MIAMI, April 20, 2023 – Royal Caribbean Group (NYSE: RCL) released its 15th annual Seastainability Report today, providing an in-depth update on the company’s corporate responsibility strategy and performance across its three wholly owned brands – Royal Caribbean International, Celebrity Cruises and Silversea Cruises.
2022 marked a watershed moment in the company’s advancement of Environmental, Social and Governance (ESG) efforts. Defining events include the 30th anniversary of the company’s first environmental program, Save the Waves, and the publication of the first Task Force on Climate-Related Financial Disclosures (TCFD) report, published with the 2022 Seastainability Report.
“As we advance on our sustainability journey, our strategic priorities remain rooted in creating business value and uplifting our employees, guests and the communities we visit,” said Jason Liberty, president and CEO, Royal Caribbean Group. “Through collaboration and innovation, we continue to make great strides on our commitment of delivering great vacation experiences responsibly.”
The targets and strategies laid out in the annual report highlight Royal Caribbean Group’s progress to reduce emissions, promote the safety and wellbeing of its guests and employees, including its commitments to sustainable tourism, protecting the oceans it sails and inspiring and empowering the communities it visits.
Highlights from the report include:
The report references the guidelines of the Global Reporting Initiative (GRI) and is aligned with the Sustainability Accounting Standards Board (SASB) standards for Cruise Lines.
With a sustainability journey that began over 30 years ago, Royal Caribbean Group has remained steadfast in its commitment to innovate and advance the solutions necessary for a better future. Building on a robust portfolio of technologies that improve energy efficiency, water treatment, and waste management, it has worked to introduce environmentally friendly ships that move the company closer to achieving Destinations Net Zero, the company’s vision for net zero emissions by 2050.
Visit www.royalcaribbeangroup.com/sustainability to dive deeper into Royal Caribbean Group's 2022 Seastainability Report and learn more about the company's positive impact activities.
About Royal Caribbean Group
Royal Caribbean Group (NYSE: RCL) is one of the leading cruise companies in the world with a global fleet of 64 ships traveling to approximately 1,000 destinations around the world. Royal Caribbean Group is the owner and operator of three award winning cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, the brands have an additional 10 ships on order as of December 31, 2022. Learn more at www.royalcaribbeangroup.com or www.rclinvestor.com.