Norwegian Cruise Line Holdings (NCLH) has reinforced its commitment to advancing the company’s ‘Environmental, Social and Governance’ (ESG) strategy with the creation of a new function focusing exclusively on ESG initiatives.
The department will be led by long-time company leader and cruise industry veteran Andrea DeMarco (pictured) who was recently appointed Senior Vice President, ESG, Investor Relations and Corporate Communications.
“We are committed to driving a positive impact on society and the environment through the advancement of our global ESG strategy with the creation of a team dedicated to this task,” said Frank Del Rio, NCLH president and CEO. “It is critical for companies to take an active approach to ESG and our expanded leadership and allocation of resources will help to co-ordinate our company-wide sustainability efforts.”
The new ESG function will co-ordinate closely with departments across the organisation including Health, Medical, Safety and Environmental Operations, Human Resources, Supply Chain and Legal.
Reporting to DeMarco in a newly created role, Beau Daane has joined the team as Senior Director, ESG, focusing on enhancing and delivering on the company’s strategy.
This new department will be responsible for all updates to the Board, including the Technology, Environmental, Safety and Security (TESS) Committee. The TESS Committee was formed in 2019 and oversees matters related to corporate social responsibility and sustainability.
DeMarco has held a variety of roles during her 18-year career in the cruise industry and will head the company’s ESG initiatives while also maintaining leadership over the Investor Relations and Corporate Communications departments.
She has been with company since 2012 and was an integral part of its initial public offering in 2013 and the acquisition of Prestige in 2014.
“I am honoured to lead this new function and look forward to collaborating with our internal and external stakeholders to build upon our ESG roadmap,” she said.