Royal Caribbean Sustainability Evolves
Royal Caribbean Group released its 15th annual Sustainability Report, providing an update on the company’s corporate responsibility strategy and performance. The report highlights the company’s progress in reducing emissions, promoting the safety and well-being of its guests and employees, and protecting the oceans it sails.
In 2022, the company marked the 30th anniversary of its first environmental program, Save the Waves. The program works to protect coastal ecosystems and communities around the world. The company also published its first Task Force on Climate-Related Financial Disclosures (TCFD) report, which outlines its plans to reduce greenhouse gas emissions.
Highlights from the report include:
- Setting a short-term target to reduce carbon intensity by double digits by 2025, compared to 2019, that advances the company’s vision for net zero emissions by 2050 — Destination Net Zero
- Signing a partnership agreement with Mærsk McKinney Møller Center for Zero Carbon Shipping to develop zero carbon technologies and solutions for the maritime industry
- Completing the first renewable diesel pilot in the U.S. on Royal Caribbean Group’s Navigator of the Seas
- Introducing the world’s first net-zero cruise terminal in Galveston, Texas, extending the company’s efforts and strategies from its ships to its shoreside operations
- Creating a new Executive Diversity Council to prioritize DEI (Diversity, Equity, and Inclusion) initiatives and create accountability, empowering and inspiring employees
- Confirming U.S. shoreside gender pay equity analysis shows that 99.98% of women are equally compensated compared to male employees at Royal Caribbean Group
- Launching the Royal Caribbean Kickstarter Program supporting tourism-related entrepreneurs in The Bahamas with training and seed-funding, empowering the communities the company visits
- Growing the number of sustainable tours certified by the Global Sustainable Tourism Council (GSTC) – now more than 3,500 around the world
- Increasing its sustainable seafood sourcing – 83% Marine Stewardship Council (MSC) and 75% Aquaculture Stewardship Council (ASC) certified
- Renewing its partnership with World Wildlife Fund (WWF) and committing an additional $5 million to preserve ocean health