Green Century has withdrawn a shareholder proposal with Royal Caribbean Cruises Ltd. (RCL) after it agreed to make its food waste management and reduction strategies more public.
Cruise ships are notorious for their bountiful buffets, but this abundance comes at a price. Food expenditures account for 5.6 percent of Royal Caribbean’s total operating expenses, and food costs increased nearly $19 million in 2017—thanks, in large part, to numerous sustainable sourcing culinary initiatives, which Green Century applauds.