incorporate creativity and
innovation in business solutions designed to accelerate progress towards this positive vision for the future.
Achieving the Global Goals opens up an economic prize of some US$12 trillion by 2030 and could create
380 million new jobs . Designing business strategies to achieve the Sustainable Development Goals means
3
– on the one hand – gearing the fi nancial system to a long-term approach aimed at constructive dialogue
with the other parts of civil society, consumers and public bodies, thus building relations based on trust
and – on the other – driving the transformation to sustainable markets and working with government
agencies to ensure the most effi cient and correct use of human and natural resources.
Costa Cruises has begun to reinterpret and review its commitments in line with the SDGs as well as with
the Carnival Corporation & plc 2020 Sustainability goals. (www.carnivalcorp.com)