In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Royal Caribbean Cruises amounted to 5,385,484 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 2022, the total operational greenhouse gas (GHG) emissions of Royal Caribbean Cruises increased by 7.93%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2023, the total Scope 1 emissions of Royal Caribbean Cruises were 5,375,318 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Royal Caribbean Cruises's Scope 1 emissions have increased by 11.51%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Royal Caribbean Cruises's Scope 1 emissions increased by 7.94%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, Royal Caribbean Cruises reported Scope 2 greenhouse gas (GHG) emissions of 10,219 tCO₂e using the market-based method and 10,166 tCO₂e using the location-based method. a
Since 2019, Royal Caribbean Cruises's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 29.84%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), 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 2023, Royal Caribbean Cruises reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, Royal Caribbean Cruises reported 5,993,964 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 2023 disclosure of Royal Caribbean Cruises includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2023, Royal Caribbean Cruises reported total Scope 3 emissions of 5,993,964 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 24.86%, reflecting a rising long-term trend in Scope 3 emissions over time. a
In 2023, 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 2023, the largest contributors to Royal Caribbean Cruises's Scope 3 emissions were: a
In 2023, Royal Caribbean Cruises reported Scope 1 greenhouse gas (GHG) emissions of 5,375,318 tCO₂e and total revenues of USD 13,900 millions. This translates into an emissions intensity of 386.71 tCO₂e per millions USD. a
In 2023, Royal Caribbean Cruises reported a Scope 1 emissions intensity of 386.71 tCO₂e per millions USD. Compared to the peer group median of 5.59 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Royal Caribbean Cruises ranked 24 out of 24 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 2023, Royal Caribbean Cruises reported a total carbon footprint of 11,379,448 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 128.05% increase compared to 2022, 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 52.67% of the company's total carbon footprint, followed by Scope 1 emissions at 47.24%. a