Royal Caribbean Cruises Ltd

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Moderate	Royal Caribbean Cruises Ltd offers a moderate level of transparency around its climate-policy lobbying. The company names two identifiable regulatory initiatives it engages on—the “IMO carbon intensity target of 40% for 2030 and absolute target of 50% by 2050 (2008 baseline)” and the European Union’s “Monitoring, Reporting and Verification (MRV)” scheme—demonstrating clarity about the policy arenas it seeks to influence. It is particularly forthcoming about how it lobbies, noting that it is “attending various national and international regulatory meetings such as International Maritime Organizations (IMO)’s working group on carbon monitoring, the European Union’s Monitoring, Reporting and Verification (MRV) workshop and its European Sustainable Shipping Forum (ESSF)” and that it submits written input “during public and workshop members' comment periods,” thereby disclosing multiple, specific mechanisms as well as the concrete targets of those efforts (the IMO and the European Union). Where the disclosure is weaker is in explaining what it hopes to achieve: beyond the broad statement that “we do feel that whatever the solution may be that continues to push forward the overall efficiency of shipping,” the company does not set out measurable policy changes or amendments it advocates for. As a result, while the mechanisms and policy arenas are clearly laid out, the desired outcomes of those engagements remain only generally expressed.	2

Lobbying Governance

Overall Assessment	Comment	Score
None	Royal Caribbean Cruises Ltd reports that it “has participated in policy discussions by attending various national and international regulatory meetings such as International Maritime Organization’s working group on carbon monitoring, the European Union’s Monitoring, Reporting and Verification (MRV) workshop and its European Sustainable Shipping Forum (ESSF),” and that it “provided comments during public and workshop members comment periods for the purposed IMO Carbon Monitoring, European Union’s MRV and ESSF.” However, the company does not disclose any internal governance processes—such as a review procedure or oversight body—to ensure that these engagement activities are aligned with its climate change strategy, nor does it name anyone responsible for monitoring or approving its policy engagement efforts.	0