Royal Caribbean

Royal Caribbean, a US-headquartered company in the sea and coastal water transportation services industry, reported total emissions of approximately 11.38 billion kg CO2e in 2023. This includes Scope 1 emissions of about 5.38 billion kg CO2e, Scope 2 emissions (market-based) of approximately 10.22 million kg CO2e, and Scope 3 emissions of roughly 5.99 billion kg CO2e.

Looking back, in 2019, the company's total emissions were approximately 9.64 billion kg CO2e, with Scope 1 emissions at about 4.82 billion kg CO2e, Scope 2 (market-based) at around 15.25 million kg CO2e, and Scope 3 at roughly 4.80 billion kg CO2e.

Royal Caribbean has established a commitment to reduce the greenhouse gas (GHG) emissions intensity of its operations by 35% by 2020, using a 2005 baseline. This target, which covers all scopes, was part of a five-year partnership with the World Wildlife Fund (WWF). As of 2018, the company had reportedly achieved a 37% reduction in GHG intensity. Additionally, in 2016, the company set a near-term goal to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 35% by 2020.