Royal Caribbean Cruises Ltd.

Climate Impact & Sustainability Data (2018)

Achieved an approximate 30% improvement in energy efficiency from 2005 through 2018; believes its energy consumption per guest is currently the lowest in the cruise industry.

Announced "Royal Amplified" and "Celebrity Revolution" modernization programs to upgrade vessels across their fleet; focuses on attracting, engaging, and retaining key employees; has robust Onboard Cruise Sales department to help guests book their next cruise vacations while onboard.

Annually publishes a Sustainability Report that complies with the guidelines of the Global Reporting Initiative; maintains strong relationships with travel agencies; has a dedicated Safety, Environment and Health Department.

Adverse worldwide economic or other conditions could reduce the demand for cruises and passenger spending; fears of terrorist attacks, war, and other hostilities; fluctuations in foreign currency exchange rates, fuel prices and interest rates; conducting business globally may result in increased costs and other risks; price increases for commercial airline service; incidents or adverse publicity; increase in capacity worldwide; unavailability of ports of call; reliance on shipyards, their subcontractors and suppliers; competition from other cruise lines and vacation alternatives; inability to obtain sufficient financing; inability to satisfy covenants required by credit facilities; expansion into new markets and ventures may not be successful; reliance on travel agencies; disruptions in operations or information systems; loss of key personnel; business activities involving co-investments with third parties; past or pending business acquisitions; reliance on supply chain vendors and third-party service providers; inability to keep pace with technological developments; exposure to cyber-attacks and data breaches; potential unavailability of insurance coverage; environmental, labor, health and safety regulations; change in tax status.

Adopted numerous initiatives to reduce energy consumption and fuel costs; adopted strategies to control operating costs; maintains a strong liquidity position; invests in fleet upgrade and maintenance; deploys ships to optimize returns; invests in technology; maintains strong relationships with travel agencies; enhances consumer outreach programs; mitigates the impact of winter weather in the Northern Hemisphere by focusing on deployment in the Caribbean, Asia and Australia; actively assists or invests in the development or enhancement of certain port facilities; invests in cyber security and data privacy; maintains appropriate insurance coverage; takes actions to mitigate the potential impact of environmental regulations; hedging activities to limit exposure to fluctuations in foreign currency exchange rates and fuel prices.

Climate Change Data