ROYAL CARIBBEAN CRUISES LTD
Royal Caribbean Cruises Ltd., headquartered in the United States, is a leading player in the sea and coastal water transportation services industry. Founded in 1968, the company has grown to become a prominent name in the cruise sector, operating a diverse fleet of innovative ships that cater to millions of passengers annually.
With a focus on providing unique and memorable experiences, Royal Caribbean offers a range of services, including luxurious accommodations, world-class dining, and a variety of entertainment options. The company is renowned for its groundbreaking ships, such as the Oasis and Quantum classes, which feature cutting-edge technology and amenities.
Royal Caribbean's commitment to excellence has solidified its market position, making it one of the largest cruise lines globally, with operations spanning the Caribbean, Europe, and beyond. Notable achievements include consistently high customer satisfaction ratings and a strong emphasis on sustainability initiatives within the industry.
-2 vs industry average
ROYAL CARIBBEAN CRUISES LTD’s score of 6 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Maritime Transport is among the most carbon-intensive industries
Industry performance
The Maritime Transport industry has increased its overall emissions by 30% since 2019
Reported emissions
Scope 3 accounts for ••• of total emissions.
ROYAL CARIBBEAN CRUISES LTD's reported carbon emissions
Royal Caribbean Cruises Ltd: Carbon Emissions and Climate Commitments
Headquartered in the US and operating within the sea and coastal water transportation services industry, Royal Caribbean Cruises Ltd (RCL) has reported its carbon emissions for several years.
Emissions Data:
- 2019: Total global emissions were approximately 4.83 billion kg CO2e. This comprised about 4.82 billion kg CO2e from Scope 1 emissions and approximately 14.5 million kg CO2e from Scope 2 emissions (location-based). Market-based Scope 2 emissions were around 15.3 million kg CO2e.
- 2018: Total global emissions were approximately 4.38 billion kg CO2e, with Scope 1 emissions accounting for about 4.37 billion kg CO2e and Scope 2 emissions at approximately 13.9 million kg CO2e.
- 2017: Total global emissions were approximately 4.23 billion kg CO2e, with Scope 1 emissions totalling about 4.24 billion kg CO2e and Scope 2 emissions at approximately 10.5 million kg CO2e.
- 2016: Total global emissions were approximately 4.46 billion kg CO2e, consisting of about 4.45 billion kg CO2e from Scope 1 and approximately 10.3 million kg CO2e from Scope 2.
- 2015: Total global emissions amounted to approximately 4.46 billion kg CO2e, with Scope 1 emissions at about 4.45 billion kg CO2e and Scope 2 emissions around 10.8 million kg CO2e.
- 2014: Total emissions (Scope 1 and 2 combined) were approximately 4.42 billion kg CO2e, with Scope 1 emissions at about 4.40 billion kg CO2e and Scope 2 emissions around 10.6 million kg CO2e.
- 2013: Total emissions (Scope 1 and 2 combined) were approximately 4.34 billion kg CO2e, with Scope 1 emissions at about 4.27 billion kg CO2e and Scope 2 emissions around 10.8 million kg CO2e.
- 2012: Total emissions (Scope 1 and 2 combined) were approximately 4.42 billion kg CO2e, with Scope 1 emissions at about 4.42 billion kg CO2e and Scope 2 emissions around 0.97 million kg CO2e.
RCL's reporting indicates that Scope 3 emissions data is not currently disclosed.
Climate Commitments and Reduction Targets:
Information on specific reduction targets, such as Science Based Targets initiative (SBTi) commitments or participation in climate pledges, is not available in the provided data. However, the company does report emissions intensity metrics, including "Emissions intensity in kg CO2e per ALB-km" and "Emissions intensity in Tons of CO2e per 1,000 available cabin days," suggesting a focus on efficiency within its operations. These intensity metrics provide context for the company's environmental performance over time.
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ROYAL CARIBBEAN CRUISES LTD’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for ROYAL CARIBBEAN CRUISES LTD yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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