Royal Caribbean Group’s (RCL) 15th annual Seastainability Report, which provides an in-depth update on the company’s corporate responsibility strategy and performance across its three wholly owned brands, has identified 2022 as a watershed moment in the company’s advancement of Environmental, Social and Governance 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 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 well-being of its guests and employees, including its commitments to sustainable tourism, protecting the oceans it sails and inspiring and empowering the communities it visits.
Some highlights from the report include setting a short-term target to reduce carbon intensity by double digits by 2025; partnership with Mærsk McKinney Møller Center for Zero Carbon Shipping to develop zero carbon technologies and solutions for the maritime industry; creating a new Executive Diversity Council to prioritise Diversity, Equity and Inclusion initiatives and create accountability, empowering and inspiring employees; growing the number of sustainable tours certified by the Global Sustainable Tourism Council; increasing its sustainable seafood sourcing; renewing its partnership with World Wildlife Fund, and more.
The group’s sustainability journey began over 30 years ago, and is moving closer to its goal of achieving net zero emissions by 2050.