In 2024, Royal Caribbean Cruises completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Royal Caribbean Cruises has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 5,696,852a | 5,375,318a | 4,979,842a | |
Total Scope 2 | ||||
Market-Based | 11,227a | 10,219a | 10,167a | |
Location-Based | 10,939a | 10,166a | 10,100a | |
Total Scope 3 | 7,335,557a | 5,993,964a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 345.5779a | 386.7135a | 563.3305a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Royal Caribbean Cruises amounted to 5,707,791 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Royal Caribbean Cruises increased by 5.98%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Royal Caribbean Cruises were 5,696,852 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Royal Caribbean Cruises's Scope 1 emissions have increased by 18.19%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Royal Caribbean Cruises's Scope 1 emissions increased by 5.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Royal Caribbean Cruises reported Scope 2 greenhouse gas (GHG) emissions of 11,227 tCO₂e using the market-based method and 10,939 tCO₂e using the location-based method.a
Since 2019, Royal Caribbean Cruises's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 24.51%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Royal Caribbean Cruises's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Royal Caribbean Cruises's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Royal Caribbean Cruises reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Royal Caribbean Cruises reported 7,335,557 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Royal Caribbean Cruises includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Royal Caribbean Cruises reported total Scope 3 emissions of 7,335,557 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Royal Caribbean Cruises's Scope 3 emissions have increased by 52.81%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Royal Caribbean Cruises's Scope 3 emissions increased by 22.38%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Royal Caribbean Cruises reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Royal Caribbean Cruises's Scope 3 emissions were:a
In 2024, Royal Caribbean Cruises reported Scope 1 greenhouse gas (GHG) emissions of 5,696,852 tCO₂e and total revenues of USD 16,485 millions. This translates into an emissions intensity of 345.58 tCO₂e per millions USD.a
In 2024, Royal Caribbean Cruises reported a Scope 1 emissions intensity of 345.58 tCO₂e per millions USD. Compared to the peer group median of 0.44, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Royal Caribbean Cruises ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Royal Caribbean Cruises among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Royal Caribbean Cruises reported a total carbon footprint of 13,043,348 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.62% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Royal Caribbean Cruises's total carbon footprint was Scope 3 emissions, accounting for 56.24% of the company's total carbon footprint, followed by Scope 1 emissions at 43.68%.a