Norwegian Cruise Line Holdings Ltd.
NCLH
Consumer Discretionary
2
exclusion reasons
2 themes
Norwegian Cruise Line Holdings Ltd. is screened out under 2 exclusion reasons spanning 2 issue categories.
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.
Norwegian Cruise Line actively markets captive dolphin and sea lion interaction excursions in Mexico (Puerto Vallarta, Cozumel) while Mexican law has changed to prohibit certain forms of human-cetacean interaction; NCL booking platforms have not been updated to reflect changing legal status; company simultaneously markets "no live animals onboard" programming to project an innovation narrative while revenue-generating shore excursion portfolio maintains captive animal dependency — creating a material greenwashing contradiction
Norwegian Cruise Line Holdings Ltd. appears on the Cruelty Free Investors list for using animals in entertainment. The company derives revenue from live-animal performances or exhibitions, practices the Cruelty Free Investors methodology classifies as exploitative.
Research Sources
2 organizations
Related Exclusions
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
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