MIAMI - Royal Caribbean Cruises Ltd. has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a 2016 World's Most Ethical Company.
This year marks the tenth anniversary of Ethisphere and the World's Most Ethical Companies designation which recognizes those companies who align principle with action, work tirelessly to make trust part of their corporate DNA, and in doing so, shape future industry standards by introducing tomorrow's best practices today.
This marks the first time RCL has been recognized and is one of only two companies in the Lodging, Leisure and Recreation category underscoring their commitment to leading ethical business standards and practices.
"Tomorrow or 10 years from now, there is no substitute for doing the right thing," said Richard D. Fain, chairman and chief executive officer for Royal Caribbean Cruises Ltd. "Customers expect it, shareholders demand it, and we try to live it every day."
"Companies rely on Ethisphere to continually raise and measure the standards of corporate behavior. Those that demonstrate leadership in areas like citizenship, integrity and transparency create more value for their investors, communities, customers and employees, thus solidifying a sustainable business advantage," explained Ethisphere's Chief Executive Officer, Timothy Erblich. "Congratulations to everyone at Royal Caribbean Cruises for being recognized as a World's Most Ethical Company."