Sustainability

Our Company is committed to fostering an inclusive and equitable workforce, where women are represented, engaged and empowered to generate and execute on innovative ideas.

59% of our global shoreside workforce is female, and 48% of our shoreside managers and above is female.

We have increased onboard water production with evaporators and Reverse Osmosis plants that use seawater as the source, which reduces the need for the bunkering of fresh water. In 2021, ~80% of our water was produced on board.

Our fleetwide average water consumption has decreased ~4.5% between 2015-2019. One of our water conservation efforts include installing water flow reducers on sink taps, shower heads and galley sink taps.

100% of our ships have Advanced Wastewater Purification systems onboard.

We have ship-specific plans in place that focus on improving energy efficiency including through improving voyage planning, speed optimization, operating engines on their most economic loads, optimization of HVAC systems, improving our ships’ hydrodynamic capabilities by upgrading the propulsion systems with more efficient propellers, applying low-friction hull coating and using energy-saving LED lights.

Our Waste Heat Recovery program works by recovering heat from the engines and using it to heat freshwater.

We directly employ ~35,000 team members internationally representing over 120 countries across the globe. We also have a significant indirect economic impact at our homeports and the nearly 500 destinations we visit worldwide.

We actively foster a culture of learning and offer a variety of developmental courses for our team members. During 2021, team members completed ~620,000 training and development hours.

We supported our employees through our student loan repayment and tuition reimbursement programs, paying over $375,000 in 2021.

In 2021, we donated $100,000 in Visa gift cards to help support the cruise members of the International Longshoremen’s Association Local 1416 which saw 60% of their business wiped out nearly overnight due to the pandemic. Longshoremen load and unload trains and ships from all over the world, including freighters and cruise ships. Local 1416 is a pillar of the local community, providing middle-class jobs and holding a historic position as the oldest Black union in Florida.

We remain committed to having a positive impact on our local communities, the communities we visit and on the local ecosystems through which we cruise.

In 2021, we donated ~$12 million in cash, cruise and other in-kind donations to various important causes.

In May 2021, we provided $10 million of cash support to Alaska port communities and organization severely impacted by the ongoing cruise voyage suspensions.

We promote responsible tourism by providing a variety of shore excursions for guests including Regent Seven Seas Cruises’ over 150 Eco-Connect tours in which guests engage with local groups and businesses to learn about how they’re working to conserve and sustain their surrounding environment.

We are committed to working with diverse partners across the supply chain to source safe, high quality, ethically responsible and sustainable products for our guests. In 2022, we updated our Supplier Code of Conduct and introduced a Responsible Sourcing Mission Statement to outline our expectations.

We have a strong focus on reducing single-use plastics through a multitude of initiatives. The various initiatives in place have resulted in the elimination of over 14 million single-use plastic water bottles and 51 million plastic straws to-date.

Animal welfare is important to us, and we require suppliers to implement procedures to prevent the mistreatment of animals. We have animal welfare goals including purchasing 100% of pork purchases from suppliers that do not use gestation crates by 2025.

~39% of our total U.S. supply chain spending, or $193 million, was with small businesses and businesses with minority, veteran or economically disadvantaged qualifications.

We have a long-term climate action strategy with a commitment to pursue net zero greenhouse gas emissions by 2050 across our operations and value chain.

Alongside strategic partners such as engine manufacturers and classification societies, we are assessing the feasibility of retrofitting existing engines to operate with dual fuels - diesel and methanol - with the goal to test the use of methanol by 2025. The results and key learnings from the pilot project will inform our wider plans to decarbonize additional ships.

We committed to offset 3 million metric tons of carbon dioxide equivalent over a three year period beginning 2021.

We began climate risks and scenario planning which resulted in the publication of our first Task Force on Climate Related Financial Disclosures (TCFD) report.

Our industry is inextricably linked to our oceans and as such, continual improvement is one of our core responsibilities.

We partner with various organizations to support ocean conservation including Ocean Conservancy and the Guy Harvey Ocean Foundation. We also have a coral reef restoration project in the Bahamas in conjunction with Nova Southeastern University.

Harvest Caye, the Company’s private destination in Belize, is home to a wildlife sanctuary and is also one of the few nesting sites for endangered hawksbill turtles.

We established the Harvest Caye Conservation Foundation (HCCF) in partnership with Belize Island Holdings Ltd. as a non-governmental organization whose primary goal is to promote wildlife conservation in Belize.

In 2021, HCCF matched passenger donations dollar-for-dollar to provide further support in detecting and mitigating threats to the Scarlet Macaw population.

Since 2017, we have partnered with the Alaska Raptor Center, located in Sitka, Alaska, which is an avian hospital and rehabilitation center that cared for over 200 injured birds of prey during 2021.