Posts Tagged ‘#climatechange’

Royal Caribbean Group Releases 2020 “Seastainability” Report

MIAMI, Sept. 22, 2021 /PRNewswire-HISPANIC PR WIRE/ — Today Royal Caribbean Group (NYSE: RCL) published its 13th annual sustainability report, providing a comprehensive update on the company’s sustainability efforts. In particular, the 2020 report documents that the company has met or exceeded nearly all of its 2020 sustainability targets.

Royal Caribbean Group Releases 2020 “Seastainability” Report

“We believe that what gets measured gets better. Sustainability is a core area for our business, and this report reflects our successes and challenges over the past year,” said Richard Fain, Chairman and CEO, Royal Caribbean Group. “While I’m proud of the progress we have achieved, the importance of this area has grown exponentially. Consistent with our mantra of continuous improvement, we have significantly expanded our aspirations in this critical area and are setting even more aggressive goals for the coming years.”

The report is organized into four main sections conveying Royal Caribbean Group’s strategic approach to sustainability, from emissions reductions to supporting employees and crew in the wake of the COVID-19 pandemic. This year’s report also includes the latest Materiality Assessment as well as additional disclosures in line with the Sustainability Accounting Standards Board (SASB) reporting metrics.

“We are living in an era of profound and interconnected changes, which call for bold and positive action. Our ESG work and goals are focused on ensuring we play a leadership role in contributing to a healthy and thriving workplace, society and environment,” said Silvia M. Garrigo, Chief Environmental, Social and Governance (ESG) Officer, Royal Caribbean Group.

In 2016, in partnership with World Wildlife Fund (WWF), the company set specific, ambitious and measurable 2020 sustainability targets to reduce its environmental footprint, increase sustainable tourism, respect for coastal communities and cultural heritage, and support WWF’s global ocean conservation work. As of this year, Royal Caribbean Group has met or exceeded all of its 2020 goals, with the exception of the sustainable seafood sourcing target, which was impacted by global suspension of service from the pandemic.

The company is working to develop a new set of targets around the reduction of carbon emissions, the sustainable growth and development of our business, sustainable commodity sourcing and tourism, the elimination of single-use plastics, and waste management.

Highlights from the Report
Throughout the pandemic, Royal Caribbean Group continued to address several key issues important to stakeholders, including:

  • Emissions reduction: Royal Caribbean Group achieved its carbon reduction target of 35% and has committed to further reduce emissions 25% by 2025.
    • Royal Caribbean Group’s wind farm project in Kansas, developed in partnership with Southern Power, began operations and generated approximately 242,000 tons of CO2 offsets. It is expected that the wind farm will offset up to 12% of the company’s global emissions each year.
    • Celebrity Apex joined the fleet with shore power connectivity and with an energy efficiency standard (EEDI) 39% more efficient than the current International Maritime Organization (IMO) requirement.
    • Our next class of ships, Icon-Class, expected to launch in 2023, will use cleaner-burning liquefied natural gas and fuel cell technology, which reduces ship emissions.
  • Sustainable sourcing: The company has a commitment to source 90% of wild-caught seafood and 75% of farmed seafood, served on Royal Caribbean Group ships from certified sustainable sources, afirst for the cruise industry.
    • While the global suspension of service delayed this goal, as cruise operations resume, Royal Caribbean Group remains committed to tracing back to its origin the sustainable seafood served across the company’s fleet.
    • Additionally, the company is constantly working to identify sustainable products, from cage-free eggs to humanely raised pork.
  • Circular economy: The company is working to achieve zero waste across the Royal Caribbean Group fleet.
    • Today, 100% of the company’s fleet is equipped to be landfill-free. Only 0.50 pounds of waste are sent to landfill per passenger each day — 80% less than the U.S. average on shore.
    • Whenever possible, the waste on Royal Caribbean Group ships is reused, recycled or converted to energy.
    • The company has removed 60% of single-use plastics from its supply chain.
  • Water and wastewater: Royal Caribbean Group ships work to ensure fresh water on their ships is used sparingly and efficiently.
    • 90% of fresh water is produced on board its ships in order to not deplete local resources.
    • On average, only 66 gallons of water per person per day are used, compared with the U.S. average of 100 gallons per person.
    • Each ship is equipped with a water treatment plant. Advanced wastewater purification systems are designed to be twice as stringent as U.S. federal standards, with a company policy of no untreated waste released into the ocean.

To view Royal Caribbean Group’s 2020 sustainability report and learn more about the company’s efforts, click here.

About Royal Caribbean Group
Royal Caribbean Group (NYSE: RCL) is one of the leading cruise companies in the world with a global fleet of 60 ships traveling to more than 800 destinations around the world. Royal Caribbean Group is the owner and operator of three award-winning cruise brands: Royal Caribbean InternationalCelebrity Cruises, and Silversea Cruises, and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, the brands have an additional 13 ships on order as of June 30, 2021. Learn more at www.royalcaribbeangroup.com or www.rclinvestor.com.

Forward-Looking Statements
Certain statements in this press release constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, the company’s expectations, estimates, forecasts and projections regarding environmental, social and governance (ESG) initiatives and the company’s ability to achieve its ESG goals. Forward-looking statements reflect management’s current expectations and are subject to risks, uncertainties and other factors that could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Factors that could affect our results include, among others, those discussed under the caption “Risk Factors” in our most recent annual report on Form 10-K, as well as our other filings with the SEC, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC’s website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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Caribbean Artists And TikTok Influencers Join Forces To Communicate Hurricane Season

CaribPR Wire, NEW YORK, NY, Tues. June 29, 2021: TikTok Influencers, top West Indian cricketers and music stars are joining arms as the new “Disaster Fighters,” a team of influential figures, to disseminate informational messages on fighting the impact of hurricanes, volcanic eruptions, COVID-19 and other hazards.

