ROYAL CARIBBEAN CRUISES LTD.
STATEMENT PURSUANT TO MODERN SLAVERY ACT 2015
Royal Caribbean Cruises Ltd. (“RCL”) is the world’s second largest cruise company. We wholly own and operate
three global brands: Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises. Through
these brands, RCL operates a large and diverse fleet of ships on a selection of worldwide itineraries that call on
hundreds of destinations across all seven continents.
We endorse the principles contained in the United Nations’ (“UN”) Universal Declaration of Human Rights and
in the International Labour Organization’s (“ILO”) core conventions on labor standards. We are committed to
respecting human rights and core labor principles in our business operations and we approach and undertake this
This statement, approved by our Board of Directors, was prepared and is published pursuant to section 54 of the
United Kingdom’s Modern Slavery Act 2015 (the “Act”).
We place a high priority on conducting our business in compliance with the law and in accordance with the
highest standards of business ethics. We promote a culture of diversity and a workplace built on integrity, honesty,
fairness, and trust, and treating each other, our business partners, suppliers, and guests with respect and dignity.
We comply with laws and regulations applicable to where we conduct our business, including those relating to
the hiring and retention of our employees, and we expect that our business partners will do the same.
RCL’s Code of Business Conduct & Ethics (“Code”), available online, governs the ethical and legal conduct of our
employees across our global operations and includes our commitment to human rights and core labor principles.
All employees are trained on, and certify compliance with, the Code upon commencement of employment and
at regular intervals thereafter. The Code is approved by our Board of Directors and is periodically reviewed and
Our Supply Chain
We promote transparency in our supplier relationships and expect that our suppliers will conduct their business
operations, including their dealings with RCL, with the same ethical standards we do. These requirements,
including respecting human rights and core labor principles, are stated in RCL’s Supplier Guiding Principles,
available online and communicated to our suppliers via our Internet-based supplier portal and in provisions in
our standard terms and conditions and contracts.
The Supplier Guiding Principles also serve, in part, to guide our risk-based approach to managing our supplier
We encourage employees and suppliers to report known or suspected illegal and unethical activities to certain
designated contacts, including our Global Compliance and Ethics Group, or through RCL’s Compliance and
Ethics AWARE Hotline, which is accessible by phone, email, or the Internet, 24 hours/day, 7 days/week. More
information about RCL’s Compliance and Ethics AWARE Hotline can be found in Our Code, Supplier Guiding
Principles and on our corporate website. Reports are reviewed, and investigations and actions are taken when
The above processes are periodically reviewed and/or updated to ensure they remain appropriate and effective.
Certain statements throughout the site and within documents obtained from the site are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements regarding our future performance including, without limitation, future revenues, earnings, strategies, prospects, consequences and all other statements that are not purely historical Words such as “expect,” “anticipate,” “goal,” “project,” “plan,” “believe,” “seek” and similar expressions are intended to identify these forward-looking statements. Forward looking statements do not guarantee future performance and may involve risks, uncertainties and other factors which 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.
Examples of these risks, uncertainties and other factors include, but are not limited to: general economic and business conditions, vacation industry competition (including cruise industry competition), changes in vacation industry capacity (including over capacity in the cruise vacation industry), the impact of tax laws and regulations affecting our business or our principal shareholders, the impact of changes in other laws and regulations affecting our business, the impact of pending or threatened litigation, the delivery of scheduled new ships, emergency ship repairs, negative incidents involving cruise ships (including those involving the health and safety of passengers), reduced consumer demand for cruises as a result of any number of reasons (including armed conflict, terrorist attacks, geo-political and economic uncertainties, the unavailability of air service and the resulting concerns over safety and security aspects of traveling), our ability to obtain financing on terms that are favorable or consistent with our expectations, changes in our stock price or principal stockholders, the impact of changes in operating and financing costs (including changes in foreign currency and interest rates and fuel, food, payroll, insurance and security costs), weather and other factors described in further detail in Royal Caribbean Cruises Ltd.’s filings with the Securities and Exchange Commission.
The above examples are not exhaustive and new risks emerge from time to time. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.