Royal Caribbean Cruises Ltd (RCCL), the world’s second largest cruise shipping group, has introduced its 20>25 by 2025 program which is designed to give people throughout the company specific goals to work towards.
“The program includes several goals by 2025: delivering $20.00 adjusted earnings per share (EPS); further reducing the company's carbon footprint by 25%; delivering strong returns on invested capital; and continuing to improve on record guest satisfaction and employee engagement metrics,” the company said in a statement.
For 2019, the adjusted EPS amounted to $9.56.
“These goals have been put in place to focus our leadership on achieving outsized improvements in our performance going forward. We believe that what gets measured gets better and - just like the Double-Double program - we believe that this 20>25 by 2025 program will help focus our people on the key success factors for our future. This program not only focuses on earnings and carbon footprint, it will also focus on further improving our guest satisfaction and employee engagement while continuing to deliver strong returns on invested capital,” RCCL said.
"We are pairing ambitious business and environmental goals because we all understand that businesses must do our part to meet the needs of all our stakeholders," said Richard D. Fain, chairman and CEO. "Over the last years, our people have worked hard to deliver strong performance on both profitability metrics and important societal goals. This 20>25 by 2025 program should help take those efforts to the next level."