Starting June 28th, West Indian cricketers, DJ Bravo of Trinidad and Tobago; St. Lucia’s Daren Sammy, and St. Kitts & Nevis’ Kieran Powell, have joined forces with musicians, Mr Killa of Grenada, Tafa Mi Soleil of Haiti and Ricky T of St. Lucia, for the TikTok campaign kick-off.

Popular Caribbean TikTok creators will go live and connect directly with the audience in real time to help spread hurricane preparedness messages and hear about the personal experiences of those who have lived through disasters. They will also invite users to show their support for the Disaster Fighters campaign by creating videos using the hashtags, #DisasterFighters and #HurricaneSeason.

A TikTok Challenge #MakeAPlan will be launched to inspire and encourage the general population in order to raise awareness about hurricane preparedness through creating and sharing creative videos, singing the famous Jahmar Hamilton phrase: “Make A Plan,” in a 10-second segment of the Disaster Fighters song.

The 2021 hurricane season runs from June 1st to November 30th. The impact of hurricanes in the Caribbean region is growing every year, and it’s important to alert nationals and send relevant preparedness messages. TikTok, the leading destination for short-form mobile videos has partnered with the Caribbean Disaster Emergency Management Agency, (CDEMA) on this regional prevention campaign to raise awareness about the hurricane season in the Caribbean Community, (CARICOM) region.

TikTok will support the Disaster Fighters campaign to encourage people to be prepared for the hurricane season and provide access to informational messages on preparedness before, during and after a hurricane. They will also engage in livestreams and the creation of videos to improve community preparedness and resilience to risks such as hurricanes in the region.

The initiative is supported by the World Bank, TikTok, the European Union’s Caribbean Regional Resilience Building Facility, the Canada Caribbean Resilience Facility, the Global Facility for Disaster Reduction and Recovery and Binance Charity. The campaign has been developed by the risk communications firm Pacifico.

For more information visit disaster-fighters.org

And follow DISASTER FIGHTERS on

TikTok at https://www.tiktok.com/@disasterfighters

Twitter at https://twitter.com/disasterfight

Facebook at https://www.facebook.com/disasterfighter

Instagram at https://www.instagram.com/disasterfighters

MEDIA CONTACT:

For media interviews contact the Disaster Fighters team at [email protected]

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Scotiabank joins Mastercard in the launch of the Priceless Planet Coalition in the Caribbean

Priceless Planet Coalition global pledge is to plant 100 million trees in five years

CaribPR Wire, Thurs. March 18th, 2021 Scotiabank joins Mastercard on the expansion of the Priceless Planet Coalition to generate climate change awareness and impact across four Caribbean countries: Jamaica, Barbados, The Bahamas and the Dominican Republic. As part of the launch of this initiative, Scotiabank cardholders can contribute to different forestation initiatives through online purchases made with their ScotiaCard.

This global coalition unites the efforts of merchants, banks, cities and consumers to make meaningful investments to preserve the environment through the restoration of 100 million trees over five years, together with forestry experts from Conservation International and World Resources Institute. Other participating members are Transport for London and American Airlines, among others around the world, all of which are investing in innovative ways to inspire collective actions to address climate change. In the Caribbean, a place where climate change further impacts the effects of devastating hurricanes, Scotiabank has pioneered several initiatives to reduce Carbon emissions.

The current pandemic has underscored how interconnected our world has become, and that the health and well-being of our planet is deeply linked to that of our people. Together, Mastercard and Scotiabank are taking action now to combat global warming. Until April 22, current and new Bank cardholders in Jamaica can contribute to planting a tree for every five online purchases of J$4350 or more. The goal is to plant a total of 75,000 trees, based on purchases made in Jamaica, Barbados, The Bahamas and the Dominican Republic.

“Scotiabank is guided by our purpose: “for every future”. We recognize that climate change is one of the most pressing issues of our time, and through our Climate Commitments, we are dedicated to supporting actions that address this challenge through our banking operations,” said Anya Schnoor, Executive Vice President of Scotiabank in the Caribbean, Central America and Uruguay. “As a leading Bank in the Americas, collaboration with other organizations is crucial for effective climate action. The Priceless Planet Coalition provides an opportunity for us to work alongside Mastercard to help make an impact and enables our customers in the Caribbean to be part of a very practical and tangible climate solution,” she added.

Climate change affects us all. In the Caribbean, the negative impact of extreme weather conditions on sectors such as agriculture and tourism can be significant. Reforestation has a direct and measurable impact on the environment.

“Mastercard is committed to protect the environment in every continent where it operates, and here in the Caribbean, where the weather is sometimes extremely punishing, suffering from very destructive hurricanes; we truly believe in our efforts on restoring the rainforests and the landscapes is a key element in the fight against climate change” said Marcelo Tangioni, President of The Caribbean Division at Mastercard. Mr. Tangioni also added that “We are very glad to welcome Scotiabank joining the Priceless Planet Coalition, for this constant work against the clock and mostly, to rebuild ecosystems with the help of all the partners of the Coalition.”

The Priceless Planet Coalition aims to reinforce a restoration model that is not only focused on planting trees, but on re-growing forests for a positive climate, community, and biodiversity impact. To learn more about Priceless Planet Coalition, please visit www.PricelessPlanet.org and follow us on social media #pricelessplanet.

To know more about Mastercard Corporate Social Responsibility’s Report and all its social and environmental efforts around the World click here

About Mastercard, www.mastercard.com

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

About Scotiabank

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of over 90,000 employees and assets of approximately $1.1 trillion (as at October 31, 2020), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @ScotiabankViews.

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