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CONCERNING THE METHOD

Costa Crociere S.p.A.’s Sustainability databases, and validated by the data the GRI-G4 guidelines. of whether the results are favorable or
Report 2017 (hereinafter “the Report” owners. The report boundary covers The in-depth discussion of certain topics unfavorable compared with previous
or “the document”) is the twelfth edition operations and activities performed also voluntarily takes into account the reporting periods. Where meaningful
of this document, which is designed to in 2017 by Costa Cruises (referred issues dealt with by Legislative Decree comparison is not possible, this is due to:
provide stakeholders with a complete to herein both as a brand and as a no. 254/2016, which transposes into information not reported in previous
as possible account of the economic, company). Conversely, the Added Value Italian law the European Directive on non- years and which would have been
environmental and social impacts of the and financial data concern the parent financial reporting. impractical to collect;
different activities performed by the company (Costa Crociere S.p.A.) and Costa Cruises’ sustainability framework use of different calculation methods
Company. The Report is drawn up in the brands Costa Cruises and AIDA, and also includes a discussion of the issues from those adopted previously. For
accordance with the G4 Sustainability refer to the civil code balance sheet as identified by Carnival Corporation & some indicators, only qualitative
Reporting Guidelines prepared by the approved by the Shareholders’ Meeting. plc. This led to the development and information about results or outcomes
Global Reporting Initiative (GRI) , with Where information pertains to any other review of the sustainability plan and the is presented.
1
a compliance level “in accordance-core”. definition of the report boundary, specific sustainability strategy.
The matters reported in the document are mention of this is made in the discussion Accuracy and reliability
linked to the Sustainable Development of the particular performance indicator Clarity
Goals (SDGs) launched by the United concerned. For the sake of completeness The Report is prepared in consultation
Nations in 2015 as part of the 2030 and internally consistent presentation of The Sustainability Report is designed with the functions concerned and the
Agenda, which lays down 169 targets for information, the organizational dimension so as to be readily understandable and Group’s top management and has been
humanity and the planet, thus constituting includes data updated at the time of issue it is written in plain, simple language approved by Costa Crociere S.p.A.’s legal
a veritable call to action for the public of the Report (March 2018). mirroring the style used in Costa’s representatives.
sector, the business world and civil The main reporting principles, in institutional communication generally. It The Sustainability Report has been
society. Costa is working to help achieve accordance with those laid down by the is published in English as well as Italian. externally audited by the independent
the Sustainable Development Agenda by GRI and appropriately applied and adapted Where relevant, the Report provides links auditors PricewaterhouseCoopers.
2030 and the Company’s performance in to Costa Cruises’ operating context, are to other documents or websites, including
2017 should be interpreted and measured set out below. For details of the proper references to non-Company sources. Timeliness
in terms of its efforts in this direction. coverage of the standard disclosures and
indicators, see the table in the appendix. Balance and comparability This edition of the Sustainability Report
Report boundary and reporting is published in digital form and can be
process Sustainability context and Where available, figures are provided downloaded from the Company’s website.
materiality illustrating the trends for the 3-year period It is also sent by email to key stakeholders.
The Sustainability Report is drawn 2015-2017. The Report discloses all For information contact the Sustainability
up annually by Costa Crociere S.p.A.’s The choice of topics dealt with, as well relevant indicators and topics, irrespective Department - sustainability@costa.it
Sustainability Department, which engages as the scope and range of performance
the relevant corporate functions involved indicators, are consistent with the material 1 The Global Reporting Initiative is an independent standards organization involving an international multi-
in the data gathering process. The issues for the Company and linked to stakeholder consultation process for the development and dissemination of guidelines for sustainability reporting.
The resulting comprehensive Sustainability Reporting Framework is widely used around the world. It includes the
information presented has been obtained the aspects defined by the G4 “Specific Reporting Guidelines, setting out the Principles and Indicators organizations can use to measure and report their
from Costa’s in-house IT systems and Standard Disclosures”, in accordance with economic, environmental and social performance. In this way, Sustainability Reports can be used to compare
performance within an organization and between different organizations over time.